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Oracle 1Z0-1074-26 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Cost Management Cloud 2026 Implementation Professional |
| Exam Number: | 1Z0-1074-26 |
| Real Exam Qty: | 50 - 60 |
| Certificate Validity Period: | 2 years |
| Passing Score: | ~65% - 70% |
| Exam Format: | Multiple Choice, Multiple Response |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Exam Price: | USD 245 (varies by region/tax) |
| Related Certifications: | Oracle Inventory Cloud Oracle Manufacturing Cloud Oracle Financials Cloud |
| Recommended Training: | Oracle Cost Management Cloud Training Oracle University Learning Subscription |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Portal |
| Sample Questions: | Oracle 1Z0-1074-26 Sample Questions |
| Exam Way: | Online proctored exam via Pearson VUE or test center |
| Pre Condition: | No mandatory prerequisites. Recommended: experience with Oracle Cloud SCM and Financials modules. |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1Z0-1074-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Setup and Configuration | - Cost organization and cost book setup - Inventory valuation and accounting setup - Subledger accounting configuration |
| 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 |
| Cost Processing | - Material cost accounting - Resource and overhead costing - Cost distribution and adjustments |
| Integration with Oracle Cloud Applications | - Integration with Inventory and Manufacturing - Integration with Financials and Subledger Accounting |
Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
1. Identify two characteristics of a cost profile.
A) It is used for calculating the estimated cost of manufactured items under different scenarios.
B) It is where you define which cost method you want to use for the cost component to cost element mapping.
C) It is used for Receipt Accounting.
D) It is where you define your Cost Accounting policies.
2. You have configured the application as follows:
* Expense items are set to accrue at receipt.
* Receipt Close tolerance is set to 75 percent.
* Purchasing Line types are set to 2-way match.
When you create a purchase order, the Accrue on Receipt check box is automatically selected when a line is added.
Which two configurations changes will ensure the Accrue on Receipt check box is not selected by default?
A) Change the Receipt Close tolerance so it is 100 percent.
B) Change the Purchasing Line types to 4-way match.
C) Change expense items to accrue at period end.
D) Change the Purchasing Line types to 3-way match.
E) Change inventory items to accrue at period end.
3. You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?
A) Add the subledger journal entry rule sets to the Manage Accounting Methods task.
B) Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.
C) Run the "Activate Subledger Journal Entry Rule Set Assignments" process.
D) Run the "Activate Accounting Methods" process.
E) Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.
4. Identify four characteristics of a cost element.
A) It is the granularity at which costs are tracked and accounted.
B) It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
C) The mapping of cost components into cost elements is user-defined.
D) It uses date effectivity.
E) Users can define any number of cost elements.
F) It is user-defined.
5. Select two ways to define the standard cost for an item from the Cost Accounting work area.
A) Manage the Standard Cost task.
B) Import standard costs from receipt layers.
C) Manage the Item Cost task.
D) Create Standard Cost in a spreadsheet.
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: B,D | Question # 3 Answer: A,C | Question # 4 Answer: B,C,D,F | Question # 5 Answer: A,D |
By Frederic
