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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Your customer wants to run a report to review account balances for both inventory valuation and cost of goods sold. Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

A) Revenue and COGS Matching Report
B) Inventory Valuation Report
C) Costing Balances Report
D) Inventory Account Balances Report

2. Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

A) Business Unit and Inventory Organization
B) Business Unit and Cost Organization
C) Business Unit and Legal Entity
D) Inventory Organization and Legal Entity
E) Legal Entity and Cost Organization
F) Inventory Organization and Cost Organization

3. Landed Cost Variance Analysis can be performed based on which three dimension combinations?

A) Business Unit/Landed Cost Charge/Cost Organization
B) Inventory Organization/Landed Cost Charge/Third Party Supplier
C) Item/Business Unit/Route
D) Item Category/Material Supplier/Landed Cost Charge
E) Item Catalog/Inventory Organization/Business Unit

4. There are freight charges on an invoice. Which two setups are required to get create accounting to enter a separate accounting line for it?

A) Account Class must be set to Freight.
B) Create a condition for a journal line for freight.
C) Line Type must be set to Freight.
D) Sub ledger accounting is set up to accomplish this out-of-the-box.

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

Solutions: