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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. How is the standard cost of a manufactured configured item calculated?

A) It is based on the material and resource requirements of a released work order.
B) The standard cost of a model item is calculated.
C) It is based on the actual cost of the work order after it is completed.
D) The standard cost is calculated for every possible combination of options under a model

2. At what level can you define item cost profiles?

A) Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.
B) Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
C) Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
D) Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.

3. Which three features are included in Receipt Accounting?

A) Review Journal Entries
B) Review Item Costs
C) Analyze Standard Purchase Cost Variances
D) Create Receipt Accounting Distribution
E) Adjust Receipt Accrual Clearing Balances

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

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

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

Solutions: