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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of their lots differently then others What must they do to accomplish this?

A) They must create their valuation units manually.
B) They cannot change their current configuration; data generated by Quick Setup cannot be changed.
C) Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.
D) Quick Setup generates valuation units so they just have to access those valuation units and make their changes.

2. 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 with the highest production priority
B) Work definitions with the highest costing priority
C) Work definitions with specific unit numbers
D) Work definitions without alternates
E) Work definitions with the lowest production priority

3. Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?

A) Accrual Reconciliation Report
B) Accrual Supplier Liability Report
C) Uninvoiced Receipt Accrual Report
D) Receipt Accounting Real Time Report
E) Accrual Clearing Report

4. Identify two characteristics of Landed Cost charge names.

A) Charge names cannot be associated with a PO schedule.
B) Duty is a seeded charge name for Landed Cost.
C) You can modify a charge name until it is associated with a trade operation.
D) Charge names cannot be used to tie an invoice to a trade operation.
E) You can use multiple currencies within a trade operation for the same charge name on different lines.

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

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

Solutions: