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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?

A) Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.
B) Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.
C) Add the subledger journal entry rule sets to the Manage Accounting Methods task.
D) Run the "Activate Subledger Journal Entry Rule Set Assignments" process.
E) Run the "Activate Accounting Methods" process.

2. Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

A) Inventory
B) Purchasing
C) Order Management
D) Shipping
E) Financial Orchestration

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

4. 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 highest costing priority
C) Work definitions with the lowest production priority
D) Work definitions with the highest production priority
E) Work definitions with specific unit numbers

5. Identify two ways that standard cost is calculated.

A) Users must manually enter the cost of each configured item; the calculation is not automated.
B) The standard cost of the configured item is based on the purchase order price quoted by the
C) The standard cost is the sum of the cost of the selected option items.
D) The roll-up calculation can be performed to update standard costs for Cost Accounting purposes
E) The cost of a configured item is calculated based on the work definition of the model item.

Solutions: