Which two actions should you perform?

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.

View Answer

Answer: A,E