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Saturday, June 12, 2010

Question no : 358 CO Internal Orders

TERP10 Unit 13 Management Accounting 

Which of the following statement in NOT TRUE regarding Internal Orders.

(Select ONE best answer)

A)   An internal order can be either real or statistical. 
B)   An internal order is extremely flexible as it can be used for tracing costs and in some cases revenues. 
C)   An internal order can be assigned as account assignment object to a Purchase Order. 
D)   An internal order's costs when finally completed have to be posted to a final destination such as an Asset. 
E)    An internal order only accepts secondary cost element posting as it is a process within the CO function. 

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