ECONOMICS

COST ACCOUNTING

COST MANAGEMENT SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Your organization currently has the August period for this year open. They want to be able to open the September period, while keeping August open. When you try to open the target period, August of this year, you get an error. What must you do to meet your customer’s requirement and resolve this error?
A
Run the Transfer Transactions to Costing process.
B
Change the number of maximum open periods in Manage Cost Organization Relationships.
C
Close the August period; you can never have two open periods at the same time.
D
Perform cost account validations for August in Manage Cost Accounting Periods.
Explanation: 
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