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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. If the accounting method does not have an assigned chart of accounts (COA), which option is valid?

A) The accounting method can be assigned to any ledger.
B) Any secondary ledger that uses the method cannot have a COA.
C) Accounting rules cannot override the accounting method.
D) The accounting method may only be used by ledgers without a COA.
E) The accounting method must have a mapping set to convert the accounts.

2. When attempting to open costing periods, your customer is receiving the following error:
Error: You do not have the required permission. You can request that your help desk change your security settings.
What configuration needs to be done so your customer will be able to open the Cost Accounting period?

A) Create Data Access on the Accounts Payable role for the correct cost organization.
B) Create Data Access on the Cost Accountant role for the correct cost organization.
C) Create Data Access on the Cost Accountant role for the correct inventory organization.
D) Create Data Access on the Accounts Payable role for the correct inventory organization.

3. You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?

A) Run the "Activate Accounting Methods" process.
B) Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.
C) Add the subledger journal entry rule sets to the Manage Accounting Methods task.
D) Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.
E) Run the "Activate Subledger Journal Entry Rule Set Assignments" process.

4. The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?

A) PreReference Types
B) Charge Names
C) Trade Operation Template
D) Routes
E) Material Receipts

5. Identify three characteristics of cost component to cost element mapping.

A) It is user-defined.
B) It lets you define how cost component level costs will map into cost elements.
C) You cannot modify, duplicate, or create user-defined cost components.
D) It is one of the attributes you define as part of your cost profile definitions.
E) You can only define one cost component to cost element mapping for an installation.

Solutions: