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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. 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) Create distributions.
B) Transfer transactions from receiving.
C) Transfer to Sub ledger Accounting.
D) Transfer transactions from payables.
E) Assign accruals to purchase order transactions.

2. Landed Cost Variance Analysis can be performed based on which three dimension combinations?

A) Item Category/Material Supplier/Landed Cost Charge
B) Business Unit/Landed Cost Charge/Cost Organization
C) Inventory Organization/Landed Cost Charge/Third Party Supplier
D) Item Catalog/Inventory Organization/Business Unit
E) Item/Business Unit/Route

3. Which three cost planning tasks can be performed in the Cost Accounting work area?

A) Manage Resource Rates
B) Review Item Costs
C) Review Work Order Costs
D) Analyzing and Comparing Costs
E) Estimating Standard Costs for Assemblies
F) Management Cost Accounting Periods

4. Identify two purposes of Sub ledger Accounting.

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

5. You have an item with two work definitions. One work definition is production priority 1 and named Plan A. Another work definition is production priority 2 and named Plan B. In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B.

A) The application will generate an error because there are two work definitions for the same item.
B) While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
C) The cost planning scenario will use both work definitions for the item.
D) The scenario will choose the work definition that is production priority 1.
E) The application will use the work definition that is named Plan B.

Solutions: