Valid Oracle - 1Z0-1074-26 - Reliable Oracle Cost Management Cloud 2026 Implementation Professional Exam Answers

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| Section | Objectives |
|---|
| Topic 1: Cost Management Overview | - Costing methods and principles - Cost accounting concepts in Oracle Cloud
|
| Topic 2: Cost Processing | - Resource and overhead costing - Cost distribution and adjustments - Material cost accounting
|
| Topic 3: Integration with Oracle Cloud Applications | - Integration with Inventory and Manufacturing - Integration with Financials and Subledger Accounting
|
| Topic 4: Setup and Configuration | - Cost organization and cost book setup - Subledger accounting configuration - Inventory valuation and accounting setup
|
| 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 (Q38-Q43):
NEW QUESTION # 38
The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?
- A. PreReference Types
- B. Charge Names
- C. Material Receipts
- D. Routes
- E. Trade Operation Template
Answer: A
Explanation:
Reference:
NEW QUESTION # 39
When attempting to open costing periods, your customer is receiving the following error:
Error: You do not have the required permission. You can request that your help desk change your security settings.
What configuration needs to be done so your customer will be able to open the Cost Accounting period?
- A. Create Data Access on the Accounts Payable role for the correct cost organization.
- B. Create Data Access on the Cost Accountant role for the correct inventory organization.
- C. Create Data Access on the Accounts Payable role for the correct inventory organization.
- D. Create Data Access on the Cost Accountant role for the correct cost organization.
Answer: D
Explanation:
Reference:
NEW QUESTION # 40
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. Assign accruals to purchase order transactions.
- B. Create distributions.
- C. Transfer to Sub ledger Accounting.
- D. Transfer transactions from receiving.
- E. Transfer transactions from payables.
Answer: B
Explanation:
Reference:
NEW QUESTION # 41
A chart of accounts (COA) must be specified on the accounting method for which two situations?
- A. Every accounting method should have a COA.
- B. When using account combination rules
- C. When using segment rules
- D. When account combination rules use constants
- E. When using ledgers that have unique accounting requirements
Answer: A,C
Explanation:
Reference:
NEW QUESTION # 42
Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?
- A. Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
- B. Event Class: Period End Accrual Event Type: Period End Accrual
- C. Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual
- D. Event Class: Expense Accrual Event Type: Period End Accrual
- E. Event Class: Expense Accrual Event Type: Expense Accrual
Answer: B
Explanation:
Reference:
NEW QUESTION # 43
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