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

Exam Code: 1Z0-1074-26
Exam Name: Oracle Cost Management Cloud 2026 Implementation Professional
Updated: Oct 10, 2026
Q & A: 82 Questions and Answers

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Standard Cost Management	15%	- Analyze standard cost variances 1. Purchase price variance 2. Usage and rate variances - Define and maintain standard costs 1. Update and publish standard costs 2. Create cost scenarios
Topic 2: Subledger Accounting	10%	- Configure accounting rules 1. Journal line definitions 2. Account derivation rules - Review accounting entries 1. Validate subledger journals 2. Transfer to General Ledger
Topic 3: Landed Cost Management	15%	- Configure Landed Cost 1. Set up estimated vs actual costs 2. Define charge types and rules - Process landed cost transactions 1. Allocate charges 2. Reconcile variances
Topic 4: Receipt Accounting	20%	- Configure Receipt Accounting 1. Accrue at period end 2. Receipt accrual process - Manage Receipt Accounting transactions 1. Analyze and reconcile accruals 2. Run period-end close
Topic 5: Supply Chain Financial Orchestration	10%	- Monitor and troubleshoot flows 1. Resolve exceptions 2. Track transaction status - Set up orchestration flows 1. Define business events 2. Configure financial rules
Topic 6: Security and Inventory Configuration	5%	- Set up access control 1. Define roles and data security - Configure inventory costing parameters 1. Organization costing options 2. Item cost attributes
Topic 7: Cost Accounting	25%	- Process and analyze costs 1. Period-end valuation and close 2. Review cost distributions 3. Run cost processor - Set up Cost Accounting 1. Configure cost components and elements 2. Set up cost profiles 3. Define cost methods

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

Question #1

Which two outcomes can happen in create accounting when an account combination returned is end dated?

A. The preprocessor will pre-warn about this error.
B. The original account is stored on the journal line.
C. An alternate account will be used if provided.
D. Suspense accounts cannot be used.
E. An error will always occur.

Reveal Solution Discussion 0

Correct Answer: B,C 🗳️