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                IIA-CIA-Part2 exam questions accompanied by exhibits
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                IIA-CIA-Part2 exam questions updated on regular basis 
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NEW QUESTION: 1
Select three reasons why you cannot close your Payables period.
A. suppliers on payment holds
B. unaccounted invoices and payments
C. open intercompany transactions
D. unapplied prepayments
E. bills payable requiring maturity
Answer: B,C,E
Explanation:
Explanation/Reference:
The types of exceptions reported are:
Unaccounted invoices
Unaccounted payment activity
Open intercompany transactions
Bills payable requiring maturity event and accounting
Incomplete payment process requests
Other exceptions
References: https://fusionhelp.oracle.com/helpPortal/topic/
TopicId_P_9DE8D32BDBE0FBADE040D30A688146CA
NEW QUESTION: 2
You have a bill of materials (BOM) item that has several components.
You specify the measurements of a BOM component.
You need to identify when the measurements of a BOM component are calculated.
What are two possible events that will cause the measurements to be calculated?
Each correct answer presents a complete solution.
A. When a calculation group is linked to the item of a BOM component
B. When a cost estimation is run in the production order
C. When a calculation is run on the BOM line
D. When a cost group is added to the costing sheet
Answer: A,C
NEW QUESTION: 3

Answer: 
Explanation:
Explanation
1