Check your knowledge

Completed

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

1.

Which one of the following statements about cost centers is true?

The list of cost centers should be identical to the list of dimension values of the cost center dimension.

Cost centers can be mapped to dimension values of multiple dimensions.

You can only sort the list of cost centers alphabetically.

You can manually create cost centers, independent of the general ledger.

2.

There are three ways to create cost objects. Which of the following is one of them?

On the Dimension Value page of the cost object dimension, select the Create Cost Object field.

From the chart of cost objects, select Get Cost Objects from Dimension to transfer dimension values to the chart of cost objects.

On the General Ledger Setup page, enable the Align Cost Object Dimension field.

From the Dimensions page, run the Update Cost Accounting function.

You must answer all questions before checking your work.