Which two steps need to be completed to estimate landed costs?

• A.Transfer transactions from the Payables to the Costing process.
• B.Prepare the Material Purchase Order Data process.
• C.Allocate charges
• D.Update standard costs.
• E.Transfer transactions from the Inventory to the Costing process.

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

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Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that hold normal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.
Which cost policy supports this requirement?

• A.Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory.
• B.Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.
• C.Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.
• D.EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."
• E.Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization.

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Which two things must your customer check daily in order to ensure that all their purchase order transactions from that day have been accounted for in Receipt Accounting Distribution?

• A.Review their audit receipt accrual clearing balances.
• B.Review their distributions that show the debit and credit information specific to the Receipt Accounting transaction selected.
• C.Review their accrual balances and clear them.
• D.Review their journal entries, including their sub-ledger accounting events and class where the charges from the purchase orders are going to be charged to.
• E.Review their Receipt Accounting processes that show whether any processes failed and why.

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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.Create the cost in Manage Cost Scenarios.
• C.You can only track costs for Direct Labor and Direct Equipment; this requirement cannot be met.
• D.Complete Quick Setup and then create the user-defined cost using the Manage Cost Component task.

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