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Oracle Cost Management Cloud 2022 Implementation Professional Sample Questions (Q91-Q96):

NEW QUESTION # 91
Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)

• A. Inventory Valuation
• B. Journal Entries
• C. Work Order Costs
• D. Purchase Variance Summary
• E. Cost Processing
• F. Item CostIdentify two reference types used to tie a receipt trade operation to an expense invoice for landing

Answer: A,E,F
NEW QUESTION # 92
Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

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

Answer: A
NEW QUESTION # 93
Identify four reasons to use the set ID when defining Cost Accounting setups. (Choose four)

• A. You don't have to create any definitions for cost books.
• B. You have the option to share setup data across all cost organizations using the common set.
• C. You cancontrol which definitions are visible to different cost organizations
• D. You can share definitions across multiple cost organizations.
• E. You can take advantage of the business unit-to-set ID mapping defined in Cost Accounting.
• F. You can streamline your setup effort.

Answer: B,D,E,F
NEW QUESTION # 94
Which two types of costs are included in the cost of contract manufactured items?

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

Answer: A,D
NEW QUESTION # 95
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 that have a mapping set to convert the accounts
• B. Rule sets assigned to a secondary ledger with a different COA
• C. Rulesets 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

Answer: B,D
NEW QUESTION # 96
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