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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assembly shows "0" cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
Identify two reasons this happened.

A) Outstanding purchase orders have not been received.
B) The assembly item is marked as Perpetual Average costed.
C) The item has no on-hand inventory.
D) Burdens have not been established for the item
E) The Work Definition is incomplete.

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

3. Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

A) Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
B) Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
C) Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
D) Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
E) Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs

4. Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that hold normal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.
Which cost policy supports this requirement?

A) Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.
B) EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."
C) Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.
D) Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory.
E) Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization.

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

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

Solutions: