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Oracle Cost Management Cloud 2022 Implementation Professional

Last Update Dec 1, 2023
Total Questions : 79

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Oracle Cost Management Cloud 2022 Implementation Professional Questions and Answers

Questions 1

You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?

Options:

A.

It is only used when you do not need to maintain an arm's length relationship.

B.

It can help you understand true margins and value added by internal business units through the internal supply chain.

C.

It can help you with consolidated financial reporting.

D.

It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.

E.

It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.

Questions 2

Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)

Options:

A.

Purchase Variance Summary

B.

Journal Entries

C.

Item CostIdentify two reference types used to tie a receipt trade operation to an expense invoice for landing

D.

Cost Processing

E.

Work Order Costs

F.

Inventory Valuation

Questions 3

You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?

Options:

A.

Orders

B.

Cost Scenario

C.

Charge Name

D.

Routes

E.

Trade Operation

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