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Oracle 1Z0-1074-26 Exam Syllabus Topics:

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

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

You can track costs at what granularity level in Cost Accounting for the actual costing method?

  • A. Subinventory. Lot, Serial, Grade
  • B. Grade, Serial, Group, Lot
  • C. Grade, Subinventory, Locator, Serial
  • D. Subinventory, Lot, Serial, Locator
  • E. Subinventory, Make, Lot, Serial
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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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 to Sub ledger Accounting.
  • B. Create distributions.
  • C. Transfer transactions from payables.
  • D. Assign accruals to purchase order transactions.
  • E. Transfer transactions from receiving.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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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: Period End Accrual
  • B. Event Class: Expense Accrual Event Type: Period End Accrual
  • C. Event Class: Expense Accrual Event Type: Expense Accrual
  • D. Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
  • E. Event Class: Period End Accrual Event Type: Period End Accrual
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

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Which three features are included in Receipt Accounting?

  • A. Review Journal Entries
  • B. Analyze Standard Purchase Cost Variances
  • C. Review Item Costs
  • D. Create Receipt Accounting Distribution
  • E. Adjust Receipt Accrual Clearing Balances
Reveal Solution  Discussion  0

Correct Answer: A,D,E  🗳️

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In which two scenarios would you define account rules based on value sets?

  • A. In the absence of a chart of accounts on the accounting method
  • B. When there is a mapping set to convert the accounts
  • C. When a secondary ledger has a different COA
  • D. When a chart of accounts is assigned to the value set definition
  • E. If a segment shares the same value set across multiple chart of accounts
Reveal Solution  Discussion  0

Correct Answer: B,E  🗳️

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