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Oracle 1Z0-1074-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Setup and Configuration | - Cost organization and cost book setup - Subledger accounting configuration - Inventory valuation and accounting setup |
| Cost Analysis and Reporting | - Cost reports and inquiries - Cost reconciliation and variance analysis |
| Integration with Oracle Cloud Applications | - Integration with Financials and Subledger Accounting - Integration with Inventory and Manufacturing |
| Cost Management Overview | - Costing methods and principles - Cost accounting concepts in Oracle Cloud |
| Cost Processing | - Material cost accounting - Resource and overhead costing - Cost distribution and adjustments |
Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?
- A. Rule sets that have a mapping set to convert the accounts
- B. Rule sets assigned to a secondary ledger with a different COA
- C. Rule sets where the accounting rules override the method rule set
- D. Rule sets that use the same chart of accounts
- E. Rule sets not associated with any chart of accounts
Correct Answer: D,E 🗳️
Explanation: Only visible for TestPassed members. You can sign-up / login (it's free).
Identify two characteristics of Landed Cost charge names.
- A. You can modify a charge name until it is associated with a trade operation.
- B. Charge names cannot be used to tie an invoice to a trade operation.
- C. Duty is a seeded charge name for Landed Cost.
- D. Charge names cannot be associated with a PO schedule.
- E. You can use multiple currencies within a trade operation for the same charge name on different lines.
Correct Answer: A,E 🗳️
Explanation: Only visible for TestPassed members. You can sign-up / login (it's free).
After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?
- A. Overhead
- B. In-transit
- C. Adjustments
- D. Retro-reprice
- E. Cost of Goods Sold
Correct Answer: B 🗳️
Explanation: Only visible for TestPassed members. You can sign-up / login (it's free).
You can track costs at what granularity level in Cost Accounting for the actual costing method?
- A. Subinventory, Make, Lot, Serial
- B. Subinventory, Lot, Serial, Locator
- C. Grade, Serial, Group, Lot
- D. Subinventory. Lot, Serial, Grade
- E. Grade, Subinventory, Locator, Serial
Correct Answer: D 🗳️
Explanation: Only visible for TestPassed members. You can sign-up / login (it's free).
Which two statements are true about Cost Accounting books? (Choose two.)
- A. Every cost organization must use different book names; they cannot be shared.
- 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. A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
Correct Answer: C,D 🗳️
Explanation: Only visible for TestPassed members. You can sign-up / login (it's free).
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