You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?

The correct answer is E. Run the Transactions from Receiving to Costing process. Explanation/Reference: You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up. What do you need to do for your receipt to show up? Explanation/Reference:

Process Cost Transactions

Question

Options

ARun the Transactions from Procurement to Costing process.
BRun the Transfer Costs from Payables to Cost Management process.
CRun the Create Accounting process.
DRun the Clear Receipt Accrual Balances process.
ERun the Transactions from Receiving to Costing process.

How the community answered

(30 responses)

A
3% (1)
C
7% (2)
D
10% (3)
E
80% (24)

Explanation

Explanation/Reference: You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up. What do you need to do for your receipt to show up? Explanation/Reference:

Topics

#Cost Transactions#Receiving#Costing Process#Transaction Transfer

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