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| Section | Objectives |
|---|---|
| Integration with Oracle Cloud Applications | - Integration with Inventory and Manufacturing - Integration with Financials and Subledger Accounting |
| Cost Management Overview | - Cost accounting concepts in Oracle Cloud - Costing methods and principles |
| Setup and Configuration | - Cost organization and cost book setup - Subledger accounting configuration - Inventory valuation and accounting setup |
| Cost Analysis and Reporting | - Cost reports and inquiries - Cost reconciliation and variance analysis |
| Cost Processing | - Material cost accounting - Resource and overhead costing - Cost distribution and adjustments |
You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?
Correct Answer: D 🗳️
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Identify two characteristics of Landed Cost charge names.
Correct Answer: B,E 🗳️
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After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?
Correct Answer: A 🗳️
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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?
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Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
How do you accomplish this?
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