Which three are features or functions of Receipt Accounting?

1. A. If you do accrue at receipt, an accrued liability account is credited when the goods are received.
2. B. The Receipt Accounting process creates accounting distributions and posts those to Subledger Accounting (SLA) for processing and then into the General Ledger (GL).
3. C. Based on GAAP rules, Inventory items can be accrued at receipt or Period-end.
4. D. Receipt Accounting performs the accrual accounting for all receipts: services, supplies, project materials, and inventory.
5. E. If you do not accrue at receipt, an accrued liability account is credited when the goods are received.

Correct Answer: ABD

Identify two ways you can track performance against goals when defining measure goals. (Choose two.)

1. A. Specification
2. B. Value
3. C. Range
4. D. Aggregation
5. E. Quantity
6. F. Attribute

Correct Answer: BF

Which two statements regarding the Decomposition scheduled process are incorrect? (Choose two.)

1. A. It does not recognize forecast exceptions.
2. B. It reads published planning data from interface tables.
3. C. It received supplier commits.
4. D. It creates or updates an order forecast, used by Supply Chain Collaboration to publish to suppliers.

Correct Answer: AC

Which Statement is NOT correct regarding demand schedules when planning supply?

1. A. A demand schedule can be another Demand Plan, a Sales & Operations Plan, or a Production Plan.
2. B. A demand schedule's "End Item Demand" measure must be one of: Final Shipments Forecast, Final Bookings Forecas
3. C. Approved Final Shipments Forecast, or Approved Final Bookings Forecast.
4. D. An integrated demand and supply plan can have more than one demand schedule.
5. E. External forecast loaded from flat files can be a demand schedule.

Correct Answer: B

Your customer has seasonal demand and wants to generate forecast for next six months. You ran a demand plan for first time using six months of shipments history but the forecast accuracy was low.
Identify two statements that are true in this scenario. (Choose two.)

1. A. Running a demand plan with both shipments and booking forecast profile is required to forecast seasonal demand.
2. B. Running a demand plan with less than one year of history will impact seasonal analysis.
3. C. Running a demand plan with both shipments and seasonal shipments forecast profile is required to forecast seasonal demand.
4. D. Running a demand plan with six months of booking history instead of six months of shipment history is required for seasonal demand.
5. E. Running a demand plan with 18 to 36 months of shipments history is recommended.

Correct Answer: DE