Identify four characteristics of a cost element.

• A.It uses date effectivity.
• B.Users can define any number of cost elements.
• C.The mapping of cost components into cost elements is user-defined.
• D.It is the granularity at which costs are tracked and accounted.
• E.It is user-defined.
• F.It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.

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Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?

• A.Accrual Supplier Liability Report
• B.Accrual Reconciliation Report
• C.Accrual Clearing Report
• D.Uninvoiced Receipt Accrual Report
• E.Receipt Accounting Real Time Report

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Which statement is true regarding the cost cutoff date in Cost Accounting?

• A.Transactions with a transaction date after the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is later than the transaction date.
• B.Transactions with a transaction date after the cost cutoff date will not be processed. These transactions will never be processed in any subsequent cost processor run.
• C.It only affects whether or not you can process a cost adjustment.
• D.Transactions with a transaction date before the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is before the transaction date.

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Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)

• A.Layer Inventory Valuation Report
• B.In-transit Valuation Report
• C.Work in Process Inventory Valuation Report
• D.COGS and Revenue Matching Report
• E.Costing Account Balances Report
• F.Cost Accounting Valuation Report
• G.Inventory Valuation Report

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Identify three characteristics of cost component to cost element mapping.

• A.You cannot modify, duplicate, or create user-defined cost components.
• B.You can only define one cost component to cost element mapping for an installation.
• C.It is one of the attributes you define as part of your cost profile definitions.
• D.It is user-defined.
• E.It lets you define how cost component level costs will map into cost elements.

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