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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Which three tasks can be completed in the Receipt Accounting work area?

A) Review Item Costs
B) Review Cost Accounting Distributions
C) Review and Approve Item Cost Profiles
D) Create Receipt Accounting Distributions
E) Create Accounting
F) Manage Accrual Clearing Rules

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

3. Which four statements describe what is unique about Cost Accounting for items received into inventory as consigned?

A) A consumption can automatically trigger a momentary ownership transaction before the consumption transaction.
B) Consigned items can appear on inventory reports with information about the eventual value of the consigned item
C) The liability for a consigned item occurs when there is an ownership event.
D) Consigned items cannot appear on inventory reports with information about the eventual value of the consigned item.
E) The quantity is tracked in inventory but not as an asset until there is an ownership event
F) There is no difference between owned inventory and consigned inventory.

4. The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?

A) PreReference Types
B) Trade Operation Template
C) Charge Names
D) Material Receipts
E) Routes

5. A chart of accounts (COA) must be specified on the accounting method for which two situations?

A) Every accounting method should have a COA.
B) When using account combination rules
C) When using ledgers that have unique accounting requirements
D) When account combination rules use constants
E) When using segment rules

Solutions: