Your customer wants to run a report to review account balances for both inventory valuation and cost of goods sold. Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

• A. Costing Balances Report
• B. Inventory Valuation Report
• C. Inventory Account Balances Report
  B COGS Account Balances Report
• D. Revenue and COGS Matching Report

A chart of accounts (COA) must be specified on the accounting method for which two situations?

• A. When using account combination rules
• B. When using segment rules
• C. When using ledgers that have unique accounting requirements
• D. When account combination rules use constants
• E. Every accounting method should have a COA.

Your client wants to set up some of their items as expense items and then enable them to be accrued at period end for one of their business units.
Which two configurations will support this request?

• A. Product Information Item > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "Yes".
• B. Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at Period End.
• C. Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals
  > Set Accrue Expense Items to At Receipt.
• D. Product Information Item > Search and select item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "No".
• E. Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals
  > Set Accrue Expense Items to Period End.
• F. Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.

At what level can you define item cost profiles?

• A. Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.
• B. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
• C. Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
• D. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.

If the accounting method does not have an assigned chart of accounts (COA), which option is valid?

• A. The accounting method may only be used by ledgers without a COA.
• B. Accounting rules cannot override the accounting method.
• C. Any secondary ledger that uses the method cannot have a COA.
• D. The accounting method can be assigned to any ledger.
• E. The accounting method must have a mapping set to convert the accounts.