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| Section | Objectives |
|---|
| Topic 1: Cost Processing | - Cost distribution and adjustments - Resource and overhead costing - Material cost accounting
|
| Topic 2: Cost Analysis and Reporting | - Cost reconciliation and variance analysis - Cost reports and inquiries
|
| Topic 3: Cost Management Overview | - Costing methods and principles - Cost accounting concepts in Oracle Cloud
|
| Topic 4: Setup and Configuration | - Cost organization and cost book setup - Subledger accounting configuration - Inventory valuation and accounting setup
|
| Topic 5: Integration with Oracle Cloud Applications | - Integration with Financials and Subledger Accounting - Integration with Inventory and Manufacturing
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q78-Q83):
NEW QUESTION # 78
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 Journal Entry Rule Set 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 Accounting Methods task.
- E. Run the "Activate Accounting Methods" process.
Answer: B,D
NEW QUESTION # 79
Select two ways to define the standard cost for an item from the Cost Accounting work area.
- A. Manage the Item Cost task.
- B. Create Standard Cost in a spreadsheet.
- C. Import standard costs from receipt layers.
- D. Manage the Standard Cost task.
Answer: B,D
Explanation:
Reference:
NEW QUESTION # 80
You have configured your expense items to accrue at receipt. You have created a few purchase orders and want to verify that the supplier invoices have been created.
Which accounting entries signal this process has taken place?
- A. Debit Charge Account (expense or inventory), Credit Receiving Inspection
- B. Debit Receiving Inspection, Credit Accrued Liability
- C. Debit Accrued Liability, Credit Accounts Payable
- D. Debit Expense, Credit Receiving Inspection
- E. Debit Expense, Credit Expense Accrual
Answer: A
Explanation:
Reference:
NEW QUESTION # 81
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. Every accounting method should have a COA.
- C. When account combination rules use constants
- D. When using account combination rules
- E. When using segment rules
Answer: B,E
Explanation:
Reference:
NEW QUESTION # 82
What are the predefined areas that give you visibility into the status of Receipt Accounting, on the overview page in the Receipt Accounting work area?
- A. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Period Validation Status
- B. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Transactions
- C. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Transactions
- D. Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting Transactions
- E. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Period Validation Status
Answer: B
Explanation:
Reference:
NEW QUESTION # 83
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