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

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Your client wants to set up some of their items as expense items and then enable them to be accrued at period end for one of their business units.
Which two configurations will support this request?

• A.Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.
• B.Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals
  > Set Accrue Expense Items to At Receipt.
• C.Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals
  > Set Accrue Expense Items to Period End.
• D.Product Information Item > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "Yes".
• E.Product Information Item > Search and select item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "No".
• F.Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at Period End.

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You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work area. Why can't you see this process?

• A.You do not have the role to import purchase order information into Receipt Accounting.
• B.This process can only be scheduled and run from the Receipt Accounting work area
• C.Purchase order information is automatically sent to Receipt Accounting using a real-time method
• D.Purchase order information should not be imported into Receipt Accounting.
• E.All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate 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.Receipt costs; costs include adjustments.
• B.Requisition costs; validated costs can be used.
• C.Purchase order costs; item catalog costs can be used.
• D.Payables invoices; invoice price variance can be added to item cost.
• E.Receivables invoices; actual cost can be used.

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Identify two purposes of Sub ledger Accounting.

• A.to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
• B.to centralize accounting string generation across all modules
• C.to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
• D.to maintain backward compatibility
• E.to calculate costs for transactions

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