Oracle Cost Management Cloud 2023 Implementation Essentials: 1z0-1074-23 Exam
"Oracle Cost Management Cloud 2023 Implementation Essentials", also known as 1z0-1074-23 exam, is a Oracle Certification. With the complete collection of questions and answers, PrepAwayPDF has assembled to take you through 80 Q&As to your 1z0-1074-23 Exam preparation. In the 1z0-1074-23 exam resources, you will cover every field and category in Cost Management Cloud Certification helping to ready you for your successful Oracle Certification.
- Exam Code: 1z0-1074-23
- Exam Name: Oracle Cost Management Cloud 2023 Implementation Essentials
- Certification Provider: Oracle
- Corresponding Certification: Cost Management Cloud
- Updated: Sep 12, 2026
- No. of Questions: 80 Questions & Answers with Testing Engine
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Oracle 1z0-1074-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Manufacturing Cost Management | - Production Costing
|
| Topic 2: Troubleshooting and Analysis | - Diagnostics and Exception Handling
|
| Topic 3: Cost Period Close and Reporting | - Period-End Activities
|
| Topic 4: Cost Management Foundations | - Cost Management Architecture
|
| Topic 5: Receipt and Acquisition Costing | - Procurement Costing
|
| Topic 6: Inventory Costing Configuration | - Cost Structures and Cost Elements
|
| Topic 7: Cost Accounting | - Cost Processing
|
Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:
You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?
- A. Activate its journal entry rule set assignments.
- B. Transfer costs to Cost Management.
- C. Execute the Preprocessor.
- D. Create Accounting.
- E. Transfer transactions from Receiving to Costing.
Correct Answer: A 🗳️
Which three tasks can be completed in the Receipt Accounting work area?
- A. Review Cost Accounting Distributions
- B. Review Item Costs
- C. Create Accounting
- D. Create Receipt Accounting Distributions
- E. Review and Approve Item Cost Profiles
- F. Manage Accrual Clearing Rules
Correct Answer: A,D,F 🗳️
Which three features are included in Receipt Accounting?
- A. Review Journal Entries
- B. Analyze Standard Purchase Cost Variances
- C. Create Receipt Accounting Distribution
- D. Review Item Costs
- E. Adjust Receipt Accrual Clearing Balances
Correct Answer: A,C,E 🗳️
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Your customer wants to run a report to review account balances for both inventory valuation and cost of goods sold. Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?
- A. Inventory Account Balances Report
B COGS Account Balances Report - B. Costing Balances Report
- C. Inventory Valuation Report
- D. Revenue and COGS Matching Report
Correct Answer: B,C 🗳️
Identify three Landed Cost Management tasks.
- A. Review Journal Entries
- B. View Rolled Up Costs
- C. Manage Cost Scenarios
- D. Capture Charges
- E. Perform Allocations
- F. Create Accounting
Correct Answer: D,E,F 🗳️
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