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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Objectives
Topic 1: Setup and Configuration	- Cost organization and cost book setup - Inventory valuation and accounting setup - Subledger accounting configuration
Topic 2: Cost Processing	- Resource and overhead costing - Cost distribution and adjustments - Material cost accounting
Topic 3: Cost Analysis and Reporting	- Cost reports and inquiries - Cost reconciliation and variance analysis
Topic 4: Cost Management Overview	- Costing methods and principles - Cost accounting concepts in Oracle Cloud
Topic 5: 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 (Q49-Q54):

NEW QUESTION # 49
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 with the highest production priority
C. Work definitions without alternates
D. Work definitions with the highest costing priority
E. Work definitions with the lowest production priority

Answer: B,D

Explanation:
Reference:

NEW QUESTION # 50
What are the predefined areas that give you visibility into the status of Receipt Accounting, on the overview page in the Receipt Accounting work area?

A. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Period Validation Status
B. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Transactions
C. Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting Transactions
D. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Period Validation Status
E. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Transactions

Answer: E

Explanation:
Reference:

NEW QUESTION # 51
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. Use a different journal entry rule set for each ledger with a different accounting convention.
C. Copy and rename predefined subledger journal entry rule sets before modifying them.
D. Journal entry rule sets do not require accounting rules.
E. The subledger journal entry rule set does not need the same accounting event type as the accounting method.

Answer: A,E

Explanation:
Reference:

NEW QUESTION # 52
Identify two reference types used to tie a receipt trade operation to an expense invoice for landing.

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

Answer: A,D

Explanation:
Reference:

NEW QUESTION # 53
Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015 effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
How will the application select the work definition?

A. You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.
B. Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.
C. It must always use the work definition with the October 1, 2015 effective date.
D. It will use the work definition with the January 2, 2016 effective date.

Answer: A

Explanation:
Reference:

NEW QUESTION # 54
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