You can track costs at what granularity level in Cost Accounting for the actual costing method?

• A.Subinventory. Lot, Serial, Grade
• B.Grade, Subinventory, Locator, Serial
• C.Subinventory, Make, Lot, Serial
• D.Grade, Serial, Group, Lot
• E.Subinventory, Lot, Serial, Locator

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Your client needs to import the relevant transactions and tax determinants for their expense items into Receipt Accounting. What is the correct sequence of processes to accomplish this?

• A.Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing
• B.Transfer Costs to Cost Management, Transfer Transactions from Inventory to Costing
• C.Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing
• D.Transfer Transactions from Receiving to Costing, Transfer Costs to Cost Management
• E.Transfer Transactions from Inventory to Costing, Transfer Costs to Cost Management
• F.Transfer Costs to Cost Management, Transfer Transactions from Receiving to Costing

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Which two things must your customer check daily in order to ensure that all their purchase order transactions from that day have been accounted for in Receipt Accounting Distribution?

• A.Review their accrual balances and clear them.
• B.Review their journal entries, including their sub-ledger accounting events and class where the charges from the purchase orders are going to be charged to.
• C.Review their Receipt Accounting processes that show whether any processes failed and why.
• D.Review their distributions that show the debit and credit information specific to the Receipt Accounting transaction selected.
• E.Review their audit receipt accrual clearing balances.

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If the accounting method does not have an assigned chart of accounts (COA), which option is valid?

• A.The accounting method must have a mapping set to convert the accounts.
• B.Any secondary ledger that uses the method cannot have a COA.
• C.Accounting rules cannot override the accounting method.
• D.The accounting method can be assigned to any ledger.
• E.The accounting method may only be used by ledgers without a COA.

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Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
How do you accomplish this?

• A.Write a custom report.
• B.Turn on detailed posting for GL in the ledger setup.
• C.Turn off the summarize flag in the journal line rule.
• D.Turn off merge matching lines in the journal line rule.
• E.Extract distribution accounting entries.

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