Get real 1Z0-1074-26 exam questions for better preparation
Real Oracle 1Z0-1074-26 practice exam questions for easy pass!
Last Updated: Oct 14, 2026
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Oracle 1Z0-1074-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Cost Processing | - Cost distribution and adjustments - Resource and overhead costing - Material cost accounting |
| Topic 2: Setup and Configuration | - Cost organization and cost book setup - Inventory valuation and accounting setup - Subledger accounting configuration |
| Topic 3: Cost Analysis and Reporting | - Cost reports and inquiries - Cost reconciliation and variance analysis |
| Topic 4: Cost Management Overview | - Costing methods and principles - Cost accounting concepts in Oracle Cloud |
| Topic 5: Integration with Oracle Cloud Applications | - Integration with Financials and Subledger Accounting - Integration with Inventory and Manufacturing |
Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
Select the two valid relationships between subledger components.
- A. The journal lines hold the journal entry rule sets.
- B. The accounting method groups journal entry rule sets by Event Class and Event Type.
- C. The accounting method holds the accounting rules by Event Class and Event Type.
- D. Journal entry rules are used to hold accounting rules.
- E. Journal entry rule sets hold journal rules and accounting rules.
Correct Answer: D,E 🗳️
Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).
Which four steps need to be completed to establish standard costs for a make item?
- A. Complete cost roll-up
- B. Export item costs
- C. Add standard costs to a cost scenario
- D. Run preprocessor
- E. Create a new cost scenario
- F. Publish costs
Correct Answer: A,C,E,F 🗳️
Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).
Which two rules determine whether a condition has been met for accounting rules?
- A. After all conditions are tested, the final resulting value is used.
- B. Priorities determine the order in which accounting rule conditions are examined.
- C. Use parenthesis to control the order of the condition evaluation.
- D. When the condition is met, the rule associated with that priority is used.
- E. The conditions are evaluated in the sequence they are defined in the accounting rule.
Correct Answer: B,D 🗳️
Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).
You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?
- A. Reference Types
- B. Trade Operation Templates
- C. Charge Name
- D. Trade Operation
- E. Routes
Correct Answer: C 🗳️
Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).
You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assembly shows "0" cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
Identify two reasons this happened.
- A. The Work Definition is incomplete.
- B. Burdens have not been established for the item
- C. The item has no on-hand inventory.
- D. The assembly item is marked as Perpetual Average costed.
- E. Outstanding purchase orders have not been received.
Correct Answer: A,D 🗳️
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