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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

Question 1

Identify three characteristics of cost component to cost element mapping.

A. You can only define one cost component to cost element mapping for an installation.
B. It is one of the attributes you define as part of your cost profile definitions.
C. It lets you define how cost component level costs will map into cost elements.
D. It is user-defined.
E. You cannot modify, duplicate, or create user-defined cost components.

Question 2

Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
How do you accomplish this?

A. Write a custom report.
B. Turn off merge matching lines in the journal line rule.
C. Turn off the summarize flag in the journal line rule.
D. Extract distribution accounting entries.
E. Turn on detailed posting for GL in the ledger setup.

Question 3

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

Question 4

Which four statements describe what is unique about Cost Accounting for items received into inventory as consigned?

A. There is no difference between owned inventory and consigned inventory.
B. The quantity is tracked in inventory but not as an asset until there is an ownership event
C. A consumption can automatically trigger a momentary ownership transaction before the consumption transaction.
D. Consigned items cannot appear on inventory reports with information about the eventual value of the consigned item.
E. The liability for a consigned item occurs when there is an ownership event.
F. Consigned items can appear on inventory reports with information about the eventual value of the consigned item

Question 5

You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?

A. Trade Operation
B. Reference Types
C. Trade Operation Templates
D. Charge Name
E. Routes

Solutions: