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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Your client needs to import the relevant transactions and tax determinants for their expense items into Receipt Accounting. What is the correct sequence of processes to accomplish this?

A) Transfer Costs to Cost Management, Transfer Transactions from Receiving to Costing
B) Transfer Transactions from Inventory to Costing, Transfer Costs to Cost Management
C) Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing
D) Transfer Costs to Cost Management, Transfer Transactions from Inventory to Costing
E) Transfer Transactions from Receiving to Costing, Transfer Costs to Cost Management
F) Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing

2. After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?

A) Transfer transactions from receiving.
B) Transfer to Sub ledger Accounting.
C) Create distributions.
D) Assign accruals to purchase order transactions.
E) Transfer transactions from payables.

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

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

4. Your customer wants to run a report to review account balances for both inventory valuation and cost of goods sold. Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

A) Inventory Valuation Report
B) Costing Balances Report
C) Inventory Account Balances Report
D) Revenue and COGS Matching Report

5. Identify four processors available in the cost processor.

A) Cost of Goods Sold Processor
B) Cost Reports Processor
C) Costing Period Processor
D) Cost Distribution Processor
E) Receipt Processor
F) Cost Accounting Processor

Solutions: