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| Section | Weight | Objectives |
|---|
| Cost Accounting | 25% | - Set up Cost Accounting
- 1. Set up cost profiles
- 2. Define cost methods
- 3. Configure cost components and elements
- Process and analyze costs
- 1. Run cost processor
- 2. Review cost distributions
- 3. Period-end valuation and close
|
| Standard Cost Management | 15% | - Define and maintain standard costs
- 1. Create cost scenarios
- 2. Update and publish standard costs
- Analyze standard cost variances
- 1. Usage and rate variances
- 2. Purchase price variance
|
| Security and Inventory Configuration | 5% | - Configure inventory costing parameters
- 1. Organization costing options
- 2. Item cost attributes
- Set up access control
- 1. Define roles and data security
|
| Subledger Accounting | 10% | - Review accounting entries
- 1. Transfer to General Ledger
- 2. Validate subledger journals
- Configure accounting rules
- 1. Journal line definitions
- 2. Account derivation rules
|
| 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
|
| 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
|
| Landed Cost Management | 15% | - Process landed cost transactions
- 1. Reconcile variances
- 2. Allocate charges
- Configure Landed Cost
- 1. Define charge types and rules
- 2. Set up estimated vs actual costs
|
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q73-Q78):
NEW QUESTION # 73
Which two steps need to be completed to estimate landed costs?
- A. Transfer transactions from the Payables to the Costing process.
- B. Allocate charges
- C. Prepare the Material Purchase Order Data process.
- D. Update standard costs.
- E. Transfer transactions from the Inventory to the Costing process.
Answer: B,C
Explanation:
Reference:
NEW QUESTION # 74
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 not associated with any chart of accounts
- B. Rule sets where the accounting rules override the method rule set
- C. Rule sets assigned to a secondary ledger with a different COA
- D. Rule sets that have a mapping set to convert the accounts
- E. Rule sets that use the same chart of accounts
Answer: A,E
Explanation:
Reference:
NEW QUESTION # 75
Select the two valid relationships between subledger components.
- A. The journal lines hold the journal entry rule sets.
- B. The accounting method groups journal entry rule sets by Event Class and Event Type.
- C. Journal entry rules are used to hold accounting rules.
- D. The accounting method holds the accounting rules by Event Class and Event Type.
- E. Journal entry rule sets hold journal rules and accounting rules.
Answer: C,E
Explanation:
Reference:
https://docs.oracle.com/cd/E51367_01/financialsop_gs/FAISL/F1456683AN11328.htm
NEW QUESTION # 76
Your client is using Quick Setup to implement Costing. They have a requirement to track costs for manufacturing overhead. How can you make sure that this requirement is met?
- A. This requirement will already be met by the default data generated when using Quick Setup.
- B. Create the cost in Manage Cost Scenarios.
- C. You can only track costs for Direct Labor and Direct Equipment; this requirement cannot be met.
- D. Complete Quick Setup and then create the user-defined cost using the Manage Cost Component task.
Answer: A
Explanation:
Reference:
NEW QUESTION # 77
Identify two characteristics of Landed Cost charge names.
- A. Charge names cannot be associated with a PO schedule.
- B. Duty is a seeded charge name for Landed Cost.
- C. You can use multiple currencies within a trade operation for the same charge name on different lines.
- D. You can modify a charge name until it is associated with a trade operation.
- E. Charge names cannot be used to tie an invoice to a trade operation.
Answer: C,D
Explanation:
Reference:
NEW QUESTION # 78
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