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Oracle 1Z0-1074-26 Exam Syllabus Topics:

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

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q77-Q82):

NEW QUESTION # 77
Which three tasks can be completed in the Receipt Accounting work area?

A. Review Cost Accounting Distributions
B. Create Receipt Accounting Distributions
C. Manage Accrual Clearing Rules
D. Review and Approve Item Cost Profiles
E. Create Accounting
F. Review Item Costs

Answer: A,B,C

Explanation:
Reference:

NEW QUESTION # 78
Which two statements are true about Cost Accounting books? (Choose two.)

A. A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
B. Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.
C. A cost organization has one book that posts to the primary ledger.
D. Every cost organization must use different book names; they cannot be shared.

Answer: A,C

Explanation:
Reference:

NEW QUESTION # 79
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 ledgers that have unique accounting requirements
C. When using account combination rules
D. When using segment rules
E. When account combination rules use constants

Answer: A,D

Explanation:
Reference:

NEW QUESTION # 80
Your client is using Quick Setup to implement Costing. They have a requirement to track costs for manufacturing overhead. How can you make sure that this requirement is met?

A. You can only track costs for Direct Labor and Direct Equipment; this requirement cannot be met.
B. Create the cost in Manage Cost Scenarios.
C. Complete Quick Setup and then create the user-defined cost using the Manage Cost Component task.
D. This requirement will already be met by the default data generated when using Quick Setup.

Answer: D

Explanation:
Reference:

NEW QUESTION # 81
Identify two purposes of Sub ledger Accounting.

A. to maintain backward compatibility
B. to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
C. to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
D. to centralize accounting string generation across all modules
E. to calculate costs for transactions

Answer: B,E

Explanation:
Reference:

NEW QUESTION # 82
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