Knowledge quiz

It's time to put what you've learned to the test, get 3 right to pass this unit.

1.

You are preparing to eliminate intercompany profit in inventory. You have determined that the statistical FS item IPI_GV_M is used to record the inventory value for purposes of the elimination and that the real inventory value is recorded in FS item 131200 Merchandise.

Choose the correct answer.
2.

You are setting up the reclassification method to eliminate profit in inventory. Percent f. Partner and Additional Characteristics for Comparison are settings that are unique to this type of elimination.

Choose the correct answer.
3.

You are evaluating the profit in inventory elimination method. It is only necessary to eliminate intercompany profit in inventory if the goods have been sold to a third party.

Choose the correct answer.

Learning

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