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Oracle 1Z0-1074-26 Exam Syllabus Topics:

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

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q42-Q47):

NEW QUESTION # 42
Identify three Landed Cost Management tasks.

A. Create Accounting
B. Capture Charges
C. View Rolled Up Costs
D. Perform Allocations
E. Manage Cost Scenarios
F. Review Journal Entries

Answer: A,B,D

Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/supply-chain-management/18b/faims/implementing-landed-cost-management.html#FAIMS1854624

NEW QUESTION # 43
You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work are a. Why can't you see this process?

A. You do not have the role to import purchase order information into Receipt Accounting.
B. Purchase order information is automatically sent to Receipt Accounting using a real-time method
C. This process can only be scheduled and run from the Receipt Accounting work area
D. Purchase order information should not be imported into Receipt Accounting.
E. All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.

Answer: B

Explanation:
Reference:

NEW QUESTION # 44
At what level can you define item cost profiles?

A. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
B. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
C. Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
D. Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.

Answer: D

Explanation:
Reference:

NEW QUESTION # 45
Identify four reasons to use the set ID when defining Cost Accounting setups. (Choose four)

A. You don't have to create any definitions for cost books.
B. You can share definitions across multiple cost organizations.
C. You can control which definitions are visible to different cost organizations
D. You can streamline your setup effort.
E. You have the option to share setup data across all cost organizations using the common set.
F. You can take advantage of the business unit-to-set ID mapping defined in Cost Accounting.

Answer: B,D,E,F

Explanation:
Reference:

NEW QUESTION # 46
Select two ways to define the standard cost for an item from the Cost Accounting work area.

A. Manage the Standard Cost task.
B. Create Standard Cost in a spreadsheet.
C. Import standard costs from receipt layers.
D. Manage the Item Cost task.

Answer: A,B

Explanation:
Reference:

NEW QUESTION # 47
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