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Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. Identify two characteristics of Landed Cost charge names.

A) Charge names cannot be used to tie an invoice to a trade operation.
B) Duty is a seeded charge name for Landed Cost.
C) You can use multiple currencies within a trade operation for the same charge name on different lines.
D) Charge names cannot be associated with a PO schedule.
E) You can modify a charge name until it is associated with a trade operation.

2. How is the standard cost of a manufactured configured item calculated?

A) It is based on the actual cost of the work order after it is completed.
B) The standard cost is calculated for every possible combination of options under a model
C) It is based on the material and resource requirements of a released work order.
D) The standard cost of a model item is calculated.

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

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

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

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

Solutions: