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| Section | Objectives |
|---|---|
| Costing and Inventory Integration | - Cost Management Integration - Inventory Transactions |
| Work Definition and Planning | - Items, Structures, and Routings - Work Definitions and Versions |
| Manufacturing Cloud Fundamentals | - Core Manufacturing Processes - Oracle Manufacturing Cloud Overview |
| Work Execution Management | - Exception and Exception Handling - Shop Floor Control - Production Execution |
| Reporting and Analytics | - Manufacturing Reports - OTBI and Dashboards |
| Quality and Inspection | - Quality Inspection Integration - Nonconformance Management |
| Supply Chain Integration | - Procurement and Fulfillment Alignment - Planning Integration |
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NEW QUESTION # 51
Which three are Cost accounting methods '
Answer: A,C,D
Explanation:
Oracle Manufacturing Cloud supports multiple cost accounting methods to help organizations track the cost of their goods and inventory effectively. Below is an explanation of the correct answers:
* Statement A : Perpetual Average Cost - This is a commonly used method in Oracle Cloud where the system continuously updates the average cost of an item with each receipt or transaction. This method is useful for organizations that need to track the moving average cost of goods in real-time.
Oracle SCM Cloud Cost Management Guide explains how Perpetual Average Cost is maintained and updated across transactions.
Statement C : Frozen Standard Cost - This method involves predefining a standard cost for each item at the beginning of a financial period. The cost remains " frozen " throughout the period, and variances between the actual cost and the standard cost are tracked and analyzed separately.
Reference : Oracle Costing Methods documentation specifies that the Frozen Standard Cost method is particularly useful for manufacturers who need stable cost inputs over a financial period.
Statement D : Actual Cost, also known as " FIFO " - The FIFO (First In, First Out) method records costs based on the order in which items are received. It is a type of actual costing where items are valued based on the specific costs of the earliest received inventory. Oracle Cloud supports FIFO as part of its actual costing methods.
Reference : Oracle Cost Accounting documentation details the use of FIFO for tracking actual costs in a layered costing approach.
Incorrect Statements:
Statement B : Layer Cost, also known as " LIFO " - Oracle Cloud does not natively support LIFO (Last In, First Out) as a cost method due to accounting and regulatory restrictions in various regions. LIFO is generally not used in the system as a standard method.
Statement E : Periodic Actual Cost - While there is a method called Periodic Average Cost, Periodic Actual Cost is not typically listed as a standard costing method in Oracle Cloud.
NEW QUESTION # 52
Your customer runs production 24 x 7 x 365 and wants to track Overall Equipment Effectiveness (OEE) online.
Which key setup can they use to achieve this?
Answer: C
Explanation:
To track Overall Equipment Effectiveness (OEE) in real-time, Oracle Manufacturing Cloud can integrate with IoT solutions. The correct setup involves:
* Enabling IoT Production Monitoring and turning on synchronization to IoT Production Monitoring in the Inventory Organization . This allows real-time data from the shop floor to be captured, processed, and used to monitor equipment effectiveness, performance, and availability.
Incorrect options:
* IoT Fleet Monitoring (A) and IoT Asset Monitoring (B, D) focus on tracking assets and fleets, which are more relevant for logistics or asset management, not production monitoring for OEE.
Oracle Cloud documentation on IoT Production Monitoring details how to set up the system to track OEE and integrate production data with IoT capabilities.
NEW QUESTION # 53
Which three statements are true about the main areas of Managerial Accounting?
Answer: A,B,D
Explanation:
In Oracle Manufacturing Cloud and related financial applications, managerial accounting plays a significant role in tracking and managing costs across supply chain and manufacturing activities. The following is a breakdown of the correct statements:
* Statement A : Receipt Accounting is the application that performs accrual accounting for all types of receipts - Receipt Accounting is a crucial module in Oracle Cloud that supports the tracking of costs and performs accruals related to receipts. This includes processes such as procurement receipts, interorganization transfers, and supplier shipments. This allows organizations to recognize and account for the expenses associated with these receipts.
Oracle Cloud SCM Documentation for Receipt Accounting outlines how the system manages accruals and matches them with purchase orders and invoices.
Statement B : Landed Cost Management gives organizations financial visibility into their extended supply chain costs - Landed Cost Management is designed to capture additional costs that arise during the transportation, handling, and processing of goods. This includes costs like shipping, insurance, and customs duties. By including these in the overall cost, it provides a more comprehensive view of the actual costs of goods in the supply chain.
Reference : Oracle Fusion SCM Guide, " Landed Cost Management, " describes how it aggregates various indirect supply chain costs to give better financial visibility.
Statement D : Cost method can be defined with granularity down to individual items - In Oracle Manufacturing Cloud, costing methods can be assigned not only at the organization level but also at a granular level down to individual items. This provides flexibility in defining different costing strategies for different products depending on their nature, manufacturing process, or market conditions.
Reference : Oracle Manufacturing Cloud User Guide explains the flexibility in configuring cost methods at different organizational and item-specific levels.
Incorrect Statements:
Statement C : Supply Chain Orchestration automatically selects the correct process based on user-defined Subledger Accounting rules when a supply creation is initiated - While Supply Chain Orchestration automates various supply chain processes, it does not select processes based on Subledger Accounting rules.
The orchestration system is more focused on managing and coordinating supply chain processes rather than determining accounting rules.
NEW QUESTION # 54
A manufacturing plant works in two shifts of eight hours each. A Manufacturing user wants four units of a work center resource, R1, to be available during nonworking time, outside the regular shift on a particular day.
Which is the correct sequence of steps to create a resource exception on the Manage Work Center Resource Calendar page?
Answer: B
Explanation:
In Oracle Manufacturing Cloud, to make a resource (R1) available outside the regular shift for a specific day, you need to create a resource exception . This allows you to override the default shift schedule and make additional units of the resource available.
* Click outside the existing shift time ensures that the exception applies to non-working hours.
* Select Create Resource Exception from the Actions menu to initiate the exception.
* Populate the Start and Duration fields to define the non-working period during which the resource will be available.
* Enter 4 units in the Availability Override column to ensure that 4 units of resource R1 are made available for use during the exception period.
Oracle Manufacturing Cloud guide on managing resource calendars explains how to override shift availability using the resource exception functionality to schedule resources outside of normal working hours.
NEW QUESTION # 55
Your client is planning to override the Plant Production Calendar with One or More Date-Effective Work Center Calendars. You need to explain the consideration when using the Override the Plant Production Calendar with One or More Date-Effective Work Center Calendars feature.
Which three statements are true when overriding the production calendar?
Answer: A,B,C
Explanation:
Overriding the plant production calendar with date-effective work center calendars provides flexibility in scheduling specific work centers with different operating hours. However, certain aspects of production planning and execution remain tied to the plant-level calendar. Here are the details:
* Statement A : The Work Execution Work Area Infolets and Manage Production Exceptions page are based on the plant calendar and not on work center calendars - Even when work centers have their own calendars, the high-level overview and exception reporting remain based on the plant calendar.
* Statement C : Lead time calculation in days for an item remains based on the plant calendar - Lead times are calculated using the plant calendar, regardless of work center-specific calendars, ensuring consistency in planning.
* Statement D : Search actions in the Review Dispatch List page query operations based on the plant calendar shifts when multiple work centers are selected - For consistency in dispatching, the system references the plant calendar when shift-based search parameters are used across multiple work centers.
Incorrect Statements:
* Statement B : Date-effective ranges for work center calendars should not overlap for accuracy in scheduling.
* Statement E : Supplier operations in outside processing generally rely on the plant calendar for consistency unless explicitly configured otherwise.
Oracle Manufacturing Cloud documentation on " Calendar Overrides " explains how plant and work center calendars interact and the impact on work execution, scheduling, and reporting
NEW QUESTION # 56
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