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

  • Exam Code: 1Z0-1074-26
  • Exam Name: Oracle Cost Management Cloud 2026 Implementation Professional
  • Updated: Jun 29, 2026
  • Q&As: 82 Questions and Answers

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Select the two valid relationships between subledger components.

A) The accounting method holds the accounting rules by Event Class and Event Type.
B) The journal lines hold the journal entry rule sets.
C) Journal entry rules are used to hold accounting rules.
D) Journal entry rule sets hold journal rules and accounting rules.
E) The accounting method groups journal entry rule sets by Event Class and Event Type.


2. 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) Cost Scenario
B) Routes
C) Charge Name
D) Trade Operation
E) Orders


3. Which two outcomes can happen in create accounting when an account combination returned is end dated?

A) The original account is stored on the journal line.
B) An alternate account will be used if provided.
C) The preprocessor will pre-warn about this error.
D) An error will always occur.
E) Suspense accounts cannot be used.


4. If the accounting method does not have an assigned chart of accounts (COA), which option is valid?

A) Accounting rules cannot override the accounting method.
B) The accounting method may only be used by ledgers without a COA.
C) The accounting method can be assigned to any ledger.
D) The accounting method must have a mapping set to convert the accounts.
E) Any secondary ledger that uses the method cannot have a COA.


5. 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) The assembly item is marked as Perpetual Average costed.
C) The Work Definition is incomplete.
D) Outstanding purchase orders have not been received.
E) Burdens have not been established for the item


Solutions:

Question # 1
Answer: C,D
Question # 2
Answer: D
Question # 3
Answer: A,B
Question # 4
Answer: C
Question # 5
Answer: B,C

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