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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Identify two reference types used to tie a receipt trade operation to an expense invoice for landing.

A) Internal requisition number
B) Shipment number
C) Receipt number
D) Expense invoice number
E) Bill of Lading

2. After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?

A) Cost of Goods Sold
B) Retro-reprice
C) Adjustments
D) Overhead
E) In-transit

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

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

4. Which three features are included in Receipt Accounting?

A) Adjust Receipt Accrual Clearing Balances
B) Analyze Standard Purchase Cost Variances
C) Review Item Costs
D) Review Journal Entries
E) Create Receipt Accounting Distribution

5. A manager has decided to close the period by not allowing any new transactions, except for corrections and adjustments, which can happen any time before the period is closed permanently.
Which cost period status will allow the system to perform the transaction?

A) Closed
B) Permanently Closed
C) Close Pending
D) Open
E) Never Opened

Solutions: