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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

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

2. 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) Product Model
E) Receipt Accounting

3. 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 Transactions from Procurement to Costing process.
D) Run the Transfer Costs from Payables to Cost Management process.
E) Run the Clear Receipt Accrual Balances process.

4. 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) The subledger journal entry rule set does not need the same accounting event type as the accounting method.
C) The subledger journal entry rule set does not need the same accounting event class as the accounting method.
D) Use a different journal entry rule set for each ledger with a different accounting convention.
E) Journal entry rule sets do not require accounting rules.

5. Identify two characteristics of an expense pool. (Choose two.)

A) It is used only for analyzing gross margins on noninventory sales of services.
B) It is a user-defined entity that represents a grouping of expenses that you want to absorb with resource and overhead rates.
C) You can define the name of your expense pool, but you cannot define more than one.
D) It helps you analyze under-absorption and over-absorption of expenses that you want to capitalize onto the balance sheet as inventory value.

Solutions: