Online 1D0-1074-25-D Practice Test

Question 1

Your client wants to set up some of their items as expenseitems and then enable them to be accrued at period

end for one of their business units.

Which two configurations will support this request?

Options :

A : Product Information Item > Search and select item > Specifications > Manufacturing > Verify that Inventory AssetValue is set to "No"

B :

Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to Period End.

C :

Configure Procurement Business Function > Select the business unit > Set SelectReceipt Close Point to Accrue at Period End.

D :

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

E :

Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.

F :

Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to At Receipt.

Answer: A,B

Question 2

Identify two characteristics of an expense pool. (Choose two.)

Options :

A :

It helps you analyze under-absorption and over-absorption of expenses that you want to capitalize onto thebalance sheet as inventory value.

B :

It is a user-defined entity that represents a grouping of expenses that you want to absorb with resource and overhead rates.

C : You can define the name of your expense pool, but you cannot define more than one.

D : It isused only for analyzing gross margins on noninventory sales of services.

Answer: A,B

Question 3

Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories

that hold normal goods and one subinventory that holds returned goods. They want their normal goods

subinventories to be costed differently from their returned goods subinventory.

Which cost policy supports this requirement?

Options :

A :

Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization

B :

Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.

C :

Manually create one cost profile for the normal goods subinventories and one cost profile for the returnedgoods subinventory.

D :

Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory

E :

EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."

Answer: D

Question 4

In which two scenarios would you define account rules based on value sets?

Options :

A : When a chart of accounts is assigned to the value set definition

B : When asecondary ledger has a different COA

C : In the absence of a chart of accounts on the accounting method

D : When there is a mapping set to convert the accounts

E : If a segment shares the same value set across multiple chart of accounts

Answer: E

Question 5

After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?

Options :

A : Transfer to Sub ledger Accounting.

B : Transfer transactions from payables.

C : Transfer transactions from receiving.

D : Create distributions.

E : Assign accruals to purchase order transactions.

Answer: A,D

EXPERTY DESIGNED 1D0-1074-25-D PRACTICE TEST