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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Identify two characteristics of Landed Cost charge names.

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

2. At what level can you define item cost profiles?

A) Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
B) Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
C) Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
D) Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.

3. Identify two characteristics of a cost profile.

A) It is where you define your Cost Accounting policies.
B) It is where you define which cost method you want to use for the cost component to cost element mapping.
C) It is used for calculating the estimated cost of manufactured items under different scenarios.
D) It is used for Receipt Accounting.

4. Which three tasks can be completed in the Receipt Accounting work area?

A) Review and Approve Item Cost Profiles
B) Create Accounting
C) Review Cost Accounting Distributions
D) Create Receipt Accounting Distributions
E) Manage Accrual Clearing Rules
F) Review Item Costs

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

A) The cost of resources consumed at the OEM's factory
B) 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
C) The cost of the contract manufacturing service Item. This is the price that the contract
D) 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
E) Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.

Solutions: