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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. In which two scenarios would you define account rules based on value sets?

A) If a segment shares the same value set across multiple chart of accounts
B) When a chart of accounts is assigned to the value set definition
C) In the absence of a chart of accounts on the accounting method
D) When a secondary ledger has a different COA
E) When there is a mapping set to convert the accounts

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

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

3. Select two ways to define the standard cost for an item from the Cost Accounting work area.

A) Manage the Item Cost task.
B) Create Standard Cost in a spreadsheet.
C) Import standard costs from receipt layers.
D) Manage the Standard Cost task.

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

5. Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

A) Inventory Organization and Legal Entity
B) Legal Entity and Cost Organization
C) Business Unit and Legal Entity
D) Business Unit and Inventory Organization
E) Business Unit and Cost Organization
F) Inventory Organization and Cost Organization

Solutions: