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| Section | Objectives |
|---|
| Inventory and Costing Processes | - Work in process (WIP) cost flows - Receipt accounting and cost updates - Inventory transactions cost processing
|
| Setup and Configuration | - Cost organizations and cost profiles setup - Cost methods and valuation structures - Cost component definitions and mappings
|
| Period Close and Reporting | - Cost period close process - Cost reports and reconciliation
|
| Troubleshooting and Best Practices | - Common configuration issues - Performance and reconciliation best practices
|
| Cost Accounting and Distribution | - Subledger accounting integration - Cost accounting distributions
|
| Cost Management Cloud Overview | - Application architecture and key components - Cost accounting fundamentals in Oracle Cloud
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q15-Q20):
NEW QUESTION # 15
Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?
- A. Accrual Supplier Liability Report
- B. Accrual Reconciliation Report
- C. Uninvoiced Receipt Accrual Report
- D. Receipt Accounting Real Time Report
- E. Accrual Clearing Report
Answer: B
Explanation:
Reference:
https://docs.oracle.com/cloud/farel12/scmcs_gs/FAPMA/FAPMA2269725.htm#FAPMA2269725
NEW QUESTION # 16
If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings? (Choose Three)
- A. Refer to the Accounting Event Diagnostic report.
- B. Query the transaction from Review Cost Accounting Distributions to see the error message.
- C. Review errors in the Create Accounting Execution report.
- D. Review errors in the Create Accounting Execution log.
- E. Refer to the Accounting Event Diagnostic Log.
Answer: A,B,C
Explanation:
Reference:
NEW QUESTION # 17
Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that hold normal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.
Which cost policy supports this requirement?
- A. EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."
- B. Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.
- C. Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.
- D. Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization.
- E. Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory.
Answer: A
Explanation:
Reference:
NEW QUESTION # 18
Which four steps need to be completed to establish standard costs for a make item?
- A. Publish costs
- B. Run preprocessor
- C. Export item costs
- D. Create a new cost scenario
- E. Complete cost roll-up
- F. Add standard costs to a cost scenario
Answer: A,D,E,F
Explanation:
Reference:
NEW QUESTION # 19
After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?
- A. In-transit
- B. Retro-reprice
- C. Adjustments
- D. Overhead
- E. Cost of Goods Sold
Answer: A
Explanation:
Cost Accounting Processor processes is consisted of Physical inventory transactions andTrade transactions. Trade Accounting Processor to process all in-transit transactions.
Reference:
NEW QUESTION # 20
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