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| Section | Weight | Objectives |
|---|
| Security and Inventory Configuration | 5% | - Set up access control
- 1. Define roles and data security
- Configure inventory costing parameters
- 1. Item cost attributes
- 2. Organization costing options
|
| Landed Cost Management | 15% | - Configure Landed Cost
- 1. Set up estimated vs actual costs
- 2. Define charge types and rules
- Process landed cost transactions
- 1. Reconcile variances
- 2. Allocate charges
|
| Cost Accounting | 25% | - Set up Cost Accounting
- 1. Set up cost profiles
- 2. Configure cost components and elements
- 3. Define cost methods
- Process and analyze costs
- 1. Review cost distributions
- 2. Period-end valuation and close
- 3. Run cost processor
|
| 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
|
| Subledger Accounting | 10% | - Configure accounting rules
- 1. Account derivation rules
- 2. Journal line definitions
- Review accounting entries
- 1. Transfer to General Ledger
- 2. Validate subledger journals
|
| Standard Cost Management | 15% | - Analyze standard cost variances
- 1. Purchase price variance
- 2. Usage and rate variances
- Define and maintain standard costs
- 1. Create cost scenarios
- 2. Update and publish standard costs
|
| Receipt Accounting | 20% | - Manage Receipt Accounting transactions
- 1. Analyze and reconcile accruals
- 2. Run period-end close
- Configure Receipt Accounting
- 1. Accrue at period end
- 2. Receipt accrual process
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q73-Q78):
NEW QUESTION # 73
You can track costs at what granularity level in Cost Accounting for the actual costing method?
- A. Subinventory. Lot, Serial, Grade
- B. Subinventory, Lot, Serial, Locator
- C. Subinventory, Make, Lot, Serial
- D. Grade, Subinventory, Locator, Serial
- E. Grade, Serial, Group, Lot
Answer: A
Explanation:
Reference:
NEW QUESTION # 74
Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?
- A. Receipt Accounting
- B. Landed Cost Management
- C. Cost Accounting
- D. Inventory Management
- E. Product Model
Answer: D
Explanation:
Reference:
NEW QUESTION # 75
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, Receiving Balances, Receipt Accounting Period Validation Status
- E. Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting Transactions
Answer: B
Explanation:
Reference:
NEW QUESTION # 76
Which four steps need to be completed to establish standard costs for a make item?
- A. Run preprocessor
- B. Create a new cost scenario
- C. Publish costs
- D. Add standard costs to a cost scenario
- E. Export item costs
- F. Complete cost roll-up
Answer: B,C,D,F
Explanation:
Reference:
NEW QUESTION # 77
You have made some changes to your subledger accounting setups for Costing and want to verify that the journal entries are showing up correctly.
How can you generate a report that allows you to see the subledger journal entries for transactions without actually transferring to the General Ledger?
- A. Run the Create Cost Accounting Distribution process with the following parameters:
- B. Run the Transfer Transactions from Inventory to Costing process with the following parameters:
- C. Run the Create Accounting for Costing process with the following parameters:
- D. Run the Create Cost Accounting Distribution process with the following parameters:
- E. Run the Create Accounting for Costing process with the following parameters:
Answer: C
Explanation:
Reference:
NEW QUESTION # 78
......
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