Question no : 467 CO - Internal Orders Concepts

TERP10 Quiz Unit 13 Management Accounting

Which of the following statements are TRUE regarding Internal Orders ? 

I)      You can assign an Internal Order as an Accounting Assignment Object to a PO item.

II)     An Internal Order can be both real and statistical.

III)    It is a cost collector that can collect expenses incurred through multiple cost centers.

IV)    It is designed for the short-term duration of cost collection. 

A)      I, II.

B)      II, III.

C)      I, IV.

D)      I, II, III.

E)      I, II, III, IV.

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