1Z0-1074-26 Exam Syllabus - Free PDF 2026 1Z0-1074-26: First-grade Oracle Cost Management Cloud 2026 Implementation Professional Latest Exam Forum

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

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

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q55-Q60):

NEW QUESTION # 55
The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?

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

Answer: D

Explanation:
Reference:

NEW QUESTION # 56
Identify four characteristics of a cost element.

A. It uses date effectivity.
B. It is user-defined.
C. It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
D. The mapping of cost components into cost elements is user-defined.
E. Users can define any number of cost elements.
F. It is the granularity at which costs are tracked and accounted.

Answer: A,B,C,D

Explanation:
Reference:

NEW QUESTION # 57
When attempting to open costing periods, your customer is receiving the following error:
Error: You do not have the required permission. You can request that your help desk change your security settings.
What configuration needs to be done so your customer will be able to open the Cost Accounting period?

A. Create Data Access on the Cost Accountant role for the correct cost organization.
B. Create Data Access on the Cost Accountant role for the correct inventory organization.
C. Create Data Access on the Accounts Payable role for the correct cost organization.
D. Create Data Access on the Accounts Payable role for the correct inventory organization.

Answer: A

NEW QUESTION # 58
Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
Which subject area would you select to create this report?

A. Costing -Receipt Accounting Real Time
B. Costing-Cost Accounting Real Time
C. Receipt Accounting- Receipt Accounting Distributions Real Time
D. Receipt Accounting-- Receipt Accounting Transactions Real Time
E. Financials-Subledger Accounting-Detail Transactions

Answer: E

Explanation:
Reference:

NEW QUESTION # 59
If the accounting method does not have an assigned chart of accounts (COA), which option is valid?

A. Any secondary ledger that uses the method cannot have a COA.
B. The accounting method can be assigned to any ledger.
C. The accounting method must have a mapping set to convert the accounts.
D. The accounting method may only be used by ledgers without a COA.
E. Accounting rules cannot override the accounting method.

Answer: B

Explanation:
Reference:

NEW QUESTION # 60
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