Oracle 1Z0-1074-26

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

1. Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario

A) Work definitions with the lowest production priority
B) Work definitions with the highest costing priority
C) Work definitions with the highest production priority
D) Work definitions with specific unit numbers
E) Work definitions without alternates

2. A chart of accounts (COA) must be specified on the accounting method for which two situations?

A) When account combination rules use constants
B) When using account combination rules
C) When using ledgers that have unique accounting requirements
D) Every accounting method should have a COA.
E) When using segment rules

3. Which two rules determine whether a condition has been met for accounting rules?

A) When the condition is met, the rule associated with that priority is used.
B) Use parenthesis to control the order of the condition evaluation.
C) The conditions are evaluated in the sequence they are defined in the accounting rule.
D) Priorities determine the order in which accounting rule conditions are examined.
E) After all conditions are tested, the final resulting value is used.

4. Select the two valid relationships between subledger components.

A) Journal entry rule sets hold journal rules and accounting rules.
B) Journal entry rules are used to hold accounting rules.
C) The accounting method groups journal entry rule sets by Event Class and Event Type.
D) The journal lines hold the journal entry rule sets.
E) The accounting method holds the accounting rules by Event Class and Event Type.

5. 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: Period End Accrual
B) Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual
C) Event Class: Period End Accrual Event Type: Period End Accrual
D) Event Class: Expense Accrual Event Type: Expense Accrual
E) Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual

Solutions: