• Exam Code: 1Z0-1074-26
  • Exam Name: Oracle Cost Management Cloud 2026 Implementation Professional
  • Certification Provider: Oracle
  • Corresponding Certification:Oracle Cloud
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Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: Cost Accounting and Distribution- Cost accounting distributions
- Subledger accounting integration
Topic 2: Troubleshooting and Best Practices- Common configuration issues
- Performance and reconciliation best practices
Topic 3: Period Close and Reporting- Cost reports and reconciliation
- Cost period close process
Topic 4: Inventory and Costing Processes- Work in process (WIP) cost flows
- Inventory transactions cost processing
- Receipt accounting and cost updates
Topic 5: Setup and Configuration- Cost component definitions and mappings
- Cost methods and valuation structures
- Cost organizations and cost profiles setup
Topic 6: Cost Management Cloud Overview- Application architecture and key components
- Cost accounting fundamentals in Oracle Cloud

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)

A) Purchase Variance Summary
B) Inventory Valuation
C) Work Order Costs
D) Item Costs
E) Journal Entries
F) Cost Processing


2. Select the two valid relationships between subledger components.

A) The journal lines hold the journal entry rule sets.
B) Journal entry rule sets hold journal rules and accounting rules.
C) The accounting method groups journal entry rule sets by Event Class and Event Type.
D) Journal entry rules are used to hold accounting rules.
E) The accounting method holds the accounting rules by Event Class and Event Type.


3. In which two scenarios would you define account rules based on value sets?

A) When a secondary ledger has a different COA
B) When a chart of accounts is assigned to the value set definition
C) In the absence of a chart of accounts on the accounting method
D) If a segment shares the same value set across multiple chart of accounts
E) When there is a mapping set to convert the accounts


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

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


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


Solutions:

Question # 1
Answer: A,B,C
Question # 2
Answer: B,D
Question # 3
Answer: D,E
Question # 4
Answer: A
Question # 5
Answer: A,D

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