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Updated: Aug 17, 2026

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Oracle 1Z0-1074-26 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Cost Management Cloud 2026 Implementation Professional
Exam Number:1Z0-1074-26
Exam Duration:90 minutes
Passing Score:68%
Exam Price:USD $245
Exam Format:Multiple Choice, Scenario-based questions
Related Certifications:Oracle Cost Management Cloud Certified Implementation Professional
Oracle SCM Cloud Implementation Professional
Real Exam Qty:50
Certificate Validity Period:18 months
Available Languages:English
Recommended Training:Oracle Cloud Learning Subscription
Oracle SCM Cloud: Cost Management Implementation
Exam Registration:Oracle University Exam Page
Pearson VUE Registration
Sample Questions:Oracle 1Z0-1074-26 Sample Questions
Exam Way:Online proctored (OnVUE) or in-person at authorized Pearson VUE test centers
Pre Condition:No formal prerequisites; Delta exam available for eligible holders of Cost Management Cloud certifications from 2019 onward
Official Syllabus URL:https://education.oracle.com/ouexam-pexam_1z0-1074-26/pexam_1Z0-1074-26

Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
Supply Chain Financial Orchestration10%- Set up orchestration flows
  • 1. Configure financial rules
    • 2. Define business events
      - Monitor and troubleshoot flows
      • 1. Resolve exceptions
        • 2. Track transaction status
          Security and Inventory Configuration5%- Set up access control
          • 1. Define roles and data security
            - Configure inventory costing parameters
            • 1. Item cost attributes
              • 2. Organization costing options
                Receipt Accounting20%- Manage Receipt Accounting transactions
                • 1. Run period-end close
                  • 2. Analyze and reconcile accruals
                    - Configure Receipt Accounting
                    • 1. Receipt accrual process
                      • 2. Accrue at period end
                        Landed Cost Management15%- Process landed cost transactions
                        • 1. Allocate charges
                          • 2. Reconcile variances
                            - Configure Landed Cost
                            • 1. Set up estimated vs actual costs
                              • 2. Define charge types and rules
                                Subledger Accounting10%- Review accounting entries
                                • 1. Validate subledger journals
                                  • 2. Transfer to General Ledger
                                    - Configure accounting rules
                                    • 1. Journal line definitions
                                      • 2. Account derivation rules
                                        Standard Cost Management15%- Define and maintain standard costs
                                        • 1. Create cost scenarios
                                          • 2. Update and publish standard costs
                                            - Analyze standard cost variances
                                            • 1. Usage and rate variances
                                              • 2. Purchase price variance
                                                Cost Accounting25%- Set up Cost Accounting
                                                • 1. Configure cost components and elements
                                                  • 2. Define cost methods
                                                    • 3. Set up cost profiles
                                                      - Process and analyze costs
                                                      • 1. Review cost distributions
                                                        • 2. Period-end valuation and close
                                                          • 3. Run cost processor

                                                            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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