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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Which two statements are true about Cost Accounting books? (Choose two.)

A) A cost organization has one book that posts to the primary ledger.
B) A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
C) Every cost organization must use different book names; they cannot be shared.
D) Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.

2. Which three features are included in Receipt Accounting?

A) Create Receipt Accounting Distribution
B) Adjust Receipt Accrual Clearing Balances
C) Review Item Costs
D) Review Journal Entries
E) Analyze Standard Purchase Cost Variances

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

4. You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?

A) Cost Scenario
B) Trade Operation
C) Routes
D) Orders
E) Charge Name

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 -Receipt Accounting Real Time
B) Receipt Accounting-- Receipt Accounting Transactions Real Time
C) Receipt Accounting- Receipt Accounting Distributions Real Time
D) Financials-Subledger Accounting-Detail Transactions
E) Costing-Cost Accounting Real Time

Solutions: