Online Access Free 1z0-987 Practice Test

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

Your client wants their expense items to be accrued at receipt. Which two configurations support this requirement?

• 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 Management > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "Yes".
• E.Product Information Management > 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.

Which four steps need to be completed to establish standard costs for a make item?

• A.Add standard costs to a cost scenario.
• B.Publish costs
• C.Run preprocessor.
• D.Export item costs.
• E.Create a new cost scenario.
• F.Complete cost roll-up.

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 is added Which two configurations changes will ensure the Accrue on Receipt check box is not selected by default?

• A.Change the Purchasing Line types to 3-way match.
• B.Change inventory items to accrue at period end.
• C.Change the Purchasing Line types to 4-way match.
• D.Change the Receipt Close tolerance so it is 100 percent.
• E.Change expense items to accrue at period end.

Which two types of costs are included in the cost of contract manufactured items?

• A.The cost of items that the original equipment manufacturer (OEM) owns and has provided to the contract manufacturer for use in the process of making the output Items
• B.The cost of resources consumed at the OEM's factory
• C.Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
• D.The cost of the contract manufacturing service Item. This is the price that the contract
• E.The cost of Items that the contract manufacturer had to purchase to perform the contract manufacturing service, and the cost of resources used by the contract manufacturer