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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

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

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

2. Identify four processors available in the cost processor.

A) Cost Accounting Processor
B) Cost Reports Processor
C) Receipt Processor
D) Costing Period Processor
E) Cost of Goods Sold Processor
F) Cost Distribution Processor

3. Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

A) Cost Accounting
B) Receipt Accounting
C) Product Model
D) Landed Cost Management
E) Inventory Management

4. Identify four features provided by the Review Work Order Costs UI when displaying work order

A) Scrap Costs
B) Incremental Costs
C) Output Costs
D) Input Costs
E) Standard Cost variances
F) Variable Costs

5. Identify two purposes of Sub ledger Accounting.

A) to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
B) to calculate costs for transactions
C) to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
D) to maintain backward compatibility
E) to centralize accounting string generation across all modules

Solutions: