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

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?

A) It can help you with consolidated financial reporting.
B) It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.
C) It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.
D) It is only used when you do not need to maintain an arm's length relationship.
E) It can help you understand true margins and value added by internal business units through the internal supply chain.

2. Identify two characteristics of Landed Cost charge names.

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

3. Landed Cost Variance Analysis can be performed based on which three dimension combinations?

A) Item Category/Material Supplier/Landed Cost Charge
B) Inventory Organization/Landed Cost Charge/Third Party Supplier
C) Item Catalog/Inventory Organization/Business Unit
D) Item/Business Unit/Route
E) Business Unit/Landed Cost Charge/Cost Organization

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

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

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

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

Solutions: