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Updated: Aug 16, 2026
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| Certification Vendor: | Oracle |
| Exam Name: | Oracle Cost Management Cloud 2026 Implementation Professional |
| Exam Number: | 1Z0-1074-26 |
| Exam Format: | Multiple Choice, Scenario-based questions |
| Exam Duration: | 90 minutes |
| Certificate Validity Period: | 18 months |
| Real Exam Qty: | 50 |
| Related Certifications: | Oracle Cost Management Cloud Certified Implementation Professional Oracle SCM Cloud Implementation Professional |
| Available Languages: | English |
| Exam Price: | USD $245 |
| Passing Score: | 68% |
| Recommended Training: | Oracle SCM Cloud: Cost Management Implementation Oracle Cloud Learning Subscription |
| Exam Registration: | Oracle University Exam Page Pearson VUE Registration |
| Sample Questions: | Oracle 1Z0-1074-26 Sample Questions |
| Exam Way: | Online proctored (OnVUE) or in-person at authorized Pearson VUE test centers |
| Pre Condition: | No formal prerequisites; Delta exam available for eligible holders of Cost Management Cloud certifications from 2019 onward |
| Official Syllabus URL: | https://education.oracle.com/ouexam-pexam_1z0-1074-26/pexam_1Z0-1074-26 |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Subledger Accounting | 10% | - Review accounting entries
|
| Topic 2: Receipt Accounting | 20% | - Configure Receipt Accounting
|
| Topic 3: Landed Cost Management | 15% | - Configure Landed Cost
|
| Topic 4: Supply Chain Financial Orchestration | 10% | - Monitor and troubleshoot flows
|
| Topic 5: Cost Accounting | 25% | - Process and analyze costs
|
| Topic 6: Security and Inventory Configuration | 5% | - Configure inventory costing parameters
|
| Topic 7: Standard Cost Management | 15% | - Define and maintain standard costs
|
1. Which three features are included in Receipt Accounting?
A) Review Journal Entries
B) Create Receipt Accounting Distribution
C) Review Item Costs
D) Analyze Standard Purchase Cost Variances
E) Adjust Receipt Accrual Clearing Balances
2. Which four steps need to be completed to establish standard costs for a make item?
A) Create a new cost scenario
B) Export item costs
C) Add standard costs to a cost scenario
D) Complete cost roll-up
E) Publish costs
F) Run preprocessor
3. Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?
A) Event Class: Expense Accrual Event Type: Expense Accrual
B) Event Class: Period End Accrual Event Type: Period End Accrual
C) Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual
D) Event Class: Expense Accrual Event Type: Period End Accrual
E) Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
4. Which four statements describe what is unique about Cost Accounting for items received into inventory as consigned?
A) Consigned items cannot appear on inventory reports with information about the eventual value of the consigned item.
B) The quantity is tracked in inventory but not as an asset until there is an ownership event
C) There is no difference between owned inventory and consigned inventory.
D) Consigned items can appear on inventory reports with information about the eventual value of the consigned item
E) The liability for a consigned item occurs when there is an ownership event.
F) A consumption can automatically trigger a momentary ownership transaction before the consumption transaction.
5. Identify four characteristics of a cost element.
A) It uses date effectivity.
B) It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
C) Users can define any number of cost elements.
D) It is user-defined.
E) It is the granularity at which costs are tracked and accounted.
F) The mapping of cost components into cost elements is user-defined.
Solutions:
| Question # 1 Answer: A,B,E | Question # 2 Answer: A,C,D,E | Question # 3 Answer: B | Question # 4 Answer: A,C,D,E | Question # 5 Answer: A,B,D,F |
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