COST ACCOUNTING
COST MANAGEMENT SYSTEMS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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You have an item with two work definitions. One work definition is production priority 1 and named Plan A. Another work definition is production priority 2 and named Plan B. In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B. How will the application select the work definition?
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The scenario will choose the work definition that is production priority 1.
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The cost planning scenario will use both work definitions for the item.
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The application will generate an error because there are two work definitions for the same item.
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The application will use the work definition that is named Plan B.
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While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
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Explanation:
There is 1 question to complete.