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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Identify two characteristics of Landed Cost charge names.

A) You can use multiple currencies within a trade operation for the same charge name on different lines.
B) Duty is a seeded charge name for Landed Cost.
C) Charge names cannot be used to tie an invoice to a trade operation.
D) You can modify a charge name until it is associated with a trade operation.
E) Charge names cannot be associated with a PO schedule.

2. Which statement is true regarding the cost cutoff date in Cost Accounting?

A) Transactions with a transaction date before the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is before the transaction date.
B) Transactions with a transaction date after the cost cutoff date will not be processed. These transactions will never be processed in any subsequent cost processor run.
C) Transactions with a transaction date after the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is later than the transaction date.
D) It only affects whether or not you can process a cost adjustment.

3. Which three tasks can be completed in the Receipt Accounting work area?

A) Create Accounting
B) Review Item Costs
C) Review Cost Accounting Distributions
D) Create Receipt Accounting Distributions
E) Manage Accrual Clearing Rules
F) Review and Approve Item Cost Profiles

4. Which four steps need to be completed to establish standard costs for a make item?

A) Run preprocessor
B) Export item costs
C) Create a new cost scenario
D) Complete cost roll-up
E) Add standard costs to a cost scenario
F) Publish costs

5. Which two statements are true about Cost Accounting books? (Choose two.)

A) A cost organization has one book that posts to the primary ledger.
B) Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.
C) Every cost organization must use different book names; they cannot be shared.
D) A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.

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