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

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Identify two purposes of Sub ledger Accounting.

A) to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
B) to maintain backward compatibility
C) to centralize accounting string generation across all modules
D) to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
E) to calculate costs for transactions

2. How is the standard cost of a manufactured configured item calculated?

A) It is based on the actual cost of the work order after it is completed.
B) It is based on the material and resource requirements of a released work order.
C) The standard cost of a model item is calculated.
D) The standard cost is calculated for every possible combination of options under a model

3. Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

A) Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
B) Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
C) Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
D) Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
E) Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs

4. Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

A) Shipping
B) Inventory
C) Financial Orchestration
D) Purchasing
E) Order Management

5. 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 that have a mapping set to convert the accounts
C) Rule sets not associated with any chart of accounts
D) Rule sets assigned to a secondary ledger with a different COA
E) Rule sets that use the same chart of accounts

Solutions: