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| Section | Weight | Objectives |
|---|
| Topic 1: Subledger Accounting | 10% | - Configure accounting rules
- 1. Journal line definitions
- 2. Account derivation rules
- Review accounting entries
- 1. Transfer to General Ledger
- 2. Validate subledger journals
|
| Topic 2: Landed Cost Management | 15% | - Configure Landed Cost
- 1. Set up estimated vs actual costs
- 2. Define charge types and rules
- Process landed cost transactions
- 1. Reconcile variances
- 2. Allocate charges
|
| Topic 3: Supply Chain Financial Orchestration | 10% | - Set up orchestration flows
- 1. Define business events
- 2. Configure financial rules
- Monitor and troubleshoot flows
- 1. Resolve exceptions
- 2. Track transaction status
|
| Topic 4: Receipt Accounting | 20% | - Configure Receipt Accounting
- 1. Receipt accrual process
- 2. Accrue at period end
- Manage Receipt Accounting transactions
- 1. Run period-end close
- 2. Analyze and reconcile accruals
|
| Topic 5: Security and Inventory Configuration | 5% | - Set up access control
- 1. Define roles and data security
- Configure inventory costing parameters
- 1. Organization costing options
- 2. Item cost attributes
|
| Topic 6: Cost Accounting | 25% | - Process and analyze costs
- 1. Period-end valuation and close
- 2. Run cost processor
- 3. Review cost distributions
- Set up Cost Accounting
- 1. Define cost methods
- 2. Set up cost profiles
- 3. Configure cost components and elements
|
| Topic 7: Standard Cost Management | 15% | - Define and maintain standard costs
- 1. Create cost scenarios
- 2. Update and publish standard costs
- Analyze standard cost variances
- 1. Usage and rate variances
- 2. Purchase price variance
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q23-Q28):
NEW QUESTION # 23
How is the standard cost of a manufactured configured item calculated?
- A. It is based on the material and resource requirements of a released work order.
- B. It is based on the actual cost of the work order after it is completed.
- C. The standard cost is calculated for every possible combination of options under a model
- D. The standard cost of a model item is calculated.
Answer: D
Explanation:
Reference:
NEW QUESTION # 24
After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?
- A. Retro-reprice
- B. Adjustments
- C. Cost of Goods Sold
- D. Overhead
- E. In-transit
Answer: E
Explanation:
Cost Accounting Processor processes is consisted of Physical inventory transactions andTrade transactions. Trade Accounting Processor to process all in-transit transactions.
Reference:
NEW QUESTION # 25
A manager has decided to close the period by not allowing any new transactions, except for corrections and adjustments, which can happen any time before the period is closed permanently.
Which cost period status will allow the system to perform the transaction?
- A. Close Pending
- B. Permanently Closed
- C. Open
- D. Closed
- E. Never Opened
Answer: D
Explanation:
Reference:
NEW QUESTION # 26
Which two steps need to be completed to estimate landed costs?
- A. Update standard costs.
- B. Transfer transactions from the Inventory to the Costing process.
- C. Prepare the Material Purchase Order Data process.
- D. Allocate charges
- E. Transfer transactions from the Payables to the Costing process.
Answer: C,D
Explanation:
Reference:
NEW QUESTION # 27
You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?
- A. Routes
- B. Orders
- C. Charge Name
- D. Cost Scenario
- E. Trade Operation
Answer: E
Explanation:
Reference:
NEW QUESTION # 28
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