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Question ID 8340

Select three statements that are true regarding the clearing account. (Choose three.)

Option A

An asset clearing account can also be used as a project clearing account.

Option B

You can have a maximum of one asset clearing account per asset category.

Option C

For each payables document you create, you can have a separate cash clearing account.

Option D

You can use Cash in Transit report in cash management only if cash clearing account and cash account are separate

Option E

You use a separate cash clearing account and cash account to have visibility of the Cash in Transit on the balance sheet.

Correct Answer B,C,E
Explanation


Question ID 8341

Two Customer Service Representatives each book a sales order for an item that is revision and lot controlled. There are no other open, active sales orders for this item. Each Customer Service Representative pick releases their order to the same warehouse independently. The Pick Release Rule used by both includes Auto Allocation. On the resulting Move Orders, Inventory has allocated all the requested quantity for one of the sales orders, but only half the requested quantity on the second sales order was available to be allocated. Using the Transact Move Orders form, which action sequence can the warehouse person use to reduce the allocation on the first Move Order so that both customer orders can be equally satisfied?.

Option A

1. View/Update Allocations; 2. Change the allocated Revision and Quantity values, as appropriate.

Option B

1. View/Update Allocations; 2. Change the allocated Revision and Quantity values;

Option C

Change the allocated Lot and Quantity values, as appropriate. C. 1. View/Update Allocations;2. Change the allocated Lot and Quantity values, as appropriate; 3. Select the appropriate Missing Quantity Action.

Option D

1. View/Update Allocations; 2. Change the allocated Revision and Quantity values, as appropriate; 3. Change the Destination Subinventory.

Correct Answer C
Explanation

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