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NEW QUESTION 50
Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
How will the application select the work definition?

• A. It will use the work definition with the January 2, 2016effective date.
• B. It must always use the work definition with the October 1, 2015 effective date.
• C. You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.
• D. Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.

Answer: C

NEW QUESTION 51
Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)

• A. Item CostIdentify two reference types used to tie a receipt trade operation to an expense invoice for landing
• B. Journal Entries
• C. Inventory Valuation
• D. Purchase Variance Summary
• E. Cost Processing
• F. Work Order Costs

Answer: A,C,E

NEW QUESTION 52
Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?

• A. Event Class: Period End Accrual Event Type: Period End Accrual
• B. Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual
• C. Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
• D. Event Class: Expense AccrualEvent Type: Period End Accrual
• E. Event Class: Expense Accrual Event Type: Expense Accrual

Answer: A

NEW QUESTION 53
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