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.It will use the work definition with the January 2, 2016 effective date.
• B.It must always use the work definition with the October 1, 2015 effective date.
• C.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.
• 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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When attempting to open costing periods, your customer is receiving the following error:
Error: You do not have the required permission. You can request that your help desk change your security settings.
What configuration needs to be done so your customer will be able to open the Cost Accounting period?

• A.Create Data Access on the Cost Accountant role for the correct cost organization.
• B.Create Data Access on the Accounts Payable role for the correct inventory organization.
• C.Create Data Access on the Accounts Payable role for the correct cost organization.
• D.Create Data Access on the Cost Accountant role for the correct inventory organization.

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Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario

• A.Work definitions with specific unit numbers
• B.Work definitions with the highest production priority
• C.Work definitions with the highest costing priority
• D.Work definitions without alternates
• E.Work definitions with the lowest production cost

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

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Which three features are included in Receipt Accounting?

• A.Analyze Standard Purchase Cost Variances
• B.Create Receipt Accounting Distribution
• C.Review Item Costs
• D.Adjust Receipt Accrual Clearing Balances
• E.Review Journal Entries

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