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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)

A) Inventory Valuation Report
B) COGS and Revenue Matching Report
C) Layer Inventory Valuation Report
D) Cost Accounting Valuation Report
E) In-transit Valuation Report
F) Costing Account Balances Report
G) Work in Process Inventory Valuation Report

2. Identify two ways that standard cost is calculated.

A) The cost of a configured item is calculated based on the work definition of the model item.
B) Users must manually enter the cost of each configured item; the calculation is not automated.
C) The standard cost is the sum of the cost of the selected option items.
D) The roll-up calculation can be performed to update standard costs for Cost Accounting purposes
E) The standard cost of the configured item is based on the purchase order price quoted by the

3. Identify two purposes of Sub ledger Accounting.

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

4. Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?

A) Uninvoiced Receipt Accrual Report
B) Accrual Supplier Liability Report
C) Accrual Reconciliation Report
D) Accrual Clearing Report
E) Receipt Accounting Real Time Report

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

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

Solutions: