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Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. 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) Charge Names
C) PreReference Types
D) Routes
E) Trade Operation Template

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

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

3. Identify four processors available in the cost processor.

A) Costing Period Processor
B) Cost of Goods Sold Processor
C) Cost Accounting Processor
D) Cost Distribution Processor
E) Cost Reports Processor
F) Receipt Processor

4. Your client needs to import the relevant transactions and tax determinants for their expense items into Receipt Accounting. What is the correct sequence of processes to accomplish this?

A) Transfer Transactions from Inventory to Costing, Transfer Costs to Cost Management
B) Transfer Costs to Cost Management, Transfer Transactions from Inventory to Costing
C) Transfer Costs to Cost Management, Transfer Transactions from Receiving to Costing
D) Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing
E) Transfer Transactions from Receiving to Costing, Transfer Costs to Cost Management
F) Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing

5. Which two rules determine whether a condition has been met for accounting rules?

A) After all conditions are tested, the final resulting value is used.
B) The conditions are evaluated in the sequence they are defined in the accounting rule.
C) Priorities determine the order in which accounting rule conditions are examined.
D) Use parenthesis to control the order of the condition evaluation.
E) When the condition is met, the rule associated with that priority is used.

Solutions: