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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. If the accounting method does not have an assigned chart of accounts (COA), which option is valid?

A) Accounting rules cannot override the accounting method.
B) The accounting method can be assigned to any ledger.
C) The accounting method must have a mapping set to convert the accounts.
D) Any secondary ledger that uses the method cannot have a COA.
E) The accounting method may only be used by ledgers without a COA.

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

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

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) 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) Run the "Activate Accounting Methods" process.
E) Run the "Activate Subledger Journal Entry Rule Set Assignments" process.

4. The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?

A) Routes
B) PreReference Types
C) Material Receipts
D) Trade Operation Template
E) Charge Names

5. Identify two characteristics of a cost profile.

A) It is used for Receipt Accounting.
B) It is where you define your Cost Accounting policies.
C) It is used for calculating the estimated cost of manufactured items under different scenarios.
D) It is where you define which cost method you want to use for the cost component to cost element mapping.

Solutions: