Oracle 1Z0-1074-26 : Oracle Cost Management Cloud 2026 Implementation Professional

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Identify two reference types used to tie a receipt trade operation to an expense invoice for landing.

A) Shipment number
B) Expense invoice number
C) Receipt number
D) Internal requisition number
E) Bill of Lading

2. You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?

A) Add the subledger journal entry rule sets to the Manage Accounting Methods task.
B) Run the "Activate Subledger Journal Entry Rule Set Assignments" process.
C) Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.
D) Run the "Activate Accounting Methods" process.
E) Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.

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

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

4. Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

A) Landed Cost Management
B) Inventory Management
C) Product Model
D) Cost Accounting
E) Receipt Accounting

5. There are freight charges on an invoice. Which two setups are required to get create accounting to enter a separate accounting line for it?

A) Line Type must be set to Freight.
B) Create a condition for a journal line for freight.
C) Sub ledger accounting is set up to accomplish this out-of-the-box.
D) Account Class must be set to Freight.

Solutions: