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Oracle 1Z0-1074-26 Exam Syllabus Topics:

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

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q13-Q18):

NEW QUESTION # 13
Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)

A. Layer Inventory Valuation Report
B. Work in Process Inventory Valuation Report
C. Costing Account Balances Report
D. Inventory Valuation Report
E. Cost Accounting Valuation Report
F. COGS and Revenue Matching Report
G. In-transit Valuation Report

Answer: A,C,D,G

Explanation:
Reference:

NEW QUESTION # 14
Identify two reference types used to tie a receipt trade operation to an expense invoice for landing.

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

Answer: A,C

Explanation:
Reference:

NEW QUESTION # 15
After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?

A. Overhead
B. Adjustments
C. Cost of Goods Sold
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 # 16
Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

A. Business Unit and Inventory Organization
B. Legal Entity and Cost Organization
C. Business Unit and Cost Organization
D. Inventory Organization and Legal Entity
E. Business Unit and Legal Entity
F. Inventory Organization and Cost Organization

Answer: A

Explanation:
Reference:

NEW QUESTION # 17
At what level can you define item cost profiles?

A. Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.
B. Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
C. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
D. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.

Answer: A

Explanation:
Reference:

NEW QUESTION # 18
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