Which two are true about the key accounts in the Procure to Pay process? (Choose two.)
A.
The Receiving account is used to record the current balance of material in receiving and inspection.
B.
The Invoice Price Variance account is used to record differences between the invoice price and the
average cost.
C.
The Expense AP Accrual account is used to accrue payable liabilities when you receive items you will
capitalize as inventory.
D.
The Purchase Price Variance account is used to record differences between the purchase order line
price and the average cost.
E.
The Exchange Rate Gain or Loss account is used to record differences between the exchange rate
used for the purchase order and the exchange rate used for the invoice.