Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
1. Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of their lots differently then others What must they do to accomplish this?
A) Quick Setup generates valuation units so they just have to access those valuation units and make their changes.
B) They must create their valuation units manually.
C) Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.
D) They cannot change their current configuration; data generated by Quick Setup cannot be changed.
2. 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 there is a mapping set to convert the accounts
C) When a secondary ledger has a different COA
D) When a chart of accounts is assigned to the value set definition
E) If a segment shares the same value set across multiple chart of accounts
3. Your organization currently has the August period for this year open. They want to be able to open the September period, while keeping August open. When you try to open the target period, August of this year, you get an error.
What must you do to meet your customer's requirement and resolve this error?
A) Change the number of maximum open periods in Manage Cost Organization Relationships
B) Perform cost account validations for August in Manage Cost Accounting Periods
C) Close the August period; you can never have two open periods at the same time.
D) Run the Transfer Transactions to Costing process.
4. Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?
A) Inventory
B) Shipping
C) Financial Orchestration
D) Purchasing
E) Order Management
5. A manager has decided to close the period by not allowing any new transactions, except for corrections and adjustments, which can happen any time before the period is closed permanently.
Which cost period status will allow the system to perform the transaction?
A) Closed
B) Never Opened
C) Open
D) Close Pending
E) Permanently Closed
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B,E | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: A |
2 Customer Reviews
Quality and ValueITCertKing Practice Exams are written to the highest standards of technical accuracy, using only certified subject matter experts and published authors for development - no all study materials.
Tested and ApprovedWe are committed to the process of vendor and third party approvals. We believe professionals and executives alike deserve the confidence of quality coverage these authorizations provide.
Easy to PassIf you prepare for the exams using our ITCertKing testing engine, It is easy to succeed for all certifications in the first attempt. You don't have to deal with all dumps or any free torrent / rapidshare all stuff.
Try Before BuyITCertKing offers free demo of each product. You can check out the interface, question quality and usability of our practice exams before you decide to buy.
