COMBINE morsels, cranberry sauce and cream in medium, heavy-duty saucepan. Cook over medium-low heat until sauce is smooth, whisking frequently. Remove from heat. Pour into glass or plastic bowl; cover with plastic wrap. Let stand at room temperature to thicken.
COMBINE cocoa and 1 1/2 tablespoons powdered sugar on small plate. Scoop out rounded teaspoonful of chocolate mixture; roll in cocoa mixture, coating thoroughly. Dust hands with powdered sugar. Roll truffle in hands to form a 1-inch ball. Continue forming truffles with remaining chocolate mixture. Cover; refrigerate until ready to serve.
Recipe and photo courtesy of Ocean Spray Cranberries, Inc.