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Updated: Aug 11, 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
Exam Price:USD $245
Certificate Validity Period:18 months
Exam Duration:90 minutes
Real Exam Qty:50
Exam Format:Multiple Choice, Scenario-based questions
Available Languages:English
Passing Score:68%
Related Certifications:Oracle Cost Management Cloud Certified Implementation Professional
Oracle SCM Cloud Implementation Professional
Recommended Training:Oracle Cloud Learning Subscription
Oracle SCM Cloud: Cost Management Implementation
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

Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Standard Cost Management15%- Define and maintain standard costs
  • 1. Create cost scenarios
    • 2. Update and publish standard costs
      - Analyze standard cost variances
      • 1. Purchase price variance
        • 2. Usage and rate variances
          Topic 2: Cost Accounting25%- Process and analyze costs
          • 1. Run cost processor
            • 2. Review cost distributions
              • 3. Period-end valuation and close
                - Set up Cost Accounting
                • 1. Define cost methods
                  • 2. Set up cost profiles
                    • 3. Configure cost components and elements
                      Topic 3: Security and Inventory Configuration5%- Configure inventory costing parameters
                      • 1. Organization costing options
                        • 2. Item cost attributes
                          - Set up access control
                          • 1. Define roles and data security
                            Topic 4: Subledger Accounting10%- Review accounting entries
                            • 1. Transfer to General Ledger
                              • 2. Validate subledger journals
                                - Configure accounting rules
                                • 1. Account derivation rules
                                  • 2. Journal line definitions
                                    Topic 5: Supply Chain Financial Orchestration10%- Set up orchestration flows
                                    • 1. Define business events
                                      • 2. Configure financial rules
                                        - Monitor and troubleshoot flows
                                        • 1. Track transaction status
                                          • 2. Resolve exceptions
                                            Topic 6: Landed Cost Management15%- Configure Landed Cost
                                            • 1. Define charge types and rules
                                              • 2. Set up estimated vs actual costs
                                                - Process landed cost transactions
                                                • 1. Reconcile variances
                                                  • 2. Allocate charges
                                                    Topic 7: Receipt Accounting20%- Manage Receipt Accounting transactions
                                                    • 1. Run period-end close
                                                      • 2. Analyze and reconcile accruals
                                                        - Configure Receipt Accounting
                                                        • 1. Receipt accrual process
                                                          • 2. Accrue at period end

                                                            Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

                                                            1. Identify four features provided by the Review Work Order Costs UI when displaying work order

                                                            A) Input Costs
                                                            B) Output Costs
                                                            C) Scrap Costs
                                                            D) Incremental Costs
                                                            E) Standard Cost variances
                                                            F) Variable Costs


                                                            2. You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?

                                                            A) Charge Name
                                                            B) Trade Operation
                                                            C) Orders
                                                            D) Routes
                                                            E) Cost Scenario


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


                                                            4. Which two things must your customer check daily in order to ensure that all their purchase order transactions from that day have been accounted for in Receipt Accounting Distribution?

                                                            A) Review their journal entries, including their sub-ledger accounting events and class where the charges from the purchase orders are going to be charged to.
                                                            B) Review their distributions that show the debit and credit information specific to the Receipt Accounting transaction selected.
                                                            C) Review their Receipt Accounting processes that show whether any processes failed and why.
                                                            D) Review their accrual balances and clear them.
                                                            E) Review their audit receipt accrual clearing balances.


                                                            5. How is the standard cost of a manufactured configured item calculated?

                                                            A) The standard cost is calculated for every possible combination of options under a model
                                                            B) It is based on the material and resource requirements of a released work order.
                                                            C) The standard cost of a model item is calculated.
                                                            D) It is based on the actual cost of the work order after it is completed.


                                                            Solutions:

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

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