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| Section | Objectives |
|---|
| Topic 1: Inventory and Costing Processes | - Receipt accounting and cost updates - Work in process (WIP) cost flows - Inventory transactions cost processing
|
| Topic 2: Cost Accounting and Distribution | - Subledger accounting integration - Cost accounting distributions
|
| Topic 3: Setup and Configuration | - Cost methods and valuation structures - Cost component definitions and mappings - Cost organizations and cost profiles setup
|
| Topic 4: Period Close and Reporting | - Cost reports and reconciliation - Cost period close process
|
| Topic 5: Cost Management Cloud Overview | - Cost accounting fundamentals in Oracle Cloud - Application architecture and key components
|
| Topic 6: Troubleshooting and Best Practices | - Common configuration issues - Performance and reconciliation best practices
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q22-Q27):
NEW QUESTION # 22
Identify two ways that standard cost is calculated.
- A. The standard cost of the configured item is based on the purchase order price quoted by the
- B. The cost of a configured item is calculated based on the work definition of the model item.
- C. The roll-up calculation can be performed to update standard costs for Cost Accounting purposes
- D. The standard cost is the sum of the cost of the selected option items.
- E. Users must manually enter the cost of each configured item; the calculation is not automated.
Answer: C,D
Explanation:
Reference:
NEW QUESTION # 23
Identify four processors available in the cost processor.
- A. Receipt Processor
- B. Cost Reports Processor
- C. Cost Distribution Processor
- D. Cost of Goods Sold Processor
- E. Costing Period Processor
- F. Cost Accounting Processor
Answer: B,C,D,F
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/fapma/manage-cost-accounting.html#FAPMA146491
NEW QUESTION # 24
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. Charge Name
- B. Trade Operation
- C. Cost Scenario
- D. Orders
- E. Routes
Answer: B
Explanation:
Reference:
NEW QUESTION # 25
Identify two purposes of Sub ledger Accounting.
- A. to calculate costs for transactions
- B. to centralize accounting string generation across all modules
- C. to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
- D. to maintain backward compatibility
- E. to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
Answer: A,E
Explanation:
Reference:
NEW QUESTION # 26
After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?
- A. Create distributions.
- B. Transfer transactions from receiving.
- C. Transfer transactions from payables.
- D. Assign accruals to purchase order transactions.
- E. Transfer to Sub ledger Accounting.
Answer: A
Explanation:
Reference:
NEW QUESTION # 27
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