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NEW QUESTION 45
Identify two purposes of Subledger Accounting.

• A. to maintain backward compatibility
• B. to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
• C. to calculate costs for transactions
• D. to centralize accounting string generation across all modules
• E. to create accounting strings that can be viewedand corrected just before they are transferred to the General Ledger

Answer: C,E

NEW QUESTION 46
Select two ways to define the standard cost for an item from the Cost Accounting work area.

• A. Create Standard Cost in a spreadsheet.
• B. Manage the Standard Cost task.
• C. Manage the Item Cost task.
• D. Import standard costs from receipt layers.

Answer: A,C

NEW QUESTION 47
You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assemblyshows "0" cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
Identify two reasons this happened.

• A. The Work Definition is incomplete.
• B. Outstanding purchase orders have not been received.
• C. The item has no on-handinventory.
• D. Burdens have not been established for the item
• E. The assembly item is marked as Perpetual Average costed.

Answer: A,E

NEW QUESTION 48
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