2026 1Z0-1074-26: Oracle Cost Management Cloud 2026 Implementation Professional Latest Examcollection Vce

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

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

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q31-Q36):

NEW QUESTION # 31
Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

A. Cost Accounting
B. Landed Cost Management
C. Product Model
D. Receipt Accounting
E. Inventory Management

Answer: E

Explanation:
Reference:

NEW QUESTION # 32
Which three cost planning tasks can be performed in the Cost Accounting work area?

A. Review Work Order Costs
B. Manage Resource Rates
C. Review Item Costs
D. Estimating Standard Costs for Assemblies
E. Management Cost Accounting Periods
F. Analyzing and Comparing Costs

Answer: B,D,F

Explanation:
Reference:
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_C97AC111350F0D3EE040D30A68814D11

NEW QUESTION # 33
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 Period Validation Status
C. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Transactions
D. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Transactions
E. Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting Transactions

Answer: C

Explanation:
Reference:

NEW QUESTION # 34
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-Cost Accounting Real Time
B. Receipt Accounting-- Receipt Accounting Transactions Real Time
C. Receipt Accounting- Receipt Accounting Distributions Real Time
D. Financials-Subledger Accounting-Detail Transactions
E. Costing -Receipt Accounting Real Time

Answer: D

Explanation:
Reference:

NEW QUESTION # 35
Which two rules determine whether a condition has been met for accounting rules?

A. After all conditions are tested, the final resulting value is used.
B. When the condition is met, the rule associated with that priority is used.
C. Priorities determine the order in which accounting rule conditions are examined.
D. Use parenthesis to control the order of the condition evaluation.
E. The conditions are evaluated in the sequence they are defined in the accounting rule.

Answer: B,C

Explanation:
Reference:

NEW QUESTION # 36
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