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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

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

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

2. 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 Cost and Profit Planning and associate with Trade Operations in Landed Costs
B) Define the route in Functional Setup Manager and associate with Trade Operations 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 Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs

3. After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?

A) Adjustments
B) Cost of Goods Sold
C) Overhead
D) In-transit
E) Retro-reprice

4. Which two steps need to be completed to estimate landed costs?

A) Transfer transactions from the Payables to the Costing process.
B) Prepare the Material Purchase Order Data process.
C) Update standard costs.
D) Allocate charges
E) Transfer transactions from the Inventory to the Costing process.

5. You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?

A) It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.
B) It can help you with consolidated financial reporting.
C) It can help you understand true margins and value added by internal business units through the internal supply chain.
D) It is only used when you do not need to maintain an arm's length relationship.
E) It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.

Solutions: