When running the Transfer Costs to Cost Management process, where will the primary default source for costs come from and what is the effect?

• A.Purchase order costs; item catalog costs can be used.
• B.Receivables invoices; actual cost can be used.
• C.Receipt costs; costs include adjustments.
• D.Payables invoices; invoice price variance can be added to item cost.
• E.Requisition costs; validated costs can be used.

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Identify three Landed Cost Management tasks.

• A.Capture Charges
• B.View Rolled Up Costs
• C.Manage Cost Scenarios
• D.Perform Allocations
• E.Create Accounting
• F.Review Journal Entries

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Identify two ways that standard cost is calculated.

• A.The cost of a configured item is calculated based on the work definition of the model item.
• B.The roll-up calculation can be performed to update standard costs for Cost Accounting purposes
• C.The standard cost is the sum of the cost of the selected option items.
• D.The standard cost of the configured item is based on the purchase order price quoted by the supplier for the configured item.
• E.Users must manually enter the cost of each configured item; the calculation is not automated.

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How is the standard cost of a manufactured configured item calculated?

• A.The standard cost of a model item is calculated.
• B.It is based on the actual cost of the work order after it is completed.
• C.The standard cost is calculated for every possible combination of options under a model
• D.It is based on the material and resource requirements of a released work order.

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An invoice is created in a foreign currency. The invoice is not paid until several weeks later. By then, the currency conversion rate has changed.
How do you get the journal line rule to calculate the gain or loss?

• A.Create a secondary ledger to track gain/loss.
• B.Turn on the Subledger Gain or Loss Option.
• C.Subledger Accounting is already set up to process it.
• D.Create a foreign reporting currency to track gain/loss.

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