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Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:
1. Which statement is true regarding the cost cutoff date in Cost Accounting?
A) It only affects whether or not you can process a cost adjustment.
B) Transactions with a transaction date after the cost cutoff date will not be processed. These transactions will never be processed in any subsequent cost processor run.
C) Transactions with a transaction date before the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is before the transaction date.
D) Transactions with a transaction date after the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is later than the transaction date.
2. Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?
A) Event Class: Expense Accrual Event Type: Period End Accrual
B) Event Class: Expense Accrual Event Type: Expense Accrual
C) Event Class: Period End Accrual Event Type: Period End Accrual
D) Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
E) Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual
3. Landed Cost Variance Analysis can be performed based on which three dimension combinations?
A) Item/Business Unit/Route
B) Item Category/Material Supplier/Landed Cost Charge
C) Item Catalog/Inventory Organization/Business Unit
D) Inventory Organization/Landed Cost Charge/Third Party Supplier
E) Business Unit/Landed Cost Charge/Cost Organization
4. Identify four features provided by the Review Work Order Costs UI when displaying work order
A) Output Costs
B) Incremental Costs
C) Variable Costs
D) Input Costs
E) Standard Cost variances
F) Scrap Costs
5. The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?
A) Charge Names
B) PreReference Types
C) Trade Operation Template
D) Routes
E) Material Receipts
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: A,D,E,F | Question # 5 Answer: B |
