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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. 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) Run the "Activate Subledger Journal Entry Rule Set Assignments" process.
E) Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.

2. After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?

A) Transfer transactions from payables.
B) Transfer transactions from receiving.
C) Transfer to Sub ledger Accounting.
D) Create distributions.
E) Assign accruals to purchase order transactions.

3. Identify two characteristics of Landed Cost charge names.

A) Charge names cannot be associated with a PO schedule.
B) You can use multiple currencies within a trade operation for the same charge name on different lines.
C) Charge names cannot be used to tie an invoice to a trade operation.
D) Duty is a seeded charge name for Landed Cost.
E) You can modify a charge name until it is associated with a trade operation.

4. Select the two valid relationships between subledger components.

A) Journal entry rule sets hold journal rules and accounting rules.
B) The accounting method holds the accounting rules by Event Class and Event Type.
C) The journal lines hold the journal entry rule sets.
D) The accounting method groups journal entry rule sets by Event Class and Event Type.
E) Journal entry rules are used to hold accounting rules.

5. Which three cost planning tasks can be performed in the Cost Accounting work area?

A) Management Cost Accounting Periods
B) Review Item Costs
C) Manage Resource Rates
D) Review Work Order Costs
E) Analyzing and Comparing Costs
F) Estimating Standard Costs for Assemblies

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