Last Updated: Sep 05, 2026
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| Section | Objectives |
|---|---|
| Inventory and Costing Processes | - Inventory transactions cost processing - Work in process (WIP) cost flows - Receipt accounting and cost updates |
| Period Close and Reporting | - Cost period close process - Cost reports and reconciliation |
| Setup and Configuration | - Cost organizations and cost profiles setup - Cost component definitions and mappings - Cost methods and valuation structures |
| Troubleshooting and Best Practices | - Performance and reconciliation best practices - Common configuration issues |
| Cost Management Cloud Overview | - Cost accounting fundamentals in Oracle Cloud - Application architecture and key components |
| Cost Accounting and Distribution | - Subledger accounting integration - Cost accounting distributions |
Question 1
Your client has accounting rules that need specific customization. Which two options allow them to accomplish this? (Choose two)
A. Copy and rename predefined subledger journal entry rule sets before modifying them.
B. Use a different journal entry rule set for each ledger with a different accounting convention.
C. The subledger journal entry rule set does not need the same accounting event type as the accounting method.
D. The subledger journal entry rule set does not need the same accounting event class as the accounting method.
E. Journal entry rule sets do not require accounting rules.
Question 2
Identify four features provided by the Review Work Order Costs UI when displaying work order
A. Input Costs
B. Output Costs
C. Scrap Costs
D. Incremental Costs
E. Standard Cost variances
F. Variable Costs
Question 3
Which two outcomes can happen in create accounting when an account combination returned is end dated?
A. The original account is stored on the journal line.
B. An alternate account will be used if provided.
C. The preprocessor will pre-warn about this error.
D. Suspense accounts cannot be used.
E. An error will always occur.
Question 4
The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?
A. PreReference Types
B. Charge Names
C. Material Receipts
D. Trade Operation Template
E. Routes
Question 5
Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?
A. Business Unit and Inventory Organization
B. Inventory Organization and Cost Organization
C. Business Unit and Legal Entity
D. Business Unit and Cost Organization
E. Legal Entity and Cost Organization
F. Inventory Organization and Legal Entity
Solutions:
| Question 1 Answer: C,D | Question 2 Answer: A,B,C,E | Question 3 Answer: A,B | Question 4 Answer: A | Question 5 Answer: A |
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