Oatmeal Cake,Also known as a Lazy Daisy Cake, this Oatmeal Cake recipe is a keeper.This cake is pretty sweet with two cups of sugar (plus what’s in the icing), but it’s deliciously moist and gooey. Add an evaporated milk, pecan and coconut frosting (borrowed from a German Chocolate Cake), and this is a super-easy, budget-friendly cake recipe that will please the masses for sure.