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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)

A) Cost Accounting Valuation Report
B) Costing Account Balances Report
C) Layer Inventory Valuation Report
D) Work in Process Inventory Valuation Report
E) Inventory Valuation Report
F) In-transit Valuation Report
G) COGS and Revenue Matching Report

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

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

4. Identify four features provided by the Review Work Order Costs UI when displaying work order

A) Standard Cost variances
B) Input Costs
C) Variable Costs
D) Incremental Costs
E) Output Costs
F) Scrap Costs

5. Which two outcomes can happen in create accounting when an account combination returned is end dated?

A) Suspense accounts cannot be used.
B) An error will always occur.
C) The original account is stored on the journal line.
D) An alternate account will be used if provided.
E) The preprocessor will pre-warn about this error.

Solutions: