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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. In which two scenarios would you define account rules based on value sets?

A) In the absence of a chart of accounts on the accounting method
B) When there is a mapping set to convert the accounts
C) When a secondary ledger has a different COA
D) If a segment shares the same value set across multiple chart of accounts
E) When a chart of accounts is assigned to the value set definition

2. Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

A) Order Management
B) Financial Orchestration
C) Shipping
D) Inventory
E) Purchasing

3. Your client wants their expense items to be accrued at receipt. Which two configurations support this requirement?

A) Product Information Management > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "Yes".
B) Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at Period End.
C) Product Information Management > Search and select item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "No".
D) Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to Period End.
E) Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.
F) Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to At Receipt.

4. You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assembly shows "0" cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
Identify two reasons this happened.

A) The assembly item is marked as Perpetual Average costed.
B) Burdens have not been established for the item
C) The item has no on-hand inventory.
D) Outstanding purchase orders have not been received.
E) The Work Definition is incomplete.

5. Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015 effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
How will the application select the work definition?

A) Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.
B) You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.
C) It will use the work definition with the January 2, 2016 effective date.
D) It must always use the work definition with the October 1, 2015 effective date.

Solutions: