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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Objectives
Cost Management Overview	- Cost accounting concepts in Oracle Cloud - Costing methods and principles
Cost Processing	- Resource and overhead costing - Cost distribution and adjustments - Material cost accounting
Integration with Oracle Cloud Applications	- Integration with Financials and Subledger Accounting - Integration with Inventory and Manufacturing
Setup and Configuration	- Inventory valuation and accounting setup - Cost organization and cost book setup - Subledger accounting configuration
Cost Analysis and Reporting	- Cost reports and inquiries - Cost reconciliation and variance analysis

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Quiz 2026 Oracle Newest 1Z0-1074-26 Valid Dumps Pdf

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q75-Q80):

NEW QUESTION # 75
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. Legal Entity and Cost Organization
E. Business Unit and Legal Entity
F. Inventory Organization and Legal Entity

Answer: A

Explanation:
Reference:

NEW QUESTION # 76
You have an item with two work definitions. One work definition is production priority 1 and named Plan A. Another work definition is production priority 2 and named Plan B. In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B.

A. The scenario will choose the work definition that is production priority 1.
B. The cost planning scenario will use both work definitions for the item.
C. The application will generate an error because there are two work definitions for the same item.
D. While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
E. The application will use the work definition that is named Plan B.

Answer: A

Explanation:
Reference:

NEW QUESTION # 77
When running the Transfer Costs to Cost Management process, where will the primary default source for costs come from and what is the effect?

A. Receipt costs; costs include adjustments.
B. Purchase order costs; item catalog costs can be used.
C. Receivables invoices; actual cost can be used.
D. Payables invoices; invoice price variance can be added to item cost.
E. Requisition costs; validated costs can be used.

Answer: D

Explanation:
Reference:

NEW QUESTION # 78
Which two outcomes can happen in create accounting when an account combination returned is end dated?

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

Answer: C,E

Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/financials/18b/faisl/subledger-accounting-setup.html#FAISL212668

NEW QUESTION # 79
Your client has accounting rules that need specific customization. Which two options allow them to accomplish this? (Choose two)

A. The subledger journal entry rule set does not need the same accounting event class as the accounting method.
B. The subledger journal entry rule set does not need the same accounting event type as the accounting method.
C. Copy and rename predefined subledger journal entry rule sets before modifying them.
D. Journal entry rule sets do not require accounting rules.
E. Use a different journal entry rule set for each ledger with a different accounting convention.

Answer: A,B

Explanation:
Reference:

NEW QUESTION # 80
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