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Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

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

A) Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
B) The cost of the contract manufacturing service Item. This is the price that the contract
C) 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
D) The cost of resources consumed at the OEM's factory
E) 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

2. Which three tasks can be completed in the Receipt Accounting work area?

A) Create Accounting
B) Review and Approve Item Cost Profiles
C) Review Cost Accounting Distributions
D) Create Receipt Accounting Distributions
E) Manage Accrual Clearing Rules
F) Review Item Costs

3. Identify four features provided by the Review Work Order Costs UI when displaying work order

A) Scrap Costs
B) Incremental Costs
C) Output Costs
D) Input Costs
E) Standard Cost variances
F) Variable Costs

4. If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?

A) Rule sets assigned to a secondary ledger with a different COA
B) Rule sets that have a mapping set to convert the accounts
C) Rule sets that use the same chart of accounts
D) Rule sets where the accounting rules override the method rule set
E) Rule sets not associated with any chart of accounts

5. Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

A) Inventory
B) Shipping
C) Financial Orchestration
D) Purchasing
E) Order Management

Solutions: