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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. A chart of accounts (COA) must be specified on the accounting method for which two situations?

A) When using account combination rules
B) When using ledgers that have unique accounting requirements
C) When account combination rules use constants
D) Every accounting method should have a COA.
E) When using segment rules

2. Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

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

3. Identify two ways that standard cost is calculated.

A) Users must manually enter the cost of each configured item; the calculation is not automated.
B) The standard cost is the sum of the cost of the selected option items.
C) The roll-up calculation can be performed to update standard costs for Cost Accounting purposes
D) The standard cost of the configured item is based on the purchase order price quoted by the
E) The cost of a configured item is calculated based on the work definition of the model item.

4. 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 the highest costing priority
B) Work definitions with specific unit numbers
C) Work definitions with the lowest production priority
D) Work definitions without alternates
E) Work definitions with the highest production priority

5. Which two steps need to be completed to estimate landed costs?

A) Allocate charges
B) Transfer transactions from the Payables to the Costing process.
C) Prepare the Material Purchase Order Data process.
D) Transfer transactions from the Inventory to the Costing process.
E) Update standard costs.

Solutions: