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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Identify four processors available in the cost processor.

A) Costing Period Processor
B) Cost Reports Processor
C) Cost Distribution Processor
D) Receipt Processor
E) Cost of Goods Sold Processor
F) Cost Accounting Processor


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


3. Which two rules determine whether a condition has been met for accounting rules?

A) When the condition is met, the rule associated with that priority is used.
B) Use parenthesis to control the order of the condition evaluation.
C) Priorities determine the order in which accounting rule conditions are examined.
D) The conditions are evaluated in the sequence they are defined in the accounting rule.
E) After all conditions are tested, the final resulting value is used.


4. You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?

A) Charge Name
B) Trade Operation
C) Orders
D) Cost Scenario
E) Routes


5. Landed Cost Variance Analysis can be performed based on which three dimension combinations?

A) Item Category/Material Supplier/Landed Cost Charge
B) Inventory Organization/Landed Cost Charge/Third Party Supplier
C) Business Unit/Landed Cost Charge/Cost Organization
D) Item Catalog/Inventory Organization/Business Unit
E) Item/Business Unit/Route


Solutions:

Question # 1
Answer: B,C,E,F
Question # 2
Answer: A,C
Question # 3
Answer: A,C
Question # 4
Answer: B
Question # 5
Answer: D

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