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Oracle Cost Management Cloud 2023 Implementation Professional

Last Update Apr 26, 2024
Total Questions : 79

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Oracle Cost Management Cloud 2023 Implementation Professional Questions and Answers

Questions 1

You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.

What do you need to do for your receipt to show up?

Options:

A.

Run the Transactions from Procurement to Costing process.

B.

Run the Transfer Costs from Payables to Cost Management process.

C.

Run the Create Accounting process.

D.

Run the Clear Receipt Accrual Balances process.

E.

Run the Transactions from Receiving to Costing process.

Questions 2

Identify three characteristics of cost component to cost element mapping.

Options:

A.

You cannot modify, duplicate, or create user-defined cost components.

B.

You can only define one cost component to cost element mapping for an installation.

C.

It is one of the attributes you define as part of your cost profile definitions.

D.

It is user-defined.

E.

It lets you define how cost component level costs will map into cost elements.

Questions 3

Which two types of costs are included in the cost of contract manufactured items?

Options:

A.

The cost of Items that the contract manufacturer had to purchase to perform the contract manufacturing service, and the cost of resources used by the contract manufacturer

B.

The cost of items that the original equipment manufacturer (OEM) owns and has provided to the contract manufacturer for use in the process of making the output Items

C.

The cost of resources consumed at the OEM's factory

D.

The cost of the contract manufacturing service Item. This is the price that the contract

E.

Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.