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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

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

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

2. Your client is using Quick Setup to implement Costing. They have a requirement to track costs for manufacturing overhead. How can you make sure that this requirement is met?

A) Complete Quick Setup and then create the user-defined cost using the Manage Cost Component task.
B) This requirement will already be met by the default data generated when using Quick Setup.
C) Create the cost in Manage Cost Scenarios.
D) You can only track costs for Direct Labor and Direct Equipment; this requirement cannot be met.

3. Identify three Landed Cost Management tasks.

A) Create Accounting
B) Review Journal Entries
C) Manage Cost Scenarios
D) Perform Allocations
E) View Rolled Up Costs
F) Capture Charges

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

5. Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

A) Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
B) Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
C) Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
D) Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
E) Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.

Solutions: