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Updated: Sep 25, 2026
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Oracle 1Z0-1074-26 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2026 Implementation Professional |
| Exam Number: | 1Z0-1074-26 |
| Exam Format: | Scenario-based Questions, Multiple Choice |
| Available Languages: | English |
| Related Certifications: | Oracle Cost Management Cloud Implementation Professional |
| Sample Questions: | Oracle 1Z0-1074-26 Sample Questions |
Oracle 1Z0-1074-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Cost Accounting and Distribution | - Subledger accounting integration - Cost accounting distributions |
| Topic 2: Period Close and Reporting | - Cost reports and reconciliation - Cost period close process |
| Topic 3: Inventory and Costing Processes | - Work in process (WIP) cost flows - Receipt accounting and cost updates - Inventory transactions cost processing |
| Topic 4: Troubleshooting and Best Practices | - Performance and reconciliation best practices - Common configuration issues |
| Topic 5: Cost Management Cloud Overview | - Application architecture and key components - Cost accounting fundamentals in Oracle Cloud |
| Topic 6: Setup and Configuration | - Cost methods and valuation structures - Cost organizations and cost profiles setup - Cost component definitions and mappings |
Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
When attempting to open costing periods, your customer is receiving the following error:
Error: You do not have the required permission. You can request that your help desk change your security settings.
What configuration needs to be done so your customer will be able to open the Cost Accounting period?
- A. Create Data Access on the Cost Accountant role for the correct inventory organization.
- B. Create Data Access on the Accounts Payable role for the correct cost organization.
- C. Create Data Access on the Accounts Payable role for the correct inventory organization.
- D. Create Data Access on the Cost Accountant role for the correct cost organization.
Correct Answer: D 🗳️
You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?
- A. Reference Types
- B. Routes
- C. Trade Operation
- D. Charge Name
- E. Trade Operation Templates
Correct Answer: D 🗳️
Explanation: Only visible for Prep4King members. You can sign-up / login (it's free).
You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assembly shows "0" cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
Identify two reasons this happened.
- A. The item has no on-hand inventory.
- B. Burdens have not been established for the item
- C. The Work Definition is incomplete.
- D. The assembly item is marked as Perpetual Average costed.
- E. Outstanding purchase orders have not been received.
Correct Answer: C,D 🗳️
Explanation: Only visible for Prep4King members. You can sign-up / login (it's free).
You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.
What do you need to do for your receipt to show up?
- A. Run the Transactions from Procurement to Costing process.
- B. Run the Transactions from Receiving to Costing process.
- C. Run the Create Accounting process.
- D. Run the Transfer Costs from Payables to Cost Management process.
- E. Run the Clear Receipt Accrual Balances process.
Correct Answer: B 🗳️
Explanation: Only visible for Prep4King members. You can sign-up / login (it's free).
You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?
- A. Routes
- B. Trade Operation
- C. Cost Scenario
- D. Orders
- E. Charge Name
Correct Answer: B 🗳️
Explanation: Only visible for Prep4King members. You can sign-up / login (it's free).
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