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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. In which two scenarios would you define account rules based on value sets?

A) If a segment shares the same value set across multiple chart of accounts
B) In the absence of a chart of accounts on the accounting method
C) When there is a mapping set to convert the accounts
D) When a secondary ledger has a different COA
E) When a chart of accounts is assigned to the value set definition

2. If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?

A) Rule sets not associated with any chart of accounts
B) Rule sets assigned to a secondary ledger with a different COA
C) Rule sets that use the same chart of accounts
D) Rule sets that have a mapping set to convert the accounts
E) Rule sets where the accounting rules override the method rule set

3. When attempting to open costing periods, your customer is receiving the following error:
Error: You do not have the required permission. You can request that your help desk change your security settings.
What configuration needs to be done so your customer will be able to open the Cost Accounting period?

A) Create Data Access on the Accounts Payable role for the correct inventory organization.
B) Create Data Access on the Cost Accountant role for the correct inventory organization.
C) Create Data Access on the Accounts Payable role for the correct cost organization.
D) Create Data Access on the Cost Accountant role for the correct cost organization.

4. Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?

A) Accrual Supplier Liability Report
B) Receipt Accounting Real Time Report
C) Uninvoiced Receipt Accrual Report
D) Accrual Reconciliation Report
E) Accrual Clearing Report

5. Identify two characteristics of Landed Cost charge names.

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

Solutions: