Prepare with Oracle 1Z0-1074-26 exam practice material, pass for sure

Updated: Aug 10, 2026

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Oracle 1Z0-1074-26 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Cost Management Cloud 2026 Implementation Professional
Exam Number:1Z0-1074-26
Passing Score:~65% - 70%
Certificate Validity Period:2 years
Exam Duration:90 minutes
Related Certifications:Oracle Inventory Cloud
Oracle Manufacturing Cloud
Oracle Financials Cloud
Available Languages:English
Exam Format:Multiple Choice, Multiple Response
Exam Price:USD 245 (varies by region/tax)
Real Exam Qty:50 - 60
Recommended Training:Oracle Cost Management Cloud Training
Oracle University Learning Subscription
Exam Registration:Pearson VUE Oracle Exams
Oracle Certification Portal
Sample Questions:Oracle 1Z0-1074-26 Sample Questions
Exam Way:Online proctored exam via Pearson VUE or test center
Pre Condition:No mandatory prerequisites. Recommended: experience with Oracle Cloud SCM and Financials modules.
Official Syllabus URL:https://education.oracle.com/

Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionObjectives
Cost Management Overview- Cost accounting concepts in Oracle Cloud
- Costing methods and principles
Cost Analysis and Reporting- Cost reports and inquiries
- Cost reconciliation and variance analysis
Cost Processing- Resource and overhead costing
- Cost distribution and adjustments
- Material cost accounting
Setup and Configuration- Subledger accounting configuration
- Cost organization and cost book setup
- Inventory valuation and accounting setup
Integration with Oracle Cloud Applications- Integration with Inventory and Manufacturing
- Integration with Financials and Subledger Accounting

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)

A) Cost Processing
B) Inventory Valuation
C) Item Costs
D) Work Order Costs
E) Journal Entries
F) Purchase Variance Summary


2. Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
Which subject area would you select to create this report?

A) Financials-Subledger Accounting-Detail Transactions
B) Receipt Accounting-- Receipt Accounting Transactions Real Time
C) Costing -Receipt Accounting Real Time
D) Costing-Cost Accounting Real Time
E) Receipt Accounting- Receipt Accounting Distributions Real Time


3. 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) The application will generate an error because there are two work definitions for the same item.
B) The application will use the work definition that is named Plan B.
C) The scenario will choose the work definition that is production priority 1.
D) The cost planning scenario will use both work definitions for the item.
E) 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.


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

A) 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.
B) 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.
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) It only affects whether or not you can process a cost adjustment.


5. Which two statements are true about Cost Accounting books? (Choose two.)

A) Every cost organization must use different book names; they cannot be shared.
B) A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
C) Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.
D) A cost organization has one book that posts to the primary ledger.


Solutions:

Question # 1
Answer: B,D,F
Question # 2
Answer: A
Question # 3
Answer: C
Question # 4
Answer: A
Question # 5
Answer: B,D

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