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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings? (Choose Three)

A) Refer to the Accounting Event Diagnostic report.
B) Review errors in the Create Accounting Execution log.
C) Query the transaction from Review Cost Accounting Distributions to see the error message.
D) Refer to the Accounting Event Diagnostic Log.
E) Review errors in the Create Accounting Execution report.

2. Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
Which subject area would you select to create this report?

A) Financials-Subledger Accounting-Detail Transactions
B) Costing-Cost Accounting Real Time
C) Costing -Receipt Accounting Real Time
D) Receipt Accounting-- Receipt Accounting Transactions Real Time
E) Receipt Accounting- Receipt Accounting Distributions Real Time

3. A chart of accounts (COA) must be specified on the accounting method for which two situations?

A) Every accounting method should have a COA.
B) When using ledgers that have unique accounting requirements
C) When account combination rules use constants
D) When using account combination rules
E) When using segment rules

4. Which two outcomes can happen in create accounting when an account combination returned is end dated?

A) An error will always occur.
B) An alternate account will be used if provided.
C) The original account is stored on the journal line.
D) The preprocessor will pre-warn about this error.
E) Suspense accounts cannot be used.

5. Which two statements are true about Cost Accounting books? (Choose two.)

A) A cost organization has one book that posts to the primary ledger.
B) Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.
C) A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
D) Every cost organization must use different book names; they cannot be shared.

Solutions: