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| Section | Objectives |
|---|---|
| Cost Management and Reporting | - Manufacturing Costing
|
| Inventory and Supply Chain Integration | - Inventory Transactions
|
| Quality Management | - Inspection and Quality Control
|
| Manufacturing Cloud Setup and Configuration | - Enterprise Structure and Manufacturing Setup
|
| Work Execution Management | - Production Execution
|
| Work Definition and Product Structure | - Work Definitions
|
1. Your client informs you that after running the "Process Item Structure Changes to Work Definitions" scheduled process, they received a workflow notification.
Which statement is NOT a workflow notification that you might get if automation is not performed?
A) The original component is not assigned to any work definition operation.
B) The manufacturing plant Is enabled for ERES, the work definition changes are not expected to go through an approval process.
C) The original component has been assigned to more than one work definition operation.
D) The replacement component has been assigned as an ad hoc Item to the same operation as the original component.
2. Which three statements are true about the main areas of Managerial Accounting?
A) Receipt Accounting Is the application that performs accrual accounting for all types of receipts.
B) Supply Chain Orchestration automatically selects the correct process based on user-defined Subledger Accounting rules when a supply creation Is initiated.
C) Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
D) Cost method can be defined with granularity down to individual Items.
3. You create a work order, in which some of the operations have components with the Push supply type. While reporting material consumption on the Report Material Transaction page, you want the Push components to default whenever the operator selects Show Components.
Which setup task must you perform in the Manage Plant Parameters section to achieve this?
A) Set Default Transaction Mode to Work Definition.
B) Set Default Transaction Mode to AIL
C) Set Default Transaction Mode to Entered and Default Transaction Quantity to Work Definition.
D) Set Default Transaction Mode to Entered.
4. Which two reports provide work order cost-related information to Costing users?
A) WIP Balance by Plant
B) Receipt Accounting Dashboard
C) Work Order Operational Analysis
D) Purchase Variance Summary
5. In a manufacturing plant, two purchase components, PI and P2, and a resource, Rl, are required to assemble a product. The cost of the assembly is calculated by using the standard costing method. The work definition and resource rates for the assembly have been defined as Required.
A Cost Accountant is estimating cost of the assembly, and analyzing rolled-up costs before finally publishing estimates as frozen standards to Cost Accounting by using a Cost Planning Scenario. While reviewing rolled-up costs, the extended costs of purchase components are not included in a rolled-up scenario.
What is the reason for this?
A) Create Accounting Distributions was not initiated.
B) Purchase components PI and P2 are not associated with the material cost plan of the Cost Planning Scenario.
C) Create Accounting was not initiated.
D) Costs for purchase components PI and P2 are not defined In Cost Accounting.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,C,D | Question # 3 Answer: A | Question # 4 Answer: A,C | Question # 5 Answer: B |
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