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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

Question 1

Your client needs to import the relevant transactions and tax determinants for their expense items into Receipt Accounting. What is the correct sequence of processes to accomplish this?

A. Transfer Costs to Cost Management, Transfer Transactions from Receiving to Costing
B. Transfer Transactions from Inventory to Costing, Transfer Costs to Cost Management
C. Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing
D. Transfer Costs to Cost Management, Transfer Transactions from Inventory to Costing
E. Transfer Transactions from Receiving to Costing, Transfer Costs to Cost Management
F. Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing

Question 2

The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?

A. Trade Operation Template
B. PreReference Types
C. Routes
D. Material Receipts
E. Charge Names

Question 3

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

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

Question 4

Your customer wants to run a report to review account balances for both inventory valuation and cost of goods sold. Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

A. Inventory Account Balances Report
B. Inventory Valuation Report
C. Revenue and COGS Matching Report
D. Costing Balances Report

Question 5

Your client has accounting rules that need specific customization. Which two options allow them to accomplish this? (Choose two)

A. The subledger journal entry rule set does not need the same accounting event type as the accounting method.
B. Use a different journal entry rule set for each ledger with a different accounting convention.
C. Copy and rename predefined subledger journal entry rule sets before modifying them.
D. The subledger journal entry rule set does not need the same accounting event class as the accounting method.
E. Journal entry rule sets do not require accounting rules.

Solutions: