Oracle 1Z0-1074 Q&A - in .pdf
- Exam Code: 1Z0-1074
- Exam Name: Oracle Cost Management Cloud 2019 Implementation Essentials
- Updated: Oct 19, 2026
- Q & A: 80 Questions and Answers
- Printable Oracle 1Z0-1074 PDF Format. It is an electronic file format regardless of the operating system platform.
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Oracle 1Z0-1074 Q&A - Testing Engine
- Exam Code: 1Z0-1074
- Exam Name: Oracle Cost Management Cloud 2019 Implementation Essentials
- Updated: Oct 19, 2026
- Q & A: 80 Questions and Answers
- Install on multiple computers for self-paced, at-your-convenience training.
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About Oracle 1Z0-1074 Exam
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Oracle 1Z0-1074 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2019 Implementation Essentials |
| Exam Number: | 1Z0-1074 |
| Exam Price: | USD 245 |
| Related Certifications: | Oracle Cost Management Cloud Implementation Specialist |
| Real Exam Qty: | 55-60 |
| Exam Format: | Scenario-based Questions, Multiple Choice |
| Exam Duration: | 90 minutes |
| Passing Score: | 64% |
| Available Languages: | English |
| Certificate Validity Period: | 18 months |
| Recommended Training: | Oracle Learning Subscriptions Oracle Cost Management Cloud Implementation Training |
| Exam Registration: | Pearson VUE Scheduling Oracle University Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or onsite at Pearson VUE authorized test centers |
| Pre Condition: | No mandatory prerequisites recommended; hands-on experience with Oracle SCM Cloud and Cost Management preferred |
| Official Syllabus URL: | https://education.oracle.com/oracle-cost-management-cloud-2019-implementation-essentials/pexam_1Z0-1074 |
Oracle 1Z0-1074 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Subledger Accounting | 15% | - Build journal entry rule sets and accounting methods - Cost accounting and receipt accounting subledger components - Analyze and resolve accounting errors/exceptions - Create account rules and journal line rules |
| Topic 2: Managerial Accounting Overview | 15% | - Key implementation decision points - Integration with other Oracle Cloud modules - Purpose of cost accounting, receipt accounting, and landed cost |
| Topic 3: Cost Accounting | 20% | - Cost Accounting work area - Configure costing methods: Standard, Perpetual, Actual - Run and manage cost accounting processes - Cost accounting reporting - Costing key setups and cost policies |
| Topic 4: Standard Costs | 15% | - Analyze and resolve standard cost variances - Manage rolled-up costs - Manage cost scenarios - Create standard costs, resource rates, and overhead rates |
| Topic 5: Costing and Inventory Foundations | 5% | - Cost organization and cost books setup - Common inventory configurations for costing |
| Topic 6: Receipt Accounting | 15% | - Receipt accounting reporting - Receipt Accounting work area - Configure Accrue on Receipt and Accrue at Period End - Perform receipt accounting processes |
| Topic 7: Landed Cost | 10% | - Landed Cost work area - Define charge names, reference types, and routes - Manage landed cost processes |
| Topic 8: Project Enabled Supply Chain | 5% | - Integrate project costing with inventory - Setup project-driven supply chain |
1Z0-1074 Exam Essentials: Frequently Asked Questions
Oracle Cost Management Cloud 2019 Implementation Essentials is an official Oracle certification exam, listed under the code 1Z0-1074. Clearing it earns the Oracle Cost Management Cloud 2019 Certified Implementation Specialist certification, a Specialist-level credential. It also ties into Oracle Cost Management Cloud Implementation Specialist, which makes it a useful anchor for a longer certification plan. For employers, the value is simple: the vendor itself has verified what you know.
You will work through 55-60 questions in 90 minutes on the Oracle Cost Management Cloud 2019 Implementation Essentials exam. The content is only half the battle; the clock is the other half. Train both at once: set the TorrentValid test engine to full timed mode, practice skipping and returning to stubborn items, and repeat until finishing with minutes to spare feels normal rather than lucky.
Passing Oracle Cost Management Cloud 2019 Implementation Essentials requires 64%, and the official registration fee is USD 245. Remember that a retake bills the same USD 245 all over again, so winging it is the most expensive strategy on the table. A better approach: benchmark yourself with the TorrentValid practice tests first, and schedule the real exam only once your scores sit comfortably and consistently above the requirement.
No mandatory prerequisites recommended; hands-on experience with Oracle SCM Cloud and Cost Management preferred
Requirements do evolve, so before you spend a registration fee, verify the current conditions on the official exam page.
Registration for Oracle Cost Management Cloud 2019 Implementation Essentials is handled through the vendor's official channels below.
One more detail for your planning: the exam is delivered Online proctored or onsite at Pearson VUE authorized test centers.
Oracle recommends the following training resources for the Oracle Cost Management Cloud 2019 Implementation Essentials exam.
Training tells you what to learn; practice questions teach you how the exam asks it. Pair either with the 80 items in the TorrentValid 1Z0-1074 package and you cover both halves.
Yes. The free demo on this page contains a portion of the complete Oracle Cost Management Cloud 2019 Implementation Essentials question set, enough to judge the accuracy and the clarity of the explanations for yourself. After purchase, updates are free for 365 days, and once your product expires you can extend the update service at a 50% discount.
TorrentValid provides a 100% money-back guarantee with clearly stated conditions. Take the Oracle Cost Management Cloud 2019 Implementation Essentials exam within 60 days of purchase; if you fail, you may claim a full refund, as long as the exam matches your product. Exams taken within 3 days of purchase are not eligible, and neither are products that were downloaded but never used, free materials, or expired orders; the candidate name must match the payer name. File the claim with a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and it is processed within 7 days. If you would rather exchange than refund, you can receive two other exam products of equal value free of charge and keep the update service on your original purchase.
Delivery is immediate: your purchase is downloadable right away and automatically emailed to you within one minute of successful payment. If nothing arrives within 2 hours, check your spam folder and contact customer service. You may install the software on as many computers as you wish.
The official Oracle Cost Management Cloud 2019 Implementation Essentials syllabus comprises 8 domains. The heaviest hitters are Subledger Accounting (15%), Cost Accounting (20%), and Project Enabled Supply Chain (5%). The complete outline sits above on this page; walk it top to bottom and mark every line you could not teach to someone else.
Oracle Cost Management Cloud 2019 Implementation Essentials Sample Questions:
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: Period End Accrual Event Type: Period End Accrual
- B. Event Class:Purchase Order Price Adjustment Event Type: Period End Accrual
- C. Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
- D. Event Class: Expense Accrual Event Type: Expense Accrual
- E. Event Class: Expense Accrual Event Type: Period End Accrual
Correct Answer: A 🗳️
Your client needs to import the relevant transactions and tax determinants for their expense items into ReceiptAccounting. What is the correct sequence of processes to accomplish this?
- A. Transfer Costs to Cost Management, Transfer Transactions from Receiving to Costing
- B. Transfer Transactions from Inventory to Costing, Transfer Costs to Cost Management
- C. Transfer Costs to Cost Management, Transfer Transactions from Inventory to Costing
- D. Transfer Transactions from Receiving to Costing, Transfer Costs to Cost Management
- E. Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing
- F. Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing
Correct Answer: D 🗳️
Identify the four types of cost adjustments.
- A. A retroactive purchase order price adjustment can cause an adjustment to the inventory value and the cost of goods sold.
- B. Authorized users can manually create cost adjustments.
- C. A standard cost update will create an inventory value adjustment.
- D. A revenue recognition event, which in turn triggers a cost of goods sold recognition event, can cause a cost adjustment.
- E. A change to a requisitionafter the purchase order has been created will create a cost adjustment.
- F. When a supplier invoice is processed in accounts payable, it can cause an adjustment to the inventory value and the cost of goods sold if the amounts processed for payment are differentfrom the estimated amount on the purchase order.
Correct Answer: A,B,D,E 🗳️
Trade events for physical shipmentsare interfaced into the Cost Accounting subledger from which module?
- A. Financial Orchestration
- B. Shipping
- C. Order Management
- D. Purchasing
- E. Inventory
Correct Answer: A 🗳️
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 cost organization.
- B. Create Data Access on the Accounts Payable role for the correct inventory organization.
- C. Create Data Access on the Cost Accountant role for the correct inventory organization.
- D. Create Data Access on the Cost Accountant role for the correct cost organization.
Correct Answer: A 🗳️
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