Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?

Expense destination transfers are expensed upon delivery hitting an expense account instead of an inventory asset account as would be the case for inventory destination transfers.

If the receipt is not required Cost Accounting will pick up both the issue and receipt activity from the single inventory transaction “Transfer Order Issue”

If the receipt is required, the accounting of the receipt delivery transaction will happen only on Receipt Accounting because there will not be a delivery transaction in inventory.

Costs for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.

Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.