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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Objectives
Setup and Configuration	- Inventory valuation and accounting setup - Subledger accounting configuration - Cost organization and cost book setup
Cost Analysis and Reporting	- Cost reports and inquiries - Cost reconciliation and variance analysis
Cost Processing	- Resource and overhead costing - Cost distribution and adjustments - Material cost accounting
Cost Management Overview	- Cost accounting concepts in Oracle Cloud - Costing methods and principles
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 (Q20-Q25):

NEW QUESTION # 20
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 with the highest costing priority
D. Work definitions with the lowest production priority
E. Work definitions without alternates

Answer: B,C

Explanation:
Reference:

NEW QUESTION # 21
Identify two reference types used to tie a receipt trade operation to an expense invoice for landing.

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

Answer: A,C

Explanation:
Reference:

NEW QUESTION # 22
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. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
D. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.

Answer: A

Explanation:
Reference:

NEW QUESTION # 23
After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?

A. Transfer transactions from receiving.
B. Assign accruals to purchase order transactions.
C. Transfer to Sub ledger Accounting.
D. Transfer transactions from payables.
E. Create distributions.

Answer: E

Explanation:
Reference:

NEW QUESTION # 24
Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

A. Inventory
B. Financial Orchestration
C. Shipping
D. Purchasing
E. Order Management

Answer: B

Explanation:
Reference:

NEW QUESTION # 25
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