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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

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

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

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

3. Identify two ways that standard cost is calculated.

A) Users must manually enter the cost of each configured item; the calculation is not automated.
B) The standard cost of the configured item is based on the purchase order price quoted by the
C) The roll-up calculation can be performed to update standard costs for Cost Accounting purposes
D) The cost of a configured item is calculated based on the work definition of the model item.
E) The standard cost is the sum of the cost of the selected option items.

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

A) It is one of the attributes you define as part of your cost profile definitions.
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) You can only define one cost component to cost element mapping for an installation.
E) It is user-defined.

5. Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

A) Business Unit and Inventory Organization
B) Inventory Organization and Cost Organization
C) Legal Entity and Cost Organization
D) Business Unit and Legal Entity
E) Business Unit and Cost Organization
F) Inventory Organization and Legal Entity

Solutions: