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

2. There are freight charges on an invoice. Which two setups are required to get create accounting to enter a separate accounting line for it?

A) Create a condition for a journal line for freight.
B) Account Class must be set to Freight.
C) Line Type must be set to Freight.
D) Sub ledger accounting is set up to accomplish this out-of-the-box.

3. Identify two characteristics of an expense pool. (Choose two.)

A) It is a user-defined entity that represents a grouping of expenses that you want to absorb with resource and overhead rates.
B) You can define the name of your expense pool, but you cannot define more than one.
C) It is used only for analyzing gross margins on noninventory sales of services.
D) It helps you analyze under-absorption and over-absorption of expenses that you want to capitalize onto the balance sheet as inventory value.

4. 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 a secondary ledger has a different COA
C) If a segment shares the same value set across multiple chart of accounts
D) When a chart of accounts is assigned to the value set definition
E) When there is a mapping set to convert the accounts

5. Which three tasks can be completed in the Receipt Accounting work area?

A) Review and Approve Item Cost Profiles
B) Manage Accrual Clearing Rules
C) Create Receipt Accounting Distributions
D) Create Accounting
E) Review Cost Accounting Distributions
F) Review Item Costs

Solutions: