Managerial Accounting Overview |
In this exam section, the focus is on explaining principles such as Cost Accounting and how it integrates with other modules. Also, it explains the goal of Cost Accounting, Receipt Accounting, and Landed Cost. It also explains key implementation decision points. |
Receipt Accounting Overview |
This section of the exam covers how to describe the Receipt Accounting Work Area, describe the Receipt Accounting Configure Accrue at period end, Receipt Accounting processes, and how to manage daily Receipt Accounting tasks. |
Cost Accounting Overview |
In this exam, the topics covered include describing the Cost Accounting Work Area, explaining Cost Accounting, Configure Costing methods (Standard, Perpetual, Actual, and Periodic average cost methods), Creating Cost Accounting Key setups (Cost Org, Cost Book, Relationships, Elements, Components, Component Mappings, Valuation Structures, Cost Profiles, and Default Cost Profiles), and describe the Role of Costing Key setups and Cost policies. Moreover, it covers how to perform Cost Accounting processes & Reporting. |
Standard Costs |
In this section, the focus is on how to manage Cost scenarios and create Standard Costs, Resource Rates, and Overhead Rates. It also covers managing rolled-up Costs and examining and resolving Standard Cost variances. |
Landed Cost Overview |
In this exam section, the focus is given to describing the landed cost work area and what the is Landed Cost. It covers how to configure Landed Cost Management and oversee Charge Names, Reference types & Routes. |
Subledger Accounting |
In this exam section, the concepts covered how to explain the Receipt & Cost Accounting Subledger, and how to create Account Rules. Create Journal Line Rules, to create a Subledger Journal Entry Rule set, create an Accounting Strategy, and how to describe the relationships of Subledger Components. |
Costing and Inventory Foundations |
This section deals with the explaination of Common Inventory Configurations. |
Projects Enabled Supply Chain |
This section explains Common Projects Enabled SCM Configurations and how to manage Project enabled Work Orders. |
Official Information |
https://education.oracle.com/oracle-cost-management-cloud-2023-implementation-professional/pexam_1Z0-1074-23 |