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Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. You can track costs at what granularity level in Cost Accounting for the actual costing method?

A) Subinventory, Make, Lot, Serial
B) Grade, Subinventory, Locator, Serial
C) Subinventory. Lot, Serial, Grade
D) Subinventory, Lot, Serial, Locator
E) Grade, Serial, Group, Lot


2. The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?

A) Material Receipts
B) Trade Operation Template
C) Charge Names
D) Routes
E) PreReference Types


3. Landed Cost Variance Analysis can be performed based on which three dimension combinations?

A) Item Category/Material Supplier/Landed Cost Charge
B) Inventory Organization/Landed Cost Charge/Third Party Supplier
C) Business Unit/Landed Cost Charge/Cost Organization
D) Item Catalog/Inventory Organization/Business Unit
E) Item/Business Unit/Route


4. You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?

A) Trade Operation Templates
B) Charge Name
C) Routes
D) Trade Operation
E) Reference Types


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

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


Solutions:

Question # 1
Answer: C
Question # 2
Answer: E
Question # 3
Answer: D
Question # 4
Answer: B
Question # 5
Answer: A,D

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