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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?

A) Add the subledger journal entry rule sets to the Manage Accounting Methods task.
B) Run the "Activate Subledger Journal Entry Rule Set Assignments" process.
C) Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.
D) Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.
E) Run the "Activate Accounting Methods" process.

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

3. Identify two characteristics of an expense pool. (Choose two.)

A) It is a user-defined entity that represents a grouping of expenses that you want to absorb with resource and overhead rates.
B) It helps you analyze under-absorption and over-absorption of expenses that you want to capitalize onto the balance sheet as inventory value.
C) You can define the name of your expense pool, but you cannot define more than one.
D) It is used only for analyzing gross margins on noninventory sales of services.

4. You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?

A) Routes
B) Cost Scenario
C) Trade Operation
D) Charge Name
E) Orders

5. Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

A) Landed Cost Management
B) Product Model
C) Cost Accounting
D) Receipt Accounting
E) Inventory Management

Solutions: