What you learn should outlast the exam. The Oracle Cost Management Cloud 2019 Implementation Essentials material from ExamTorrent — 80 practice questions with expert-verified answers — augments your knowledge while it prepares you for 2026 testing.
Oracle 1Z1-1074 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2019 Implementation Essentials |
| Exam Number: | 1Z0-1074 |
| Passing Score: | 70% |
| Real Exam Qty: | 70 |
| Exam Price: | USD 245 (approx) |
| Related Certifications: | Oracle Cost Management Cloud Certified Implementation Specialist |
| Exam Duration: | 105 minutes |
| Exam Format: | Multiple Choice |
| Available Languages: | English |
| Sample Questions: |  |
| Exam Way: | Delivered at Pearson VUE testing centers or via Oracle online proctored exam. |
| Pre Condition: | Recommended hands-on experience with Oracle Cost Management Cloud and foundational training; no mandatory prerequisite exam. |
| Official Syllabus URL: | https://education.oracle.com/oracle-cost-management-cloud-2019-implementation-essentials/pexam_1Z0-1074 |
Oracle 1Z1-1074 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Standard and Actual Costing | - Create Standard Costs, Resource & Overhead Rates - Analyze and Resolve Standard Cost Variances |
| Topic 2: Cost Accounting Setup | - Valuation Structures and Profiles - Cost Elements and Components - Cost Accounting Key Setups |
| Topic 3: Receipt Accounting | - Configuring Receipt Accounting - Managing Receipt Accounting Transactions - Accrue On Receipt and Period End |
| Topic 4: Reporting and Analytics | - Costing Reports - Inventory and Cost Analytics |
| Topic 5: Subledger and Journal Accounting | - Subledger Accounting Integration - Create Journal Line Rules and Accounting Methods |
| Topic 6: Landed Cost Management | - Manage Landed Cost Reference Types and Routes - Configure Landed Cost Management |
| Topic 7: Understanding Oracle Cost Management Cloud | - Overview of Cost Management Cloud - Costing Methods and Policies |
Answers for Oracle 1Z1-1074 Candidates
105 minutes, 70 questions — that's your time budget. Rehearse it: the ExamTorrent online engine runs simulation tests with automatic settings, so pacing becomes trained, not lucky.
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Recommended hands-on experience with Oracle Cost Management Cloud and foundational training; no mandatory prerequisite exam. Eligibility rules change from time to time, so confirm the current requirements on the official page (official 1Z1-1074 exam page) before booking.
The Oracle Cost Management Cloud 2019 Implementation Essentials blueprint spans 7 domains — including Subledger and Journal Accounting, Understanding Oracle Cost Management Cloud, Standard and Actual Costing. The weightings are your study map: allocate hours where the points are. Every subtopic appears in the outline above.
USD 245 (approx) per attempt, 70% to pass. Cost-effective preparation matters here: the 80 practice questions for the Oracle Cost Management Cloud 2019 Implementation Essentials cost a fraction of one retake.
Yes — download the free 1Z1-1074 demo before buying and assess the quality and reliability yourself; it's the best way to avoid wasting money on bootless material. Purchases include 365 days of free updates, renewable later at half price.
The Oracle Cost Management Cloud 2019 Implementation Essentials is Oracle's certification exam for Cost Management Cloud, at the Implementation Specialist level. Passing it demonstrates proficiency with specific technologies — a credential employers from small business to enterprise recognize. Related credentials include Oracle Cost Management Cloud Certified Implementation Specialist.
Oracle Cost Management Cloud 2019 Implementation Essentials Sample Questions:
After "Cost AccountingProcessor" has processed the physical inventory classification of transactions which transaction types will it process next?
- A. Adjustments
- B. Cost of Goods Sold
- C. In-transit
- D. Retro-reprice
- E. Overhead
Correct Answer: E 🗳️
You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?
- A. Run the "Activate Accounting Methods" process.
- B. Add the sub ledger journal entry rule sets to the Manage Journal Entry Rule Set task
- C. Run the "Activate Sub ledger Journal Entry Rule Set Assignments" process.
- D. Validate the sub ledger journal entry rule sets using Validate Journal Entry Rule Set.
- E. Add the sub ledger journal entry rule sets to the Manage Accounting Methods task.
Correct Answer: C,D 🗳️
You are verifying your distributions for yourtransactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.
What do you need to do for your receipt to show up?
- A. Run the Transactions from Receiving to Costing process.
- B. Run the Transactions from Procurement to Costing process.
- C. Run the Clear Receipt Accrual Balances process.
- D. Run the Create Accounting process.
- E. Run theTransfer Costs from Payables to Cost Management process.
Correct Answer: A 🗳️
Which three features are included in Receipt Accounting?
- A. Analyze Standard Purchase Cost Variances
- B. Review Journal Entries
- C. Create ReceiptAccounting Distribution
- D. Adjust Receipt Accrual Clearing Balances
- E. Review Item Costs
Correct Answer: B,C,D 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
Which subject areawould you select to create this report?
- A. Costing-Cost Accounting Real Time
- B. Costing -Receipt Accounting Real Time
- C. Financials-Subledger Accounting-DetailTransactions
- D. Receipt Accounting-- Receipt Accounting Transactions Real Time
- E. Receipt Accounting- Receipt Accounting Distributions Real Time
Correct Answer: C 🗳️
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