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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Objectives
Cost Accounting and Distribution	- Cost accounting distributions - Subledger accounting integration
Troubleshooting and Best Practices	- Common configuration issues - Performance and reconciliation best practices
Inventory and Costing Processes	- Inventory transactions cost processing - Receipt accounting and cost updates - Work in process (WIP) cost flows
Setup and Configuration	- Cost methods and valuation structures - Cost component definitions and mappings - Cost organizations and cost profiles setup
Period Close and Reporting	- Cost reports and reconciliation - Cost period close process
Cost Management Cloud Overview	- Application architecture and key components - Cost accounting fundamentals in Oracle Cloud

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q63-Q68):

NEW QUESTION # 63
Identify four features provided by the Review Work Order Costs UI when displaying work order

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

Answer: A,C,E,F

Explanation:
Reference:

NEW QUESTION # 64
A manager has decided to close the period by not allowing any new transactions, except for corrections and adjustments, which can happen any time before the period is closed permanently.
Which cost period status will allow the system to perform the transaction?

A. Close Pending
B. Never Opened
C. Closed
D. Open
E. Permanently Closed

Answer: C

Explanation:
Reference:

NEW QUESTION # 65
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. Inventory Organization and Cost Organization
D. Business Unit and Legal Entity
E. Inventory Organization and Legal Entity
F. Legal Entity and Cost Organization

Answer: A

Explanation:
Reference:

NEW QUESTION # 66
Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

A. Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
B. Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
C. Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
D. Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
E. Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.

Answer: A

Explanation:
Reference:

NEW QUESTION # 67
Which four steps need to be completed to establish standard costs for a make item?

A. Create a new cost scenario
B. Add standard costs to a cost scenario
C. Run preprocessor
D. Export item costs
E. Publish costs
F. Complete cost roll-up

Answer: A,B,E,F

Explanation:
Reference:

NEW QUESTION # 68
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