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Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. Identify two reference types used to tie a receipt trade operation to an expense invoice for landing.

A) Receipt number
B) Internal requisition number
C) Shipment number
D) Expense invoice number
E) Bill of Lading

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

3. You have an item with two work definitions. One work definition is production priority 1 and named Plan A.
Another work definition is production priority 2 and named Plan B.
In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B.
How will the application select the work definition?

A) While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
B) The cost planning scenario will use both work definitions for the item.
C) The application will use the work definition that is named Plan B.
D) The application will generate an error because there are two work definitions for the same item.
E) The scenario will choose the work definition that is production priority 1.

4. 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 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.
C) 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.
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.

5. Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
Which subject area would you select to create this report?

A) Receipt Accounting- Receipt Accounting Distributions Real Time
B) Receipt Accounting-- Receipt Accounting Transactions Real Time
C) Costing -Receipt Accounting Real Time
D) Financials-Subledger Accounting-Detail Transactions
E) Costing-Cost Accounting Real Time

Solutions: