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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

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

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

2. If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?

A) Rule sets that use the same chart of accounts
B) Rule sets where the accounting rules override the method rule set
C) Rule sets that have a mapping set to convert the accounts
D) Rule sets not associated with any chart of accounts
E) Rule sets assigned to a secondary ledger with a different COA

3. Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of their lots differently then others What must they do to accomplish this?

A) Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.
B) They must create their valuation units manually.
C) They cannot change their current configuration; data generated by Quick Setup cannot be changed.
D) Quick Setup generates valuation units so they just have to access those valuation units and make their changes.

4. Select two ways to define the standard cost for an item from the Cost Accounting work area.

A) Manage the Item Cost task.
B) Create Standard Cost in a spreadsheet.
C) Import standard costs from receipt layers.
D) Manage the Standard Cost task.

5. Identify three Landed Cost Management tasks.

A) Manage Cost Scenarios
B) Review Journal Entries
C) Create Accounting
D) Capture Charges
E) Perform Allocations
F) View Rolled Up Costs

Solutions: