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

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?

A) In-transit
B) Adjustments
C) Cost of Goods Sold
D) Retro-reprice
E) Overhead

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

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

3. Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?

A) Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
B) Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual
C) Event Class: Period End Accrual Event Type: Period End Accrual
D) Event Class: Expense Accrual Event Type: Period End Accrual
E) Event Class: Expense Accrual Event Type: Expense Accrual

4. If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?

A) Rule sets where the accounting rules override the method rule set
B) Rule sets not associated with any chart of accounts
C) Rule sets assigned to a secondary ledger with a different COA
D) Rule sets that use the same chart of accounts
E) Rule sets that have a mapping set to convert the accounts

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

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

Solutions: