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| Section | Weight | Objectives |
|---|
| Topic 1: 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
|
| Topic 2: Supply Chain Financial Orchestration | 10% | - Monitor and troubleshoot flows
- 1. Resolve exceptions
- 2. Track transaction status
- Set up orchestration flows
- 1. Define business events
- 2. Configure financial rules
|
| Topic 3: Landed Cost Management | 15% | - Process landed cost transactions
- 1. Reconcile variances
- 2. Allocate charges
- Configure Landed Cost
- 1. Set up estimated vs actual costs
- 2. Define charge types and rules
|
| Topic 4: Subledger Accounting | 10% | - Review accounting entries
- 1. Transfer to General Ledger
- 2. Validate subledger journals
- Configure accounting rules
- 1. Account derivation rules
- 2. Journal line definitions
|
| Topic 5: 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
|
| Topic 6: Receipt Accounting | 20% | - Manage Receipt Accounting transactions
- 1. Run period-end close
- 2. Analyze and reconcile accruals
- Configure Receipt Accounting
- 1. Accrue at period end
- 2. Receipt accrual process
|
| Topic 7: Cost Accounting | 25% | - Process and analyze costs
- 1. Period-end valuation and close
- 2. Run cost processor
- 3. Review cost distributions
- Set up Cost Accounting
- 1. Set up cost profiles
- 2. Define cost methods
- 3. Configure cost components and elements
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q33-Q38):
NEW QUESTION # 33
You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?
- A. Transfer transactions from Receiving to Costing.
- B. Activate its journal entry rule set assignments.
- C. Execute the Preprocessor.
- D. Create Accounting.
- E. Transfer costs to Cost Management.
Answer: B
Explanation:
Reference:
NEW QUESTION # 34
Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of their lots differently then others What must they do to accomplish this?
- A. They must create their valuation units manually.
- B. Quick Setup generates valuation units so they just have to access those valuation units and make their changes.
- C. Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.
- D. They cannot change their current configuration; data generated by Quick Setup cannot be changed.
Answer: C
Explanation:
Reference:
NEW QUESTION # 35
You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assembly shows "0" cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
Identify two reasons this happened.
- A. The assembly item is marked as Perpetual Average costed.
- B. The item has no on-hand inventory.
- C. The Work Definition is incomplete.
- D. Outstanding purchase orders have not been received.
- E. Burdens have not been established for the item
Answer: A,C
Explanation:
Reference:
NEW QUESTION # 36
Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
How do you accomplish this?
- A. Turn off merge matching lines in the journal line rule.
- B. Turn on detailed posting for GL in the ledger setup.
- C. Turn off the summarize flag in the journal line rule.
- D. Write a custom report.
- E. Extract distribution accounting entries.
Answer: A
Explanation:
Reference:
NEW QUESTION # 37
Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario
- A. Work definitions with the lowest production priority
- B. Work definitions with the highest costing priority
- C. Work definitions without alternates
- D. Work definitions with the highest production priority
- E. Work definitions with specific unit numbers
Answer: B,D
Explanation:
Reference:
NEW QUESTION # 38
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