Identify two characteristics of a cost profile. (Choose two.)

Correct Answer for the Question – Identify two characteristics of a cost profile. (Choose two.) is given below

Identify two characteristics of a cost profile. (Choose two.)

It is used for Receipt Accounting.

It is used for calculating the estimated cost of manufactured items under different scenarios.

It is where you define your Cost Accounting policies.

It is where you define which cost method you want to use for the cost component to cost element mapping.

Correct Answer

The Correct Answer for this Question is

It is where you define your Cost Accounting policies.
It is where you define which cost method you want to use for the cost component to cost element mapping.

Explanation

The Question – Identify two characteristics of a cost profile. (Choose two.) has been answered correctly and answers for the question is It is where you define your Cost Accounting policies.
It is where you define which cost method you want to use for the cost component to cost element mapping.

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