Your client is using Quick Setup to implement Costing. They have a requirement to track costs for manufacturing overhead. How can you make sure that this requirement is met?

• A.This requirement will already be met by the default data generated when using Quick Setup.
• B.Complete Quick Setup and then create the user-defined cost using the Manage Cost Component task.
• C.You can only track costs for Direct Labor and Direct Equipment; this requirement cannot be met.
• D.Create the cost in Manage Cost Scenarios.

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You have an item with two work definitions. One work definition is production priority 1 and named Plan A.
Another work definition is production priority 2 and named Plan B.
In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B.
How will the application select the work definition?

• A.The cost planning scenario will use both work definitions for the item.
• B.The scenario will choose the work definition that is production priority 1.
• C.While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
• D.The application will generate an error because there are two work definitions for the same item.
• E.The application will use the work definition that is named Plan B.

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Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of their lots differently then others What must they do to accomplish this?

• A.They cannot change their current configuration; data generated by Quick Setup cannot be changed.
• B.Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.
• C.Quick Setup generates valuation units so they just have to access those valuation units and make their changes.
• D.They must create their valuation units manually.

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Which three cost planning tasks can be performed in the Cost Accounting work area?

• A.Review Work Order Costs
• B.Review Item Costs
• C.Analyzing and Comparing Costs
• D.Estimating Standard Costs for Assemblies
• E.Manage Resource Rates
• F.Manage Cost Accounting Periods

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

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