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Oracle Cost Management Cloud 2022 Implementation Professional Questions and Answers

Question 1

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

Options:

A.

It is based on the material and resource requirements of a released work order.

B.

The standard cost of a model item is calculated.

C.

The standard cost is calculated for every possible combination of options under a model

D.

It is based on the actual cost of the work order after it is completed.

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Question 2

After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?

Options:

A.

In-transit

B.

Retro-reprice

C.

Adjustments

D.

Overhead

E.

Cost of Goods Sold

Question 3

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

Options:

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 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

C.

The cost of resources consumed at the OEM's factory

D.

The cost of the contract manufacturing service Item. This is the price that the contract

E.

Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.