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| Section | Weight | Objectives |
|---|
| Topic 1: Security and Inventory Configuration | 5% | - Configure inventory costing parameters
- 1. Item cost attributes
- 2. Organization costing options
- Set up access control
- 1. Define roles and data security
|
| Topic 2: Landed Cost Management | 15% | - Process landed cost transactions
- 1. Reconcile variances
- 2. Allocate charges
- Configure Landed Cost
- 1. Set up estimated vs actual costs
- 2. Define charge types and rules
|
| Topic 3: Supply Chain Financial Orchestration | 10% | - Monitor and troubleshoot flows
- 1. Track transaction status
- 2. Resolve exceptions
- Set up orchestration flows
- 1. Configure financial rules
- 2. Define business events
|
| Topic 4: Cost Accounting | 25% | - Set up Cost Accounting
- 1. Define cost methods
- 2. Configure cost components and elements
- 3. Set up cost profiles
- Process and analyze costs
- 1. Review cost distributions
- 2. Period-end valuation and close
- 3. Run cost processor
|
| Topic 5: Standard Cost Management | 15% | - Define and maintain standard costs
- 1. Update and publish standard costs
- 2. Create cost scenarios
- Analyze standard cost variances
- 1. Usage and rate variances
- 2. Purchase price variance
|
| Topic 6: 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 7: Receipt Accounting | 20% | - Manage Receipt Accounting transactions
- 1. Run period-end close
- 2. Analyze and reconcile accruals
- Configure Receipt Accounting
- 1. Receipt accrual process
- 2. Accrue at period end
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q48-Q53):
NEW QUESTION # 48
You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assembly shows "0" cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
Identify two reasons this happened.
- A. The Work Definition is incomplete.
- B. The item has no on-hand inventory.
- C. Burdens have not been established for the item
- D. Outstanding purchase orders have not been received.
- E. The assembly item is marked as Perpetual Average costed.
Answer: A,E
Explanation:
Reference:
NEW QUESTION # 49
Which two outcomes can happen in create accounting when an account combination returned is end dated?
- A. An error will always occur.
- B. An alternate account will be used if provided.
- C. The preprocessor will pre-warn about this error.
- D. Suspense accounts cannot be used.
- E. The original account is stored on the journal line.
Answer: B,E
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/financials/18b/faisl/subledger-accounting-setup.html#FAISL212668
NEW QUESTION # 50
Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
Which subject area would you select to create this report?
- A. Costing-Cost Accounting Real Time
- B. Receipt Accounting-- Receipt Accounting Transactions Real Time
- C. Financials-Subledger Accounting-Detail Transactions
- D. Receipt Accounting- Receipt Accounting Distributions Real Time
- E. Costing -Receipt Accounting Real Time
Answer: C
Explanation:
Reference:
NEW QUESTION # 51
When running the Transfer Costs to Cost Management process, where will the primary default source for costs come from and what is the effect?
- A. Purchase order costs; item catalog costs can be used.
- B. Payables invoices; invoice price variance can be added to item cost.
- C. Requisition costs; validated costs can be used.
- D. Receipt costs; costs include adjustments.
- E. Receivables invoices; actual cost can be used.
Answer: B
Explanation:
Reference:
NEW QUESTION # 52
Identify three characteristics of cost component to cost element mapping.
- A. You can only define one cost component to cost element mapping for an installation.
- B. It is user-defined.
- C. You cannot modify, duplicate, or create user-defined cost components.
- D. It lets you define how cost component level costs will map into cost elements.
- E. It is one of the attributes you define as part of your cost profile definitions.
Answer: B,D,E
Explanation:
Reference:
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_9392D04E277B3B45E040D30A68817A96
NEW QUESTION # 53
......
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