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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

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

2. You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?

A) Trade Operation
B) Charge Name
C) Reference Types
D) Routes
E) Trade Operation Templates

3. Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
How do you accomplish this?

A) Turn off the summarize flag in the journal line rule.
B) Turn off merge matching lines in the journal line rule.
C) Turn on detailed posting for GL in the ledger setup.
D) Write a custom report.
E) Extract distribution accounting entries.

4. Identify four processors available in the cost processor.

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

5. Identify two purposes of Sub ledger Accounting.

A) to calculate costs for transactions
B) to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
C) to centralize accounting string generation across all modules
D) to maintain backward compatibility
E) to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level

Solutions: