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

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

Question 1

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 payables.
B. Create distributions.
C. Transfer transactions from receiving.
D. Transfer to Sub ledger Accounting.
E. Assign accruals to purchase order transactions.

Question 2

Identify two reference types used to tie a receipt trade operation to an expense invoice for landing.

A. Internal requisition number
B. Bill of Lading
C. Shipment number
D. Expense invoice number
E. Receipt number

Question 3

Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

A. Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
B. Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
C. Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
D. Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
E. Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs

Question 4

A manager has decided to close the period by not allowing any new transactions, except for corrections and adjustments, which can happen any time before the period is closed permanently.
Which cost period status will allow the system to perform the transaction?

A. Closed
B. Never Opened
C. Permanently Closed
D. Close Pending
E. Open

Question 5

Which four statements describe what is unique about Cost Accounting for items received into inventory as consigned?

A. There is no difference between owned inventory and consigned inventory.
B. Consigned items cannot appear on inventory reports with information about the eventual value of the consigned item.
C. The quantity is tracked in inventory but not as an asset until there is an ownership event
D. The liability for a consigned item occurs when there is an ownership event.
E. Consigned items can appear on inventory reports with information about the eventual value of the consigned item
F. A consumption can automatically trigger a momentary ownership transaction before the consumption transaction.

Solutions: