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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?

A) Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
B) Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual
C) Event Class: Expense Accrual Event Type: Period End Accrual
D) Event Class: Period End Accrual Event Type: Period End Accrual
E) Event Class: Expense Accrual Event Type: Expense Accrual

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

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

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

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

4. Which two types of costs are included in the cost of contract manufactured items?

A) The cost of Items that the contract manufacturer had to purchase to perform the contract manufacturing service, and the cost of resources used by the contract manufacturer
B) Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
C) The cost of the contract manufacturing service Item. This is the price that the contract
D) The cost of resources consumed at the OEM's factory
E) The cost of items that the original equipment manufacturer (OEM) owns and has provided to the contract manufacturer for use in the process of making the output Items

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

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

Solutions: