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Oracle 1Z0-1074-26 - Oracle Cost Management Cloud 2026 Implementation Professional

Updated: Oct 11, 2026

Q & A: 82 Questions and Answers

1Z0-1074-26 Braindumps VCE
  • Exam Code: 1Z0-1074-26
  • Exam Name: Oracle Cost Management Cloud 2026 Implementation Professional

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

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

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

Question #1

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

  • A. Allocate charges
  • B. Prepare the Material Purchase Order Data process.
  • C. Update standard costs.
  • D. Transfer transactions from the Inventory to the Costing process.
  • E. Transfer transactions from the Payables to the Costing process.
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

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Question #2

You have made some changes to your subledger accounting setups for Costing and want to verify that the journal entries are showing up correctly.
How can you generate a report that allows you to see the subledger journal entries for transactions without actually transferring to the General Ledger?

  • A. Run the Create Cost Accounting Distribution process with the following parameters:
  • B. Run the Create Accounting for Costing process with the following parameters:
  • C. Run the Create Cost Accounting Distribution process with the following parameters:
  • D. Run the Create Accounting for Costing process with the following parameters:
  • E. Run the Transfer Transactions from Inventory to Costing process with the following parameters:
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #3

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

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

Correct Answer: E  🗳️

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Question #4

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

  • A. Inventory
  • B. Purchasing
  • C. Order Management
  • D. Financial Orchestration
  • E. Shipping
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #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. Manage the Item Cost task.
  • C. Import standard costs from receipt layers.
  • D. Create Standard Cost in a spreadsheet.
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

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