Check your knowledge

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Answer the following questions to see what you've learned.

1.

Which of the following is true about Cost Budgets?

Users can transfer budgeted costs to actual costs.

Users can copy the cost budget to the item budget or copy the item budget to the cost budget.

Users can copy G/L entries to Cost Budgets.

Users should assign a cost center and cost object to each cost budget entry.

2.

How can you create a financial report that uses cost entries as a source?

In the Totaling Type field of a row definition line, select Cost Type or Cost Type Total.

On the Column Definition page, in the Ledger Entry Type field, select Cost Entries.

On the Row Definition page, by selecting a dimension value for the cost center dimension and/or cost object dimension, cost entries are automatically used as a source.

On the Column Definition page, by selecting a dimension value for the cost center dimension and/or cost object dimension, cost entries are automatically used as a source.

You must answer all questions before checking your work.