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Oracle 1Z0-1074-26 Exam Syllabus Topics:

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

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q74-Q79):

NEW QUESTION # 74
Identify two characteristics of a cost profile.

A. It is used for Receipt Accounting.
B. It is used for calculating the estimated cost of manufactured items under different scenarios.
C. It is where you define which cost method you want to use for the cost component to cost element mapping.
D. It is where you define your Cost Accounting policies.

Answer: A,D

Explanation:
Reference:

NEW QUESTION # 75
The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?

A. PreReference Types
B. Material Receipts
C. Routes
D. Charge Names
E. Trade Operation Template

Answer: A

Explanation:
Reference:

NEW QUESTION # 76
In which two scenarios would you define account rules based on value sets?

A. When a chart of accounts is assigned to the value set definition
B. In the absence of a chart of accounts on the accounting method
C. When a secondary ledger has a different COA
D. If a segment shares the same value set across multiple chart of accounts
E. When there is a mapping set to convert the accounts

Answer: D,E

Explanation:
Reference:

NEW QUESTION # 77
Select two ways to define the standard cost for an item from the Cost Accounting work area.

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

Answer: A,D

Explanation:
Reference:

NEW QUESTION # 78
There are freight charges on an invoice. Which two setups are required to get create accounting to enter a separate accounting line for it?

A. Account Class must be set to Freight.
B. Create a condition for a journal line for freight.
C. Line Type must be set to Freight.
D. Sub ledger accounting is set up to accomplish this out-of-the-box.

Answer: A,C

Explanation:
Reference:

NEW QUESTION # 79
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