Oracle Cost Management Cloud 2026 Implementation Professional : 1Z0-1074-26 Exam Questions

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?

A) Create distributions.
B) Transfer transactions from receiving.
C) Transfer transactions from payables.
D) Transfer to Sub ledger Accounting.
E) Assign accruals to purchase order transactions.

2. Which two things must your customer check daily in order to ensure that all their purchase order transactions from that day have been accounted for in Receipt Accounting Distribution?

A) Review their accrual balances and clear them.
B) Review their journal entries, including their sub-ledger accounting events and class where the charges from the purchase orders are going to be charged to.
C) Review their audit receipt accrual clearing balances.
D) Review their Receipt Accounting processes that show whether any processes failed and why.
E) Review their distributions that show the debit and credit information specific to the Receipt Accounting transaction selected.

3. Which two outcomes can happen in create accounting when an account combination returned is end dated?

A) The original account is stored on the journal line.
B) An alternate account will be used if provided.
C) The preprocessor will pre-warn about this error.
D) An error will always occur.
E) Suspense accounts cannot be used.

4. Identify four processors available in the cost processor.

A) Cost of Goods Sold Processor
B) Costing Period Processor
C) Receipt Processor
D) Cost Distribution Processor
E) Cost Reports Processor
F) Cost Accounting Processor

5. Identify two characteristics of a cost profile.

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

Solutions: