JDEdwards Finance – Advanced Cost Accounting MCQ
This JDEdwards Finance – Advanced Cost Accounting MCQ Quiz contains few questions as a free online practice test.
1. ACA provides what if functionality. It uses the views to perform what if analysis. How many views can be used in a year.
a) 10
b) 12
c) 5
d) No limit
2. Flex Accounting is a powerful feature which supports Advanced cost accounting. It is not used to
determine …..
a) Object Account
b) Business Unit
c) Subsidiary
d) Cost Object Account
3. ……………………………………….involves analysis at a profit-center level, such as customers and products, instead of an organizational level, such as marketing, administration, and manufacturing.
a) Traditional Accounting
b) 52 period accounting
c) Managerial Accounting
d) GAAP Accounting
4. Advanced cost accounting provides how many additional cost objects
a) 4
b) 6
c) 5
d) 3
5. Drivers (or Cost Drivers)-data to be used for assigning cost by activity (ex.:# of sales orders, man hours) or another way of saying it is that it is the common denominator that can be applied to a specific group of expenses. Which of the following is not a valid cost driver
a) Customer
b) Time
c) Currency
d) Item
