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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. In which two scenarios would you define account rules based on value sets?

A) When a secondary ledger has a different COA
B) When there is a mapping set to convert the accounts
C) When a chart of accounts is assigned to the value set definition
D) In the absence of a chart of accounts on the accounting method
E) If a segment shares the same value set across multiple chart of accounts

2. You have configured the application as follows:
* Expense items are set to accrue at receipt.
* Receipt Close tolerance is set to 75 percent.
* Purchasing Line types are set to 2-way match.
When you create a purchase order, the Accrue on Receipt check box is automatically selected when a line is added.
Which two configurations changes will ensure the Accrue on Receipt check box is not selected by default?

A) Change inventory items to accrue at period end.
B) Change the Receipt Close tolerance so it is 100 percent.
C) Change the Purchasing Line types to 3-way match.
D) Change the Purchasing Line types to 4-way match.
E) Change expense items to accrue at period end.

3. Identify two characteristics of a cost profile.

A) It is used for calculating the estimated cost of manufactured items under different scenarios.
B) It is used for Receipt Accounting.
C) It is where you define your Cost Accounting policies.
D) It is where you define which cost method you want to use for the cost component to cost element mapping.

4. After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?

A) Retro-reprice
B) In-transit
C) Overhead
D) Adjustments
E) Cost of Goods Sold

5. Which three cost planning tasks can be performed in the Cost Accounting work area?

A) Estimating Standard Costs for Assemblies
B) Management Cost Accounting Periods
C) Manage Resource Rates
D) Review Item Costs
E) Review Work Order Costs
F) Analyzing and Comparing Costs

Solutions: