Question 1

Landed Cost Variance Analysis can be performed based on which three dimension combinations?

Options :

A : Business Unit/Landed Cost Charge/Cost Organization

B : Item/Business Unit/Route

C : Item Category/Material Supplier/Landed Cost Charge

D : InventoryOrganization/Landed Cost Charge/Third Party Supplier

E : Item Catalog/Inventory Organization/Business Unit

Answer: A,C,D

Question 2

You have configured the application as follows:• Expense items are set to accrue at receipt.• Receipt Close tolerance is set to 75 percent.• Purchasing Line types are set to 2-way match.When you create a purchase order, the Accrue on Receipt check box is automatically selected when a line isadded.Which two configurations changes willensure the Accrue on Receipt check box is not selected by default?

Options :

A : Change expense items to accrue at period end.

B : Change the Purchasing Line types to 4-way match.

C : Change inventory items to accrue at period end.

D : Change the Purchasing Line types to 3-way match.

E : Change the Receipt Close tolerance so it is 100 percent.

Answer: A,D

Question 3

You have configured your expense items to accrue at receipt. You have created a few purchase orders andwant to verify that the supplier invoices have been created.Which accounting entries signal this process has taken place?

Options :

A : Debit Charge Account (expense or inventory), Credit Receiving Inspection

B : Debit Accrued Liability, Credit Accounts Payable

C : Debit Receiving Inspection, Credit Accrued Liability

D : Debit Expense, Credit Receiving Inspection

E : Debit Expense, Credit Expense Accrual

Answer: C

Question 4

You are configuring Landed Cost Management for client proof of conceptand only want to set up required tasks. Which task must be completed?

Options :

A : Charge Name

B : Reference Types

C : Trade Operation Templates

D : Routes

E : Trade Operation

Answer: E

Question 5

Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costingpolicies, they realize that they want to cost some of their lotsdifferently then othersWhat must they do to accomplish this?

Options :

A : Quick Setup generates valuation units so they just have to access those valuation units and make their changes.

B : They cannot change their current configuration; data generated by Quick Setup cannot be changed.

C : They must create their valuation units manually.

D : Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.

Answer: C

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