Online Access Free 1z1-565 Exam Questions

Identify how the Engineering Variance is calculated:

• A.Difference between Actual Amount and Completed Amount
• B.Difference between Current Amount and Planned Amount
• C.Difference between Planned Amount and Actual Amount
• D.Difference between Standard Amount and Current Amount

Labor (B1, B2) or machine (B3) costs are not being rolled up. Select the three steps that should be performed in order to solve this problem.

• A.Verify if the Simulated Work Center Rates exist for the appropriate Work Centers and Cost Methods.
• B.Verify if there is a Bill of Material for this item in the selected branch/plant.
• C.Verify that the time basis code is set correctly on the Bill of Material.
• D.Verify that the Accounting Cost Quantity (ACQ) is set correctly in the Item Branch Manufacturing values.
• E.Verify there are hours for Direct Labor, Setup Labor, or Machine Run time.

Choose two objectives of Quality Management

• A.Provides lot tracing capability
• B.Develops a testing method for On Time Delivery
• C.Offers the ability to capture financial data
• D.Provides the ability to create and maintain customers tests

Identify three abilities of Manufacturing Accounting:

• A.Create only detailed Journal entries for work-in-process or completions
• B.Review engineering, planned, actual, and other variances
• C.Charge amounts to specified accounts
• D.Process lean accounting transactions using transaction work orders
• E.Create detailed or summary journal entries for work order or rate schedule variances

Which three statements are true about the Manufacturing Work Center?

• A.It can be part of a dispatch group for departments that perform similar operations
• B.Specifies the Work Center Efficiency for Product Costing.
• C.Each Work Center has a maximum of eight available shifts.
• D.Defines work center labor, machine, and set up rates.
• E.A Work Center is a business unit with a Business Unit Type of FMG.