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| Section | Objectives |
|---|
| Topic 1: Integration with Oracle Cloud Applications | - Integration with Inventory and Manufacturing - Integration with Financials and Subledger Accounting
|
| Topic 2: Setup and Configuration | - Cost organization and cost book setup - Subledger accounting configuration - Inventory valuation and accounting setup
|
| Topic 3: Cost Processing | - Material cost accounting - Resource and overhead costing - Cost distribution and adjustments
|
| Topic 4: Cost Analysis and Reporting | - Cost reconciliation and variance analysis - Cost reports and inquiries
|
| Topic 5: Cost Management Overview | - Cost accounting concepts in Oracle Cloud - Costing methods and principles
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q19-Q24):
NEW QUESTION # 19
You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?
- A. Reference Types
- B. Charge Name
- C. Trade Operation Templates
- D. Routes
- E. Trade Operation
Answer: B
Explanation:
Reference:
NEW QUESTION # 20
Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario
- A. Work definitions with the highest costing priority
- B. Work definitions with the lowest production priority
- C. Work definitions with the highest production priority
- D. Work definitions without alternates
- E. Work definitions with specific unit numbers
Answer: A,C
Explanation:
Reference:
NEW QUESTION # 21
Which three tasks can be completed in the Receipt Accounting work area?
- A. Review and Approve Item Cost Profiles
- B. Manage Accrual Clearing Rules
- C. Create Receipt Accounting Distributions
- D. Review Cost Accounting Distributions
- E. Review Item Costs
- F. Create Accounting
Answer: B,C,D
Explanation:
Reference:
NEW QUESTION # 22
Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015 effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
How will the application select the work definition?
- A. It must always use the work definition with the October 1, 2015 effective date.
- B. It will use the work definition with the January 2, 2016 effective date.
- C. You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.
- D. Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.
Answer: C
Explanation:
Reference:
NEW QUESTION # 23
Identify three Landed Cost Management tasks.
- A. Review Journal Entries
- B. Capture Charges
- C. Perform Allocations
- D. View Rolled Up Costs
- E. Manage Cost Scenarios
- F. Create Accounting
Answer: B,C,F
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/supply-chain-management/18b/faims/implementing-landed-cost-management.html#FAIMS1854624
NEW QUESTION # 24
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