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| Section | Objectives |
|---|
| Topic 1: Cost Processing | - Cost distribution and adjustments - Resource and overhead costing - Material cost accounting
|
| Topic 2: Setup and Configuration | - Cost organization and cost book setup - Inventory valuation and accounting setup - Subledger accounting configuration
|
| Topic 3: Cost Analysis and Reporting | - Cost reports and inquiries - Cost reconciliation and variance analysis
|
| Topic 4: Cost Management Overview | - Costing methods and principles - Cost accounting concepts in Oracle Cloud
|
| Topic 5: Integration with Oracle Cloud Applications | - Integration with Inventory and Manufacturing - Integration with Financials and Subledger Accounting
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q48-Q53):
NEW QUESTION # 48
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. The standard cost is calculated for every possible combination of options under a model
- C. It is based on the actual cost of the work order after it is completed.
- D. The standard cost of a model item is calculated.
Answer: D
Explanation:
Reference:
NEW QUESTION # 49
After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?
- A. Retro-reprice
- B. In-transit
- C. Adjustments
- D. Overhead
- E. Cost of Goods Sold
Answer: B
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 # 50
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. Perform cost account validations for August in Manage Cost Accounting Periods
- B. Run the Transfer Transactions to Costing process.
- 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 # 51
You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?
- A. Activate its journal entry rule set assignments.
- B. Execute the Preprocessor.
- C. Create Accounting.
- D. Transfer transactions from Receiving to Costing.
- E. Transfer costs to Cost Management.
Answer: A
Explanation:
Reference:
NEW QUESTION # 52
You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?
- A. Add the subledger journal entry rule sets to the Manage Accounting Methods task.
- B. Run the "Activate Subledger Journal Entry Rule Set Assignments" process.
- C. Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.
- D. Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.
- E. Run the "Activate Accounting Methods" process.
Answer: A,B
NEW QUESTION # 53
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