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| Section | Objectives |
|---|---|
| Topic 1: Setup and Configuration | - Inventory valuation and accounting setup - Cost organization and cost book setup - Subledger accounting configuration |
| Topic 2: Cost Management Overview | - Costing methods and principles - Cost accounting concepts in Oracle Cloud |
| Topic 3: Integration with Oracle Cloud Applications | - Integration with Financials and Subledger Accounting - Integration with Inventory and Manufacturing |
| Topic 4: Cost Analysis and Reporting | - Cost reconciliation and variance analysis - Cost reports and inquiries |
| Topic 5: Cost Processing | - Material cost accounting - Cost distribution and adjustments - Resource and overhead costing |
You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?
Correct Answer: B,C 🗳️
Which two outcomes can happen in create accounting when an account combination returned is end dated?
Correct Answer: B,C 🗳️
Explanation: Only visible for TestPDF members. You can sign-up / login (it's free).
After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?
Correct Answer: D 🗳️
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An invoice is created in a foreign currency. The invoice is not paid until several weeks later. By then, the currency conversion rate has changed.
How do you get the journal line rule to calculate the gain or loss?
Correct Answer: C 🗳️
Explanation: Only visible for TestPDF members. You can sign-up / login (it's free).
Which four statements describe what is unique about Cost Accounting for items received into inventory as consigned?
Correct Answer: B,C,D,E 🗳️
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