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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

A) Cost Accounting
B) Landed Cost Management
C) Inventory Management
D) Receipt Accounting
E) Product Model

2. You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work are a. Why can't you see this process?

A) Purchase order information should not be imported into Receipt Accounting.
B) Purchase order information is automatically sent to Receipt Accounting using a real-time method
C) All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.
D) You do not have the role to import purchase order information into Receipt Accounting.
E) This process can only be scheduled and run from the Receipt Accounting work area

3. 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 specific unit numbers
C) Work definitions with the highest costing priority
D) Work definitions without alternates
E) Work definitions with the highest production priority

4. You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.
What do you need to do for your receipt to show up?

A) Run the Create Accounting process.
B) Run the Transactions from Receiving to Costing process.
C) Run the Transfer Costs from Payables to Cost Management process.
D) Run the Transactions from Procurement to Costing process.
E) Run the Clear Receipt Accrual Balances process.

5. Your client has accounting rules that need specific customization. Which two options allow them to accomplish this? (Choose two)

A) The subledger journal entry rule set does not need the same accounting event type as the accounting method.
B) Journal entry rule sets do not require accounting rules.
C) Use a different journal entry rule set for each ledger with a different accounting convention.
D) The subledger journal entry rule set does not need the same accounting event class as the accounting method.
E) Copy and rename predefined subledger journal entry rule sets before modifying them.

Solutions: