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Oracle Manufacturing Cloud 2024 Implementation Professional Sample Questions (Q46-Q51):

NEW QUESTION # 46
Which three are Cost accounting methods'

A. Periodic Actual Cost
B. Frozen Standard Cost
C. Perpetual Average Cost
D. Layer Cost, also known as "LIFO"
E. Actual Cost, also known as "FIFO"

Answer: B,C,E

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.
Reference:
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.
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.
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 # 47
Which statement is NOT true about cumulative lead time?

A. It calculates cumulative total lead times by rolling up lead times of make items and adding up lead time values of buy items.
B. It calculates cumulative manufacturing lead times by rolling up manufacturing lead times of make Items.
C. It updates the item's lead time attributes at the end of the calculation process: cumulative manufacturing and cumulative total lead times.
D. It updates lead time percent at the operation level in the work definition.

Answer: D

NEW QUESTION # 48
To help ensure compliance with the US Code of Federal Regulations (21 CFR Part 11), your client wants to enable audit trail for manufacturing work definitions and standard operations.
Which is NOT included in the audit trail for standard operations such as creation, update, and deletion?

A. Attachments at any level
B. Item structure component attributes referenced from Product Information Management(PIM)
C. Descriptive flexfields (OFFs) at any level
D. Operation resources. Including alternate resources
E. Work definition header and version attributes

Answer: B

NEW QUESTION # 49
Which three requirements are fulfilled by nonstandard work orders?

A. Rework
B. Rescheduling
C. Prototype
D. Repair

Answer: A,C,D

Explanation:
Nonstandard work orders in Oracle Manufacturing Cloud are used for specialized tasks that do not follow typical production processes. The following are the main requirements fulfilled by nonstandard work orders:
Repair: Nonstandard work orders can be used for maintenance and repair tasks to fix or refurbish defective or damaged items.
Rework: These work orders are also used for rework processes, where a product needs to be reprocessed to meet quality standards or specifications.
Prototype: Nonstandard work orders can handle prototype production, where items are produced in small quantities for testing and development before mass production.
Rescheduling (A) is typically handled by standard work orders in the production schedule rather than through nonstandard work orders.

NEW QUESTION # 50
Your client's company is in a regulated industries and must keep detailed records of their product manufacturing processes in accordance with the United States Food and Drug Administration (FDA) regulation on electronic records and signatures called 21 Code of Federal Regulations (CFR) Part 11.
You are implementing Oracle E-Signatures and E-Records for securely capturing, storing, retrieving, and printing electronic records and signatures in manufacturing. They enable Deferred Electronic Records and Electronic Signatures for Manufacturing Work Order Release in Oracle Manufacturing Cloud.
Which statement is NOT true about using Deferred Electronic Records and Electronic Signatures for Manufacturing Work Order Release?

A. If the e-record is rejected, you can optionally resubmit the rejected electronic records.
B. These capabilities are supported for discrete and process work orders.
C. Using a deferred approval process with notifications, the work order is held in "Released" status until the approvals are obtained.
D. It generates e-records on initial work order release through UI and sends notifications to approvers.

Answer: C

Explanation:
When implementing Oracle E-Signatures and E-Records for compliance with 21 CFR Part 11 in regulated industries like the pharmaceutical or food industries, certain processes govern how electronic records and signatures are managed for manufacturing work orders. The statement that is not true is:
Statement B is incorrect because when using deferred electronic records and signatures, the work order is not held in a "Released" status until approvals are obtained. Instead, the work order is placed in a "Pending Approval" state until signatures are collected and approval is granted. Only after approval does the work order move to a "Released" status.
Correct statements:
Statement A: E-records are generated at the time of work order release, and notifications are sent to approvers for review.
Statement C: Rejected e-records can be resubmitted for approval if necessary.
Statement D: These capabilities are supported for both discrete and process manufacturing work orders.

NEW QUESTION # 51
......

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Oracle Manufacturing Cloud 2024 Implementation Professional Sample Questions (Q46-Q51):

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