Which statement is true regarding the cost cutoff date in Cost Accounting?

• A.It only affects whether or not you can process a cost adjustment.
• B.Transactions with a transaction date before the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is before the transaction date.
• C.Transactions with a transaction date after the cost cutoff date will not be processed. These transactions will never be processed in any subsequent cost processor run.
• D.Transactions with a transaction date after the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is later than the transaction date.

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Which two statements are true about Cost Accounting books? (Choose two.)

• A.A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
• B.A cost organization has one book that posts to the primary ledger.
• C.Every cost organization must use different book names; they cannot be shared.
• D.Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.

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Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

• A.Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
• B.Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
• C.Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
• D.Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
• E.Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs

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Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015 effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
How will the application select the work definition?

• A.You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.
• B.It will use the work definition with the January 2, 2016 effective date.
• C.It must always use the work definition with the October 1, 2015 effective date.
• D.Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.

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

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