ECONOMICS

COST ACCOUNTING

COST MANAGEMENT SYSTEMS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?

A	Charge Name
B	Reference Types
C	Trade Operation Templates
D	Routes
E	Trade Operation

Explanation:

Detailed explanation-1: -Setting up shipment line types is a mandatory step before you can use Landed Cost Management. Shipment line type is a mandatory attribute of all shipment lines on a Landed Cost Management shipment. It provides a shipment line categorization and also drives the landed cost calculation behavior.

Detailed explanation-2: -Oracle Landed Cost Management (LCM) gives organizations financial. visibility into their extended supply chain costs, including transportation and. handling fees, insurance, duties and taxes.

Detailed explanation-3: -Landed Cost Management as a service: This process is actuated after the receipt of the item into the inventory. Here we do create and match the invoices against those receipts, this price information is used to calculate the actual landed costs for the item.

There is 1 question to complete.