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Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. Which two outcomes can happen in create accounting when an account combination returned is end dated?

A) An error will always occur.
B) An alternate account will be used if provided.
C) Suspense accounts cannot be used.
D) The original account is stored on the journal line.
E) The preprocessor will pre-warn about this error.

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

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

3. You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?

A) Create Accounting.
B) Transfer costs to Cost Management.
C) Execute the Preprocessor.
D) Transfer transactions from Receiving to Costing.
E) Activate its journal entry rule set assignments.

4. Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

A) Receipt Accounting
B) Landed Cost Management
C) Inventory Management
D) Product Model
E) Cost Accounting

5. Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario

A) Work definitions with specific unit numbers
B) Work definitions without alternates
C) Work definitions with the highest production priority
D) Work definitions with the highest costing priority
E) Work definitions with the lowest production priority

Solutions: