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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. What are the predefined areas that give you visibility into the status of Receipt Accounting, on the overview page in the Receipt Accounting work area?

A) Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting Transactions
B) Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Transactions
C) Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Period Validation Status
D) Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Transactions
E) Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Period Validation Status

2. Your customer wants to run a report to review account balances for both inventory valuation and cost of goods sold. Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

A) Costing Balances Report
B) Inventory Valuation Report
C) Inventory Account Balances Report
D) Revenue and COGS Matching Report

3. You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work are a. Why can't you see this process?

A) All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.
B) Purchase order information should not be imported into Receipt Accounting.
C) Purchase order information is automatically sent to Receipt Accounting using a real-time method
D) This process can only be scheduled and run from the Receipt Accounting work area
E) You do not have the role to import purchase order information into Receipt Accounting.

4. Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015 effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
How will the application select the work definition?

A) Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.
B) It will use the work definition with the January 2, 2016 effective date.
C) It must always use the work definition with the October 1, 2015 effective date.
D) You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.

5. Identify three Landed Cost Management tasks.

A) View Rolled Up Costs
B) Review Journal Entries
C) Manage Cost Scenarios
D) Create Accounting
E) Perform Allocations
F) Capture Charges

Solutions: