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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Objectives
Topic 1: Cost Management Overview	- Costing methods and principles - Cost accounting concepts in Oracle Cloud
Topic 2: Integration with Oracle Cloud Applications	- Integration with Financials and Subledger Accounting - Integration with Inventory and Manufacturing
Topic 3: Cost Analysis and Reporting	- Cost reconciliation and variance analysis - Cost reports and inquiries
Topic 4: Setup and Configuration	- Inventory valuation and accounting setup - Cost organization and cost book setup - Subledger accounting configuration
Topic 5: Cost Processing	- Material cost accounting - Resource and overhead costing - Cost distribution and adjustments

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q73-Q78):

NEW QUESTION # 73
Identify two reference types used to tie a receipt trade operation to an expense invoice for landing.

A. Internal requisition number
B. Shipment number
C. Expense invoice number
D. Bill of Lading
E. Receipt number

Answer: B,D

Explanation:
Reference:

NEW QUESTION # 74
Landed Cost Variance Analysis can be performed based on which three dimension combinations?

A. Item Catalog/Inventory Organization/Business Unit
B. Item Category/Material Supplier/Landed Cost Charge
C. Inventory Organization/Landed Cost Charge/Third Party Supplier
D. Item/Business Unit/Route
E. Business Unit/Landed Cost Charge/Cost Organization

Answer: A

Explanation:
Reference:

NEW QUESTION # 75
After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?

A. Cost of Goods Sold
B. Adjustments
C. Overhead
D. Retro-reprice
E. In-transit

Answer: E

Explanation:
Cost Accounting Processor processes is consisted of Physical inventory transactions andTrade transactions. Trade Accounting Processor to process all in-transit transactions.
Reference:

NEW QUESTION # 76
Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario

A. Work definitions with specific unit numbers
B. Work definitions without alternates
C. Work definitions with the highest production priority
D. Work definitions with the highest costing priority
E. Work definitions with the lowest production priority

Answer: C,D

Explanation:
Reference:

NEW QUESTION # 77
Identify four reasons to use the set ID when defining Cost Accounting setups. (Choose four)

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

Answer: A,C,D,E

Explanation:
Reference:

NEW QUESTION # 78
......

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