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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: Subledger Accounting | 10% | - Review accounting entries
- 1. Transfer to General Ledger
- 2. Validate subledger journals
- Configure accounting rules
- 1. Journal line definitions
- 2. Account derivation rules
|
| Topic 3: 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 4: Standard Cost Management | 15% | - Define and maintain standard costs
- 1. Update and publish standard costs
- 2. Create cost scenarios
- Analyze standard cost variances
- 1. Purchase price variance
- 2. Usage and rate variances
|
| Topic 5: 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 6: 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 7: 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. Configure cost components and elements
- 2. Set up cost profiles
- 3. Define cost methods
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q14-Q19):
NEW QUESTION # 14
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 Inventory to Costing, Transfer Costs to Cost Management
- C. Transfer Transactions from Receiving to Costing, Transfer Costs to Cost Management
- D. Transfer Costs to Cost Management, Transfer Transactions from Receiving to Costing
- E. Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing
- F. Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing
Answer: C
Explanation:
Reference:
NEW QUESTION # 15
A chart of accounts (COA) must be specified on the accounting method for which two situations?
- A. When using ledgers that have unique accounting requirements
- B. When using account combination rules
- C. When account combination rules use constants
- D. When using segment rules
- E. Every accounting method should have a COA.
Answer: D,E
Explanation:
Reference:
NEW QUESTION # 16
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. Requisition costs; validated costs can be used.
- C. Payables invoices; invoice price variance can be added to item cost.
- D. Receipt costs; costs include adjustments.
- E. Receivables invoices; actual cost can be used.
Answer: C
Explanation:
Reference:
NEW QUESTION # 17
Which four steps need to be completed to establish standard costs for a make item?
- A. Run preprocessor
- B. Publish costs
- C. Create a new cost scenario
- D. Add standard costs to a cost scenario
- E. Complete cost roll-up
- F. Export item costs
Answer: B,C,D,E
Explanation:
Reference:
NEW QUESTION # 18
If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?
- A. Rule sets assigned to a secondary ledger with a different COA
- B. Rule sets where the accounting rules override the method rule set
- C. Rule sets that have a mapping set to convert the accounts
- D. Rule sets that use the same chart of accounts
- E. Rule sets not associated with any chart of accounts
Answer: D,E
Explanation:
Reference:
NEW QUESTION # 19
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