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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. A chart of accounts (COA) must be specified on the accounting method for which two situations?

A) When using account combination rules
B) When using ledgers that have unique accounting requirements
C) When account combination rules use constants
D) Every accounting method should have a COA.
E) When using segment rules

2. Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?

A) Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
B) Event Class: Period End Accrual Event Type: Period End Accrual
C) Event Class: Expense Accrual Event Type: Period End Accrual
D) Event Class: Expense Accrual Event Type: Expense Accrual
E) Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual

3. Landed Cost Variance Analysis can be performed based on which three dimension combinations?

A) Item/Business Unit/Route
B) Item Catalog/Inventory Organization/Business Unit
C) Inventory Organization/Landed Cost Charge/Third Party Supplier
D) Business Unit/Landed Cost Charge/Cost Organization
E) Item Category/Material Supplier/Landed Cost Charge

4. After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?

A) In-transit
B) Adjustments
C) Cost of Goods Sold
D) Retro-reprice
E) Overhead

5. Identify two purposes of Sub ledger Accounting.

A) to centralize accounting string generation across all modules
B) to maintain backward compatibility
C) to calculate costs for transactions
D) to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
E) to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger

Solutions: