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| Section | Objectives |
|---|
| Topic 1: Cost Management Overview | - Costing methods and principles - Cost accounting concepts in Oracle Cloud
|
| Topic 2: Setup and Configuration | - Subledger accounting configuration - Inventory valuation and accounting setup - Cost organization and cost book setup
|
| Topic 3: Cost Processing | - Resource and overhead costing - Material cost accounting - Cost distribution and adjustments
|
| Topic 4: Cost Analysis and Reporting | - Cost reconciliation and variance analysis - Cost reports and inquiries
|
| Topic 5: Integration with Oracle Cloud Applications | - Integration with Financials and Subledger Accounting - Integration with Inventory and Manufacturing
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q58-Q63):
NEW QUESTION # 58
You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work are a. Why can't you see this process?
- A. Purchase order information should not be imported into Receipt Accounting.
- B. You do not have the role to import purchase order information into Receipt Accounting.
- C. Purchase order information is automatically sent to Receipt Accounting using a real-time method
- D. This process can only be scheduled and run from the Receipt Accounting work area
- E. All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.
Answer: C
Explanation:
Reference:
NEW QUESTION # 59
Your client is using Quick Setup to implement Costing. They have a requirement to track costs for manufacturing overhead. How can you make sure that this requirement is met?
- A. Create the cost in Manage Cost Scenarios.
- B. Complete Quick Setup and then create the user-defined cost using the Manage Cost Component task.
- C. This requirement will already be met by the default data generated when using Quick Setup.
- D. You can only track costs for Direct Labor and Direct Equipment; this requirement cannot be met.
Answer: C
Explanation:
Reference:
NEW QUESTION # 60
Identify three characteristics of cost component to cost element mapping.
- A. It is user-defined.
- B. It lets you define how cost component level costs will map into cost elements.
- C. You cannot modify, duplicate, or create user-defined cost components.
- D. It is one of the attributes you define as part of your cost profile definitions.
- E. You can only define one cost component to cost element mapping for an installation.
Answer: A,B,D
Explanation:
Reference:
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_9392D04E277B3B45E040D30A68817A96
NEW QUESTION # 61
Which three features are included in Receipt Accounting?
- A. Create Receipt Accounting Distribution
- B. Review Item Costs
- C. Adjust Receipt Accrual Clearing Balances
- D. Review Journal Entries
- E. Analyze Standard Purchase Cost Variances
Answer: A,C,D
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/faims/implementing-receipt-accounting.html#FAIMS1921270
NEW QUESTION # 62
Your organization currently has the August period for this year open. They want to be able to open the September period, while keeping August open. When you try to open the target period, August of this year, you get an error.
What must you do to meet your customer's requirement and resolve this error?
- A. Run the Transfer Transactions to Costing process.
- B. Perform cost account validations for August in Manage Cost Accounting Periods
- C. Change the number of maximum open periods in Manage Cost Organization Relationships
- D. Close the August period; you can never have two open periods at the same time.
Answer: C
Explanation:
Reference:
NEW QUESTION # 63
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