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| Section | Objectives |
|---|
| Topic 1: Cost Analysis and Reporting | - Cost reports and inquiries - Cost reconciliation and variance analysis
|
| Topic 2: Cost Processing | - Resource and overhead costing - Material cost accounting - Cost distribution and adjustments
|
| Topic 3: Setup and Configuration | - Subledger accounting configuration - Cost organization and cost book setup - Inventory valuation and accounting setup
|
| Topic 4: Cost Management Overview | - Costing methods and principles - Cost accounting concepts in Oracle Cloud
|
| Topic 5: Integration with Oracle Cloud Applications | - Integration with Inventory and Manufacturing - Integration with Financials and Subledger Accounting
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q66-Q71):
NEW QUESTION # 66
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. Run the "Activate Accounting Methods" process.
- B. Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.
- C. Add the subledger journal entry rule sets to the Manage Accounting Methods task.
- D. Run the "Activate Subledger Journal Entry Rule Set Assignments" process.
- E. Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.
Answer: C,D
NEW QUESTION # 67
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 that use the same chart of accounts
- B. Rule sets where the accounting rules override the method rule set
- C. Rule sets not associated with any chart of accounts
- D. Rule sets that have a mapping set to convert the accounts
- E. Rule sets assigned to a secondary ledger with a different COA
Answer: A,C
Explanation:
Reference:
NEW QUESTION # 68
Identify four processors available in the cost processor.
- A. Receipt Processor
- B. Costing Period Processor
- C. Cost Accounting Processor
- D. Cost of Goods Sold Processor
- E. Cost Reports Processor
- F. Cost Distribution Processor
Answer: C,D,E,F
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/fapma/manage-cost-accounting.html#FAPMA146491
NEW QUESTION # 69
Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)
- A. Item Costs
- B. Journal Entries
- C. Purchase Variance Summary
- D. Inventory Valuation
- E. Cost Processing
- F. Work Order Costs
Answer: C,D,F
Explanation:
Reference:
NEW QUESTION # 70
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. Receipt costs; costs include adjustments.
- B. Requisition costs; validated costs can be used.
- C. Receivables invoices; actual cost can be used.
- D. Purchase order costs; item catalog costs can be used.
- E. Payables invoices; invoice price variance can be added to item cost.
Answer: E
Explanation:
Reference:
NEW QUESTION # 71
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