Your customer wants to run a report to review account balances for inventory valuation and cost of goods sold. Which two reports should you run?

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The choice to run the Revenue and COGS Matching Report along with the Inventory Valuation Report is fitting for the customer's request to review account balances related to inventory valuation and cost of goods sold.

The Revenue and COGS Matching Report specifically focuses on providing a clear overview of revenue generated alongside the associated cost of goods sold. This report is crucial for analyzing the profitability of sold inventory, ensuring that your customer understands how much profit was made or lost based on their sales and inventory costs.

The Inventory Valuation Report complements this by detailing the financial value of the inventory on hand at a given point in time. It helps the customer assess the worth of their inventory, which is essential for accurate financial reporting and inventory management. Together, these reports offer a comprehensive view of both inventory value and the costs associated with products sold, aligning perfectly with the customer's needs.

The other reports listed do not directly focus on matching cost of goods sold with revenue or provide a precise valuation of inventory. While they may contain useful information regarding transactions, purchases, or sales, they do not specifically fulfill the requirement to review account balances for inventory valuation and cost of goods sold as effectively as the chosen reports.

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