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

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

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Which two types of costs are included in the cost of contract manufactured items?

• A.The cost of items that the original equipment manufacturer (OEM) owns and has provided to the contract manufacturer for use in the process of making the output Items
• B.The cost of Items that the contract manufacturer had to purchase to perform the contract manufacturing service, and the cost of resources used by the contract manufacturer
• C.The cost of resources consumed at the OEM's factory
• D.Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
• E.The cost of the contract manufacturing service Item. This is the price that the contract

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You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?

• A.Trade Operation
• B.Routes
• C.Trade Operation Templates
• D.Charge Name
• E.Reference Types

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Identify four characteristics of a cost element.

• A.Users can define any number of cost elements.
• B.The mapping of cost components into cost elements is user-defined.
• C.It uses date effectivity.
• D.It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
• E.It is the granularity at which costs are tracked and accounted.
• F.It is user-defined.

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If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings?

• A.Refer to the Accounting Event Diagnostic report.
• B.Review errors in the Create Accounting Execution report.
• C.Refer to the Accounting Event Diagnostic log.
  E Review errors in the Create Accounting Execution log.
• D.Query the transaction from Review Cost Accounting Distributions to see the error message.

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