• Exam Code: 1Z0-1074-26
  • Exam Name: Oracle Cost Management Cloud 2026 Implementation Professional
  • Certification Provider: Oracle
  • Corresponding Certification:Oracle Cloud
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1Z0-1074-26
  • Exam Code: 1Z0-1074-26
  • Exam Name: Oracle Cost Management Cloud 2026 Implementation Professional
  • Updated: Oct 08, 2026
  • No. of Questions: 82 Questions and Answers
  • Download Limit: Unlimited

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

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

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

Which two rules determine whether a condition has been met for accounting rules?

  • A. After all conditions are tested, the final resulting value is used.
  • B. Use parenthesis to control the order of the condition evaluation.
  • C. The conditions are evaluated in the sequence they are defined in the accounting rule.
  • D. Priorities determine the order in which accounting rule conditions are examined.
  • E. When the condition is met, the rule associated with that priority is used.
Reveal Solution  Discussion  0

Correct Answer: D,E  🗳️

Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).

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

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

Correct Answer: C,D  🗳️

Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).

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

  • A. When there is a mapping set to convert the accounts
  • B. When a secondary ledger has a different COA
  • C. In the absence of a chart of accounts on the accounting method
  • D. If a segment shares the same value set across multiple chart of accounts
  • E. When a chart of accounts is assigned to the value set definition
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).

At what level can you define item cost profiles?

  • A. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
  • B. Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.
  • C. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
  • D. Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?

  • A. Uninvoiced Receipt Accrual Report
  • B. Accrual Supplier Liability Report
  • C. Receipt Accounting Real Time Report
  • D. Accrual Reconciliation Report
  • E. Accrual Clearing Report
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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