Oracle 1Z0-1074-26

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
How do you accomplish this?

A) Turn on detailed posting for GL in the ledger setup.
B) Turn off merge matching lines in the journal line rule.
C) Turn off the summarize flag in the journal line rule.
D) Write a custom report.
E) Extract distribution accounting entries.

2. Which three cost planning tasks can be performed in the Cost Accounting work area?

A) Management Cost Accounting Periods
B) Analyzing and Comparing Costs
C) Review Work Order Costs
D) Estimating Standard Costs for Assemblies
E) Manage Resource Rates
F) Review Item Costs

3. Which four steps need to be completed to establish standard costs for a make item?

A) Complete cost roll-up
B) Run preprocessor
C) Add standard costs to a cost scenario
D) Publish costs
E) Export item costs
F) Create a new cost scenario

4. Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of their lots differently then others What must they do to accomplish this?

A) Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.
B) Quick Setup generates valuation units so they just have to access those valuation units and make their changes.
C) They cannot change their current configuration; data generated by Quick Setup cannot be changed.
D) They must create their valuation units manually.

5. Your client has accounting rules that need specific customization. Which two options allow them to accomplish this? (Choose two)

A) Journal entry rule sets do not require accounting rules.
B) The subledger journal entry rule set does not need the same accounting event type as the accounting method.
C) Use a different journal entry rule set for each ledger with a different accounting convention.
D) The subledger journal entry rule set does not need the same accounting event class as the accounting method.
E) Copy and rename predefined subledger journal entry rule sets before modifying them.

Solutions: