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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 on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?

A) Rule sets where the accounting rules override the method rule set
B) Rule sets not associated with any chart of accounts
C) Rule sets that have a mapping set to convert the accounts
D) Rule sets that use the same chart of accounts
E) Rule sets assigned to a secondary ledger with a different COA

2. Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that hold normal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.
Which cost policy supports this requirement?

A) Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory.
B) Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.
C) EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."
D) Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.
E) Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization.

3. Which two rules determine whether a condition has been met for accounting rules?

A) Priorities determine the order in which accounting rule conditions are examined.
B) Use parenthesis to control the order of the condition evaluation.
C) After all conditions are tested, the final resulting value is used.
D) The conditions are evaluated in the sequence they are defined in the accounting rule.
E) When the condition is met, the rule associated with that priority is used.

4. Which three features are included in Receipt Accounting?

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

5. Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

A) Inventory Management
B) Cost Accounting
C) Landed Cost Management
D) Product Model
E) Receipt Accounting

Solutions: