Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)

A. Landed Cost Management gives organizations financial visibility into their extended supply chain costs.

B. Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.

C. Receipt Accounting is the application that performs the accrual accounting for all types of receipts.

D. Cost method can be defined granularity down to individual items.

Your customer is a very large organization spanning across multiple countries. Their legal requirements,

Human Resource Policies, and Functional Currencies for Ledger are different for each country. Your

customer wants to maintain 10 different companies in the system.

Which combination meets this requirement?

A. 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger

B. 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger

C. 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions

D. 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger

You have a high value item that you want to audit on an unscheduled basis to deter pilfering. Which two methods could you use to do this? (Choose two.)

A. Based on Item Category

B. Manual Cycle Count

C. Blind Inventory Count

D. ABC Count

E. Automated Cycle Count

Identify the correct sequence of consigned inventory process flow.

A. Consumption advice sent to supplier - Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer

B. Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer - Consumption advice sent to supplier

C. Consignment order sent to supplier - Consignment agreement creation - Consumption advice sent to supplier - Consigned inventory received by buyer

D. Consignment agreement creation - Consignment order sent to supplier - Consigned inventory received by buyer - Consumption advice sent to supplier

Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back. What is the process of returning the material?

A. Return the material and create a debit memo for the supplier.

B. You cannot return consigned items that are invoiced and paid. Treat the material as scrap.

C. You have to transfer the ownership of item and perform the return transaction.

D. You have to cancel the invoice and send the material back without changing the ownership.

While creating the consignment agreement, you have set the consumption advice frequency to "monthly" and the billing cycle close date to "31st August, 2020".

What will happen when you run the consumption advice process on 31st August, 2020?

A. Consumption advice is created and the next closing date is set to 30th October, 2020.

B. No consumption advice is created.

C. Consumption advice is created and the next closing date is set to 30th September, 2020.

D. Consumption advice is created and the next closing date is set to 7th September, 2020.

A user is performing a material return transaction against excess stock in an Inventory organization;

however, the user fails to select the Physical Material Return Required check box.

What happens?

A. A transfer order line remains open

B. Shipment lines are created

C. Stock is reserved

D. It is considered as accounting-only return

You have orders that were due for shipping last week, but as of now they have not been shipped. Which

dashboard should you check at the end of the day to determine which orders have been shipped?

A. Past Due, Completed Today

B. Due Today, Not Completed

C. Past Due, Not Completed

D. Past Due Shipments

E. Orders Completed in Full

A supply request has been received in supply chain orchestration. Both organizations belong to the same legal entity and they do not have a buy-sell relationship between them. Which type of execution document can fulfill the supply request?

A. Sales Order

B. Purchase Requisitions

C. Purchase Order

D. Transfer Order

Your customer has a complex financial reporting structure. Which three elements should you define first in order to form a basis for this reporting?

A. Managerial, Operational, and Industry

B. Legal, Autonomy, and Operational

C. Tax, Legal, and Industry

D. Legal, Managerial, and Functional