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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

A) Purchasing
B) Financial Orchestration
C) Shipping
D) Inventory
E) Order Management

2. Your client has accounting rules that need specific customization. Which two options allow them to accomplish this? (Choose two)

A) Copy and rename predefined subledger journal entry rule sets before modifying them.
B) Journal entry rule sets do not require accounting rules.
C) The subledger journal entry rule set does not need the same accounting event type as the accounting method.
D) Use a different journal entry rule set for each ledger with a different accounting convention.
E) The subledger journal entry rule set does not need the same accounting event class as the accounting method.

3. Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)

A) Item Costs
B) Inventory Valuation
C) Purchase Variance Summary
D) Cost Processing
E) Journal Entries
F) Work Order Costs

4. There are freight charges on an invoice. Which two setups are required to get create accounting to enter a separate accounting line for it?

A) Sub ledger accounting is set up to accomplish this out-of-the-box.
B) Line Type must be set to Freight.
C) Create a condition for a journal line for freight.
D) Account Class must be set to Freight.

5. Select the two valid relationships between subledger components.

A) The accounting method holds the accounting rules by Event Class and Event Type.
B) The accounting method groups journal entry rule sets by Event Class and Event Type.
C) The journal lines hold the journal entry rule sets.
D) Journal entry rule sets hold journal rules and accounting rules.
E) Journal entry rules are used to hold accounting rules.

Solutions: