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1. Identify two characteristics of Landed Cost charge names.
A) Charge names cannot be associated with a PO schedule.
B) You can modify a charge name until it is associated with a trade operation.
C) Duty is a seeded charge name for Landed Cost.
D) You can use multiple currencies within a trade operation for the same charge name on different lines.
E) Charge names cannot be used to tie an invoice to a trade operation.
2. You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assembly shows "0" cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
Identify two reasons this happened.
A) Outstanding purchase orders have not been received.
B) The Work Definition is incomplete.
C) The item has no on-hand inventory.
D) Burdens have not been established for the item
E) The assembly item is marked as Perpetual Average costed.
3. What are the predefined areas that give you visibility into the status of Receipt Accounting, on the overview page in the Receipt Accounting work area?
A) Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Transactions
B) Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Period Validation Status
C) Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Period Validation Status
D) Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Transactions
E) Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting Transactions
4. Landed Cost Variance Analysis can be performed based on which three dimension combinations?
A) Item/Business Unit/Route
B) Business Unit/Landed Cost Charge/Cost Organization
C) Item Category/Material Supplier/Landed Cost Charge
D) Inventory Organization/Landed Cost Charge/Third Party Supplier
E) Item Catalog/Inventory Organization/Business Unit
5. You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?
A) Cost Scenario
B) Trade Operation
C) Orders
D) Charge Name
E) Routes
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: B,E | Question # 3 Answer: A | Question # 4 Answer: E | Question # 5 Answer: B |
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