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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. You have an item with two work definitions. One work definition is production priority 1 and named Plan A. Another work definition is production priority 2 and named Plan B. In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B.

A) While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
B) The application will use the work definition that is named Plan B.
C) The cost planning scenario will use both work definitions for the item.
D) The scenario will choose the work definition that is production priority 1.
E) The application will generate an error because there are two work definitions for the same item.

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

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

4. Which statement is true regarding the cost cutoff date in Cost Accounting?

A) It only affects whether or not you can process a cost adjustment.
B) Transactions with a transaction date after the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is later than the transaction date.
C) Transactions with a transaction date before the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is before the transaction date.
D) Transactions with a transaction date after the cost cutoff date will not be processed. These transactions will never be processed in any subsequent cost processor run.

5. If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings? (Choose Three)

A) Query the transaction from Review Cost Accounting Distributions to see the error message.
B) Refer to the Accounting Event Diagnostic Log.
C) Review errors in the Create Accounting Execution report.
D) Review errors in the Create Accounting Execution log.
E) Refer to the Accounting Event Diagnostic report.

Solutions: