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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. You can track costs at what granularity level in Cost Accounting for the actual costing method?

A) Subinventory. Lot, Serial, Grade
B) Subinventory, Lot, Serial, Locator
C) Grade, Serial, Group, Lot
D) Grade, Subinventory, Locator, Serial
E) Subinventory, Make, Lot, Serial

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

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

3. If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings? (Choose Three)

A) Refer to the Accounting Event Diagnostic report.
B) Refer to the Accounting Event Diagnostic Log.
C) Query the transaction from Review Cost Accounting Distributions to see the error message.
D) Review errors in the Create Accounting Execution log.
E) Review errors in the Create Accounting Execution report.

4. Select two ways to define the standard cost for an item from the Cost Accounting work area.

A) Manage the Standard Cost task.
B) Manage the Item Cost task.
C) Import standard costs from receipt layers.
D) Create Standard Cost in a spreadsheet.

5. Identify two purposes of Sub ledger Accounting.

A) to calculate costs for transactions
B) to maintain backward compatibility
C) to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
D) to centralize accounting string generation across all modules
E) to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level

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