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| Section | Weight | Objectives |
|---|
| Topic 1: Supply Chain Financial Orchestration | 10% | - Monitor and troubleshoot flows
- 1. Resolve exceptions
- 2. Track transaction status
- Set up orchestration flows
- 1. Define business events
- 2. Configure financial rules
|
| Topic 2: Cost Accounting | 25% | - Set up Cost Accounting
- 1. Set up cost profiles
- 2. Configure cost components and elements
- 3. Define cost methods
- Process and analyze costs
- 1. Review cost distributions
- 2. Period-end valuation and close
- 3. Run cost processor
|
| Topic 3: Security and Inventory Configuration | 5% | - Configure inventory costing parameters
- 1. Organization costing options
- 2. Item cost attributes
- Set up access control
- 1. Define roles and data security
|
| Topic 4: Standard Cost Management | 15% | - Define and maintain standard costs
- 1. Create cost scenarios
- 2. Update and publish standard costs
- Analyze standard cost variances
- 1. Purchase price variance
- 2. Usage and rate variances
|
| Topic 5: Receipt Accounting | 20% | - Manage Receipt Accounting transactions
- 1. Analyze and reconcile accruals
- 2. Run period-end close
- Configure Receipt Accounting
- 1. Receipt accrual process
- 2. Accrue at period end
|
| Topic 6: Landed Cost Management | 15% | - Process landed cost transactions
- 1. Reconcile variances
- 2. Allocate charges
- Configure Landed Cost
- 1. Define charge types and rules
- 2. Set up estimated vs actual costs
|
| Topic 7: Subledger Accounting | 10% | - Review accounting entries
- 1. Transfer to General Ledger
- 2. Validate subledger journals
- Configure accounting rules
- 1. Account derivation rules
- 2. Journal line definitions
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q39-Q44):
NEW QUESTION # 39
Your client needs to import the relevant transactions and tax determinants for their expense items into Receipt Accounting. What is the correct sequence of processes to accomplish this?
- A. Transfer Costs to Cost Management, Transfer Transactions from Inventory to Costing
- B. Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing
- C. Transfer Transactions from Inventory to Costing, Transfer Costs to Cost Management
- D. Transfer Transactions from Receiving to Costing, Transfer Costs to Cost Management
- E. Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing
- F. Transfer Costs to Cost Management, Transfer Transactions from Receiving to Costing
Answer: D
Explanation:
Reference:
NEW QUESTION # 40
Identify four characteristics of a cost element.
- A. It is user-defined.
- B. Users can define any number of cost elements.
- C. It is the granularity at which costs are tracked and accounted.
- D. It uses date effectivity.
- E. The mapping of cost components into cost elements is user-defined.
- F. It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
Answer: A,D,E,F
Explanation:
Reference:
NEW QUESTION # 41
You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?
- A. It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.
- B. It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.
- C. It can help you understand true margins and value added by internal business units through the internal supply chain.
- D. It can help you with consolidated financial reporting.
- E. It is only used when you do not need to maintain an arm's length relationship.
Answer: A,C,D
Explanation:
Reference:
NEW QUESTION # 42
Identify four features provided by the Review Work Order Costs UI when displaying work order
- A. Variable Costs
- B. Output Costs
- C. Incremental Costs
- D. Standard Cost variances
- E. Scrap Costs
- F. Input Costs
Answer: B,D,E,F
Explanation:
Reference:
NEW QUESTION # 43
Identify two characteristics of an expense pool. (Choose two.)
- A. It is used only for analyzing gross margins on noninventory sales of services.
- B. It helps you analyze under-absorption and over-absorption of expenses that you want to capitalize onto the balance sheet as inventory value.
- C. You can define the name of your expense pool, but you cannot define more than one.
- D. It is a user-defined entity that represents a grouping of expenses that you want to absorb with resource and overhead rates.
Answer: B,D
Explanation:
Reference:
NEW QUESTION # 44
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