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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) Review Cost Accounting Distributions
C) Review Item Costs
D) Create Accounting
E) Manage Accrual Clearing Rules
F) Create Receipt Accounting Distributions

2. You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.
What do you need to do for your receipt to show up?

A) Run the Transactions from Procurement to Costing process.
B) Run the Transactions from Receiving to Costing process.
C) Run the Transfer Costs from Payables to Cost Management process.
D) Run the Clear Receipt Accrual Balances process.
E) Run the Create Accounting process.

3. You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?

A) Transfer costs to Cost Management.
B) Create Accounting.
C) Transfer transactions from Receiving to Costing.
D) Activate its journal entry rule set assignments.
E) Execute the Preprocessor.

4. Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario

A) Work definitions without alternates
B) Work definitions with the highest production priority
C) Work definitions with specific unit numbers
D) Work definitions with the lowest production priority
E) Work definitions with the highest costing priority

5. Which two statements are true about Cost Accounting books? (Choose two.)

A) Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.
B) Every cost organization must use different book names; they cannot be shared.
C) A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
D) A cost organization has one book that posts to the primary ledger.

Solutions: