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Question ID 8310

Which table stores the categories assigned to a system item?

Option A

MTL_CATEGORIES_B

Option B

MTL_CATEGORIES_TL

Option C

MTL_ITEM_CATEGORIES

Option D

FND_ITEM_CATEGORIES

Correct Answer C
Explanation


Question ID 8311

Consider the following scenario for inventory item B. 1) Standard Cost: $10 2) Purchase Order Line Quantity: 100; Purchase Order Line Price: $12 3) Match Approval Level: Three-Way Matching; Receipt Routing: Direct Delivery 4) Received Quantity: 40 5) Invoice Price: $14; Invoiced Quantity: 20 Which option describes the effect on different accounts correctly?

Option A

Debit Material Account $480; Credit Inventory AP Accrual Account $240; Debit Invoice Price Variance Account $40; Debit Purchase Price Variance Account $0; Credit AP Liability Account $280

Option B

Debit Material Account $400; Credit Inventory AP Accrual Account $240; Debit Invoice Price Variance Account $40; Debit Purchase Price Variance Account $80; Credit AP Liability Account $280

Option C

Debit Material Account $400 ; Credit Inventory AP Accrual Account $240; Debit Invoice Price Variance Account $80; Debit Purchase Price Variance Account $40; Credit AP Liability Account $280

Option D

Credit Material Account $400; Debit Inventory AP Accrual Account $240; Credit Invoice Price Variance Account $40; Credit Purchase Price Variance Account $80; Debit AP Liability Account $280

Correct Answer B
Explanation

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