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

  • Exam Code: 1Z0-1074-26
  • Exam Name: Oracle Cost Management Cloud 2026 Implementation Professional
  • Updated: Jun 30, 2026
  • Q & A: 82 Questions and Answers

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

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

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


2. In which two scenarios would you define account rules based on value sets?

A) When a secondary ledger has a different COA
B) If a segment shares the same value set across multiple chart of accounts
C) When a chart of accounts is assigned to the value set definition
D) In the absence of a chart of accounts on the accounting method
E) When there is a mapping set to convert the accounts


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) An error will always occur.
D) The preprocessor will pre-warn about this error.
E) Suspense accounts cannot be used.


4. Select the two valid relationships between subledger components.

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


5. Identify four processors available in the cost processor.

A) Cost of Goods Sold Processor
B) Receipt Processor
C) Cost Reports Processor
D) Cost Accounting Processor
E) Cost Distribution Processor
F) Costing Period Processor


Solutions:

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

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