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

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You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.
What do you need to do for your receipt to show up?

• A.Run the Transfer Costs from Payables to Cost Management process.
• B.Run the Transactions from Receiving to Costing process.
• C.Run the Clear Receipt Accrual Balances process.
• D.Run the Create Accounting process.
• E.Run the Transactions from Procurement to Costing process.

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Select two ways to define the standard cost for an item from the Cost Accounting work area.

• A.Create Standard Cost in a spreadsheet.
• B.Manage the Item Cost task.
• C.Manage the Standard Cost task.
• D.Import standard costs from receipt layers.

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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?(Choose Three)

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

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

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