Exam Name: Oracle Cost Management Cloud 2026 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Updated: Sep 24, 2026
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Oracle 1Z0-1074-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Setup and Configuration | - Inventory valuation and accounting setup - Cost organization and cost book setup - Subledger accounting configuration |
| Topic 2: Cost Analysis and Reporting | - Cost reports and inquiries - Cost reconciliation and variance analysis |
| Topic 3: Cost Management Overview | - Cost accounting concepts in Oracle Cloud - Costing methods and principles |
| Topic 4: Integration with Oracle Cloud Applications | - Integration with Inventory and Manufacturing - Integration with Financials and Subledger Accounting |
| Topic 5: Cost Processing | - Cost distribution and adjustments - Resource and overhead costing - Material cost accounting |
Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?
- A. Business Unit and Cost Organization
- B. Inventory Organization and Legal Entity
- C. Business Unit and Inventory Organization
- D. Legal Entity and Cost Organization
- E. Inventory Organization and Cost Organization
- F. Business Unit and Legal Entity
Correct Answer: C 🗳️
Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).
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. Routes
- B. Trade Operation
- C. Charge Name
- D. Orders
- E. Cost Scenario
Correct Answer: B 🗳️
Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).
Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of their lots differently then others What must they do to accomplish this?
- A. Quick Setup generates valuation units so they just have to access those valuation units and make their changes.
- B. They cannot change their current configuration; data generated by Quick Setup cannot be changed.
- C. They must create their valuation units manually.
- D. Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.
Correct Answer: D 🗳️
Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).
Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015 effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
How will the application select the work definition?
- A. Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.
- B. It will use the work definition with the January 2, 2016 effective date.
- C. You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.
- D. It must always use the work definition with the October 1, 2015 effective date.
Correct Answer: C 🗳️
Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).
After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?
- A. Transfer transactions from receiving.
- B. Transfer transactions from payables.
- C. Assign accruals to purchase order transactions.
- D. Create distributions.
- E. Transfer to Sub ledger Accounting.
Correct Answer: D 🗳️
Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).
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