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Oracle 1z0-1074-22 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Cost Management Cloud 2022 Implementation Professional
Exam Number:1Z0-1074-22
Certificate Validity Period:18 months
Exam Duration:90 minutes
Available Languages:English
Exam Format:Multiple Select, Multiple Choice
Exam Price:USD $245
Passing Score:62%
Real Exam Qty:55
Recommended Training:Implementing Oracle Cost Management Cloud
Oracle Cloud Learning Subscription
Exam Registration:Oracle University Registration
Pearson VUE Scheduling
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored or in-person at Pearson VUE test centers
Pre Condition:No mandatory prerequisites; recommended knowledge of accounting principles and Oracle Cloud SCM
Official Syllabus URL:https://education.oracle.com/ouexam-pexam_1z0-1074-22/pexam_1Z0-1074-22

Oracle 1z0-1074-22 Exam Syllabus Topics:

SectionWeightObjectives
Projects Enabled Supply Chain5%- Describe project-enabled costing
Receipt Accounting20%- Configure accrual at period end
- Manage daily receipt accounting tasks
- Execute receipt accounting processes
- Describe Receipt Accounting work area
Cost Accounting25%- Describe Cost Accounting work area
- Perform cost accounting processes and reporting
- Set up cost accounting structures
- Configure costing methods
Managerial Accounting Overview10%- Explain key concepts of managerial accounting
- Describe integration with Oracle Cloud modules
Standard Costs15%- Analyze and resolve standard cost variances
- Manage cost scenarios
- Create standard costs and rates
Subledger Accounting10%- Troubleshoot accounting exceptions
- Build subledger accounting methods
- Create accounting rules
Landed Cost Management10%- Manage charges and routes
- Explain landed cost concepts
- Configure landed cost framework
Costing & Inventory Foundations5%- Explain inventory configuration

Oracle Cost Management Cloud 2022 Implementation Professional Questions, Answered by Experts

In plain terms, the 1z0-1074-22 exam is Oracle's way of verifying that you deserve the Oracle Cost Management Cloud 2022 Certified Implementation Professional certification, a credential at the Professional level. It tests the Oracle Cost Management Cloud 2022 Implementation Professional objectives through applied, scenario-driven questions — the kind that expose the gap between "read about it" and "can do it." That's why a review system built around realistic questions — practice, error correction, self-improvement — beats textbook re-reading every time.

The Oracle Cost Management Cloud 2022 Implementation Professional exam blueprint spans 8 domains, led by Projects Enabled Supply Chain (5%), Managerial Accounting Overview (10%), and Subledger Accounting (10%). Treat the weightings as your study budget: domains carrying more of the score deserve more of your week. The full topic list is in the exam topics section above — plan against it, not against guesswork.

The Oracle Cost Management Cloud 2022 Implementation Professional exam allows 90 minutes for 55 questions. Before test day, turn that into a rhythm: minutes divided by questions equals your per-item budget, and any item burning double its budget gets flagged and revisited at the end. Rehearse the rhythm under a real timer — every ActualTestsIT test engine session runs one — and finishing with review time becomes your norm, not your hope.

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The certification earned via the Oracle Cost Management Cloud 2022 Implementation Professional exam stays valid for 18 months. Mark the expiry date early and research the recertification path before it looms — a planned renewal is an errand, an expired credential is a project. Since Oracle sets and updates these policies, confirm the current requirements on the official certification page when your window approaches.

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  • Desktop Test Engine — Windows software that simulates the real exam environment, with two practice modes, offline access, and unlimited installations.
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Yes. ActualTestsIT's free Oracle Cost Management Cloud 2022 Implementation Professional PDF demo contains real sample questions with verified answers, so you can evaluate the quality before paying. Every purchase includes 365 days of free updates, and renewing after that costs 50% of the regular price from your member zone. Test-drive first — confident material has nothing to hide.

Continuously. As Oracle adjusts the Oracle Cost Management Cloud 2022 Implementation Professional exam, our experts revise the bank to match — and customer feedback feeds the same review loop, so your suggestions can shape future versions. Updates are free for 365 days via your member zone; track them through the New Releases section or the ActualTestsIT newsletter, and re-check 3-4 days before your exam. Expired products repurchase at 50% off to restart the service.

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Delivery first: your Oracle Cost Management Cloud 2022 Implementation Professional practice questions are downloadable instantly and emailed within one minute of payment — if 2 hours pass, check spam and contact support. Install on as many computers as you need. If the exam doesn't go your way, the 100% Money Back Guarantee applies: take the corresponding exam within 60 days of purchase, and if you don't pass, submit a scanned enrollment slip and your official Score Report PDF within 2 days after the exam — full refunds are processed within 7 days. Not eligible: attempts made within 3 days of purchase, exams never actually taken, free items, and expired orders; the candidate name must match the payer name. Prefer to keep preparing? Exchange for two free exam products of equal value and retain your update service.

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  • Online Test Engine: instant online access from all web browsers, test history and performance review, supports Windows, Mac, Android, and iOS.
  • Update service: 365 days free, driven by continuous expert review and customer feedback; expired products repurchase at a 50% discount from your member zone.
  • 100% Money Back Guarantee: take the corresponding exam within 60 days of purchase, and if you don't pass, submit your enrollment slip and official Score Report within 2 days after the exam for a full refund processed within 7 days — or exchange for two free products of equal value.

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Oracle Cost Management Cloud 2022 Implementation Professional Sample Questions:

At what level can you define item cost profiles?

  • A. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
  • B. Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.
  • C. Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
  • D. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Your client wants their expense items to be accrued at receipt. Which two configurations support this requirement?

  • A. Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at Period End.
  • B. Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals
    > Set Accrue Expense Items to Period End.
  • C. Product Information Management > Search and select item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "No".
  • D. Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals
    > Set Accrue Expense Items to At Receipt.
  • E. Product Information Management > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "Yes".
  • F. Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.
Reveal Solution  Discussion  0

Correct Answer: A,F  🗳️

Universal Containers has a Partner Community. Work Orders are assigned to these partners. Partners are not interacting with Service Appointments or Service Resources. How would a Partner user update the Work Order record from a mobile device?

  • A. Salesforce mobile app
  • B. Work Order records cannot be updated on a mobile device
  • C. Salesforce Touch
  • D. Field service mobile app
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Select the two valid relationships between subledger components.

  • A. Theaccounting method holds the accounting rules by Event Class and Event Type.
  • B. Journal entry rules are used to hold accounting rules.
  • C. The accounting method groups journal entry rule sets by Event Class and Event Type.
  • D. Journal entry rule sets hold journal rules and accounting rules.
  • E. The journal lines hold the journal entry rule sets.
Reveal Solution  Discussion  0

Correct Answer: B,D  🗳️

Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).

Identify two characteristics of Landed Cost charge names.

  • A. Charge namescannot be used to tie an invoice to a trade operation.
  • B. Charge names cannot be associated with a PO schedule.
  • C. Duty is a seeded charge name for Landed Cost.
  • D. You can use multiple currencies within a trade operation for the same charge name on different lines.
  • E. You can modify a charge name until it is associated with a trade operation.
Reveal Solution  Discussion  0

Correct Answer: D,E  🗳️

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