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

Exam Code: 1Z0-1074-26
Exam Name: Oracle Cost Management Cloud 2026 Implementation Professional
Updated: Sep 27, 2026 Q & A: 82 Questions and Answers

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Weight	Objectives
Supply Chain Financial Orchestration	10%	- Set up orchestration flows 1. Define business events 2. Configure financial rules - Monitor and troubleshoot flows 1. Resolve exceptions 2. Track transaction status
Receipt Accounting	20%	- Configure Receipt Accounting 1. Receipt accrual process 2. Accrue at period end - Manage Receipt Accounting transactions 1. Run period-end close 2. Analyze and reconcile accruals
Subledger Accounting	10%	- Configure accounting rules 1. Journal line definitions 2. Account derivation rules - Review accounting entries 1. Transfer to General Ledger 2. Validate subledger journals
Landed Cost Management	15%	- Configure Landed Cost 1. Set up estimated vs actual costs 2. Define charge types and rules - Process landed cost transactions 1. Allocate charges 2. Reconcile variances
Security and Inventory Configuration	5%	- Configure inventory costing parameters 1. Item cost attributes 2. Organization costing options - Set up access control 1. Define roles and data security
Cost Accounting	25%	- Process and analyze costs 1. Review cost distributions 2. Period-end valuation and close 3. Run cost processor - Set up Cost Accounting 1. Configure cost components and elements 2. Set up cost profiles 3. Define cost methods
Standard Cost Management	15%	- Analyze standard cost variances 1. Purchase price variance 2. Usage and rate variances - Define and maintain standard costs 1. Update and publish standard costs 2. Create cost scenarios

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

Question #1

Identify two characteristics of Landed Cost charge names.

A. Charge names cannot be used to tie an invoice to a trade operation.
B. Charge names cannot be associated with a PO schedule.
C. Duty is a seeded charge name for Landed Cost.
D. You can use multiple currencies within a trade operation for the same charge name on different lines.
E. You can modify a charge name until it is associated with a trade operation.

Reveal Solution Discussion 0

Correct Answer: D,E 🗳️