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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. 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 assigned to a secondary ledger with a different COA
C) Rule sets that have a mapping set to convert the accounts
D) Rule sets that use the same chart of accounts
E) Rule sets where the accounting rules override the method rule set

2. Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that hold normal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.
Which cost policy supports this requirement?

A) Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.
B) Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory.
C) EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."
D) Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.
E) Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization.

3. A manager has decided to close the period by not allowing any new transactions, except for corrections and adjustments, which can happen any time before the period is closed permanently.
Which cost period status will allow the system to perform the transaction?

A) Open
B) Permanently Closed
C) Closed
D) Never Opened
E) Close Pending

4. Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?

A) Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
B) Event Class: Expense Accrual Event Type: Period End Accrual
C) Event Class: Period End Accrual Event Type: Period End Accrual
D) Event Class: Expense Accrual Event Type: Expense Accrual
E) Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual

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

Solutions: