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NEW QUESTION 32
Data ownership is used in a company and the "business partner and document" method is selected. A sales employee adds a sales quotation for a business partner.
How will the system apply data ownership rules if there is NOT an owner in the business partnermaster data?

• A. Based on the sales employee's authorizations
• B. Based on the document owner
• C. Based on the business partner contact
• D. Based on the company relationship

Answer: B

NEW QUESTION 33
In a perpetual inventory system, what is the effect of posting an A/P Invoice that is copied from a Goods Receipt PO (GRPO)? Note: There are 2 correct Answers to this question.

• A. Stock value increases.
• B. Allocation account from GRPO clears.
• C. Journal entry reduces cash account.
• D. Vendor's balance increases.

Answer: B,D

NEW QUESTION 34
Which of the following documents increases the in-stock level of an item? Note: There are 3 correct Answers to this question.

• A. Return
• B. Goods Receipt PO
• C. Reserve Invoice
• D. Goods Return
• E. Goods Receipt

Answer: A,B,E

NEW QUESTION 35
A company uses perpetual inventory and produces items In-house that are controlled by the standard cost valuation method The standard cost value is set to 20 During the past month, the actual cost to produce this item increased to 25 due to labor costs.
What is the effect on accounting and inventory each time thisitem is produced? Note: There are 2 correct answers to this question.

• A. A cost of 20 isposted to the stock account.
• B. The cost of goods sold for the item will be set at 25.
• C. The cost of 25 is posted to the stock account.
• D. The cost difference 5 is posted to a variance account.

Answer: A,D

NEW QUESTION 36
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