Oracle 1z0-1074-23 Questions & Answers - in .pdf
- Total Q&A: 80
- Update: Jul 23, 2026
- Price: $59.99
- Vendor: Oracle
- Exam Code: 1z0-1074-23
- Exam Name: Oracle Cost Management Cloud 2023 Implementation Essentials
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- Total Q&A: 80
- Update: Jul 23, 2026
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- Vendor: Oracle
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- Exam Name: Oracle Cost Management Cloud 2023 Implementation Essentials
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Oracle 1z0-1074-23 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Cost Management Cloud 2023 Implementation Essentials |
| Exam Number: | 1z0-1074-23 |
| Exam Price: | USD $245 |
| Available Languages: | English, Japanese, Korean, Simplified Chinese |
| Exam Format: | Multiple Choice |
| Exam Duration: | 90 minutes |
| Certificate Validity Period: | 18 months |
| Passing Score: | 62% |
| Related Certifications: | Oracle Supply Chain Management Cloud Oracle Financials Cloud |
| Real Exam Qty: | 55 |
| Recommended Training: | Become a Certified Cost Management Implementer |
| Exam Registration: | Oracle University Exam Registration Pearson VUE Scheduling |
| Sample Questions: | Oracle 1z0-1074-23 Sample Questions |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No formal prerequisites; recommended experience with Oracle SCM/Financials Cloud |
| Official Syllabus URL: | https://education.oracle.com/ouexam-pexam_1z0-1074-23/pexam_1Z0-1074-23 |
Oracle 1z0-1074-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Subledger Accounting | 10% | - Account rules and journal setups - Accounting methods and exceptions |
| Cost Accounting | 25% | - Setup: organizations, books, elements - Processing and daily tasks - Costing methods: standard, perpetual, actual |
| Managerial Accounting Overview | 15% | - Explain cost accounting and integration - Identify key implementation decisions |
| Standard Costs | 15% | - Create and roll up costs - Analyze variances - Manage scenarios and rates |
| Project Enabled Supply Chain | 5% | - Project work order costing - Configuration overview |
| Landed Cost Management | 10% | - Manage charges and routes - Overview and configuration |
| Receipt Accounting | 20% | - Configure accrual options - Overview and work area - Processes and reporting |
Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:
1. Which two statements are true about Cost Accounting books? (Choose two.)
A) Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.
B) A cost organization has one book that posts to the primary ledger.
C) A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
D) Every cost organization must use different book names; they cannot be shared.
2. If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings?(Choose Three)
A) Query the transaction from Review Cost Accounting Distributions to see the error message.
B) Review errors in the Create Accounting Execution log.
C) Refer to the Accounting Event Diagnostic Log.
D) Refer to the Accounting Event Diagnostic report.
E) Review errors in the Create Accounting Execution report.
3. Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?
A) Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
B) Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
C) Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
D) Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
E) Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
4. Identify four processors available in the cost processor.
A) Receipt Processor
B) Cost of Goods Sold Processor
C) Cost Accounting Processor
D) Costing Period Processor
E) Cost Distribution Processor
F) Cost Reports Processor
5. Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that hold normal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.
Which cost policy supports this requirement?
A) Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.
B) Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory.
C) Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization.
D) Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.
E) EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: A,D,E | Question # 3 Answer: D | Question # 4 Answer: B,C,E,F | Question # 5 Answer: E |
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