Infosys Certified Oracle Cost Management Cloud Consultant
Practice with real exam-pattern questions for Infosys Certified Oracle Cost Management Cloud Consultant. Each question includes a detailed explanation to help you understand the concept, not just memorise the answer. Try 10 questions free — no login required.
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Join Premium10 Infosys Certified Oracle Cost Management Cloud Consultant practice questions with answers
Real Lex exam-pattern multiple-choice questions for the Infosys Certified Oracle Cost Management Cloud Consultant certification. Each question includes the correct answer. The full question bank is available to Premium members.
- Question 1
What is the first step in defining the costing setups for the item which are using the standard costing method?
- ✓
Manage Cost Scenarios
Correct - B
Manage item cost update
- C
Manage Cost for the standard items
- D
Manage Overhead cost
- ✓
- Question 2
While defining a cost book by mistake you have assigned a wrong cost book to the cost organization and how can you solve this issue.
- ✓
end date and create new one
Correct - B
Delete / deactivate the cost book assignment to the cost org.
- C
we cannot make any change do fresh implementation.
- D
raise SR and ask Oracle Support for data fix.
- ✓
- Question 3
Select the different levels at which Cost can be derived using the Valuation Structure?
a. Cost Organization
b. Inventory Organization
c. Sub inventory
d. Lot
e. Serial
f. Lot and grade Level
g. Item
h. Item Revision
- ✓
a,b,c,d,e,f
Correct - B
a,b,c
- C
a only
- D
a,b,g
- ✓
- Question 4
Business had decided to have different cost for an item in different sub inventories then which validation structure type you will choose?
- ✓
cost_org_inv_org
Correct - B
costorg_invorg_subinvorg
- C
costorg_invorg_subinvorg_lot
- D
costorg_invorg_subinvorg_Grade
- ✓
- Question 5
A 15% mark up on the item cost is to be applied whenever stock is transferred from IO A to IO B. Where is such a setup need to be maintained?
- ✓
Manage Inter-organization parameters
Correct - B
Manage Intercompany relationships
- C
Manage Transfer Order Enrichment Rules
- D
Manage Transfer Pricing Rules
- ✓
- Question 6
What all scenarios are correct in linking Inventory org to the Cost Organization within a Business Unit?
a. One INV org to One Cost Org
b. More than One INV org to One Cost Org
c. One INV Org Linked to Many Cost Orgs
d. Many INV orgs linked to Many Cost Orgs
- ✓
a,b
Correct - B
a,b,d
- C
a,b,c
- D
All above
- ✓
- Question 7
Company has installed the OM and SCM modules without the Work definition so which of 2 inventory transaction will be not used
- ✓
Order Holds
Correct - B
Backflush Sub inventory transactions
- C
INV org transfer
- D
staging sub inventory
- ✓
- Question 8
Select the order of steps followed in movement request process flow
a. Create a Movement Request
b. Physically Move Material
c. Confirm Pick Slip
d. Run Print Movement Request Pick Slip Report
- ✓
a,b,c,d
Correct - B
a,d,b,c
- C
a,c,b,d
- D
a,b,d,c
- ✓
- Question 9
who will be the owing party of the inventory in the Consigned Sub Inventory
- ✓
Supplier
Correct - B
Buyer
- C
Inventory Org
- D
Business unit in which Consigned Sub inventory is hold
- ✓
- Question 10
Cost Methods Supported in Fusion Costing R11?
a. Standard
b. Actual(FIFO)
c. Actual (FIFO & LIFO)
d. Perpetual Average
e. Actual (LIFO)
- ✓
a,c,d
Correct - B
a,b,e,d
- C
c,d
- D
a,d
- ✓
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