Question 1

Your customer wants to run a report to review account balances for bothinventory valuation and cost of goods sold. Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

Options :

A :

Inventory Account Balances Report

B COGS Account Balances Report

B : Revenue and COGS Matching Report

C : Costing Balances Report

D : Inventory Valuation Report

Answer: A,C

Question 2

You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?

Options :

A : It is only used when you do not need to maintain an arm-s length relationship.

B :

It can help you understand true margins and value added by internal business units through the internal supply chain.

C : It can help you with consolidated financial reporting.

D :

It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.

E :

It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.

Answer: B,C,D

Question 3

Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories

that hold normal goods and one subinventory that holds returned goods. They want their normal goods

subinventories to be costed differently from their returned goods subinventory.

Which cost policy supports this requirement?

Options :

A :

Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization

B :

Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.

C :

Manually create one cost profile for the normal goods subinventories and one cost profile for the returnedgoods subinventory.

D :

Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory

E :

EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."

Answer: D

Question 4

Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new

year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One

work definition has an October l, 2015effective date. A second work definition has a December 1, 2015

effective date. A third work definition has a January 2, 2016 effective date.

How will the application select the work definition?

Options :

A : It will use the work definition with the January 2, 2016effective date.

B :

Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.

C : It must always use the work definition with the October 1, 2015 effective date.

D :

You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.

Answer: B

Question 5

Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

Options :

A : Business Unit and Cost Organization

B : Inventory Organization and Legal Entity

C : Business Unit and Legal Entity

D : Business Unit and Inventory Organization

E : Legal Entity and Cost Organization

F : Inventory Organization and Cost Organization

Answer: F

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