You need to set up financial components for the new items. Which two actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
A.
Assign items to a FIFO item model group.
B.
Assign the raw materials to a standard cost item model group. Assign finished goods to a FIFO item model group.
C.
Create item model groups for raw materials and finished goods by using different ledger accounts. Assign items to these groups.
D.
Assign raw materials to a standard cost item group. Assign finished goods to a FIFO item group.
E.
Create item groups for raw materials and finished goods by using different ledger accounts. Assign items to these groups.
"Implement FIFO inventory valuation methods" -> use one Item Model Group -> Answer A
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1 year agoUltimate_Pickle
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