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| Section | Objectives |
|---|
| Troubleshooting and Best Practices | - Performance and reconciliation best practices - Common configuration issues
|
| Period Close and Reporting | - Cost reports and reconciliation - Cost period close process
|
| Cost Accounting and Distribution | - Subledger accounting integration - Cost accounting distributions
|
| Inventory and Costing Processes | - Receipt accounting and cost updates - Inventory transactions cost processing - Work in process (WIP) cost flows
|
| Cost Management Cloud Overview | - Application architecture and key components - Cost accounting fundamentals in Oracle Cloud
|
| Setup and Configuration | - Cost methods and valuation structures - Cost organizations and cost profiles setup - Cost component definitions and mappings
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q72-Q77):
NEW QUESTION # 72
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, Accrual Schedule, Receiving Balances, Receipt Accounting Period Validation Status
- C. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Transactions
- D. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Transactions
- E. Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting Transactions
Answer: D
Explanation:
Reference:
NEW QUESTION # 73
Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
Which subject area would you select to create this report?
- A. Receipt Accounting-- Receipt Accounting Transactions Real Time
- B. Receipt Accounting- Receipt Accounting Distributions Real Time
- C. Costing -Receipt Accounting Real Time
- D. Costing-Cost Accounting Real Time
- E. Financials-Subledger Accounting-Detail Transactions
Answer: E
Explanation:
Reference:
NEW QUESTION # 74
Identify four characteristics of a cost element.
- A. It uses date effectivity.
- B. It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
- C. The mapping of cost components into cost elements is user-defined.
- D. Users can define any number of cost elements.
- E. It is user-defined.
- F. It is the granularity at which costs are tracked and accounted.
Answer: A,B,C,E
Explanation:
Reference:
NEW QUESTION # 75
Which two statements are true about Cost Accounting books? (Choose two.)
- A. A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
- B. Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.
- C. Every cost organization must use different book names; they cannot be shared.
- D. A cost organization has one book that posts to the primary ledger.
Answer: A,D
Explanation:
Reference:
NEW QUESTION # 76
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. Landed Cost Management
- B. Product Model
- C. Cost Accounting
- D. Receipt Accounting
- E. Inventory Management
Answer: E
Explanation:
Reference:
NEW QUESTION # 77
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