Passing exam with 1Z0-1074-26 latest training materials
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Updated: Jul 03, 2026
No. of Questions: 82 Questions & Answers with Testing Engine
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
1. Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)
A) Work in Process Inventory Valuation Report
B) Layer Inventory Valuation Report
C) Inventory Valuation Report
D) Costing Account Balances Report
E) In-transit Valuation Report
F) Cost Accounting Valuation Report
G) COGS and Revenue Matching Report
2. Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?
A) Financial Orchestration
B) Purchasing
C) Order Management
D) Inventory
E) Shipping
3. 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.
4. Which three tasks can be completed in the Receipt Accounting work area?
A) Review Cost Accounting Distributions
B) Review Item Costs
C) Review and Approve Item Cost Profiles
D) Manage Accrual Clearing Rules
E) Create Receipt Accounting Distributions
F) Create Accounting
5. Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
Which subject area would you select to create this report?
A) Costing-Cost Accounting Real Time
B) Costing -Receipt Accounting Real Time
C) Financials-Subledger Accounting-Detail Transactions
D) Receipt Accounting-- Receipt Accounting Transactions Real Time
E) Receipt Accounting- Receipt Accounting Distributions Real Time
Solutions:
| Question # 1 Answer: B,C,D,E | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A,D,E | Question # 5 Answer: C |
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