Oracle 1Z1-1074 : Oracle Cost Management Cloud 2019 Implementation Essentials

Exam Code: 1Z1-1074

Exam Name: Oracle Cost Management Cloud 2019 Implementation Essentials

Updated: Sep 14, 2026

Q & A: 80 Questions and Answers

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About Oracle 1Z1-1074 Exam

An hour or two a day, every day: that modest habit is what actually passes the 1Z1-1074 exam. In 2026, TestkingPDF gives Oracle Cost Management Cloud 2019 Implementation Essentials candidates 80 practice questions engineered for exactly that kind of steady effort.

Oracle 1Z1-1074 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Cost Management Cloud 2019 Implementation Essentials
Exam Number:1Z0-1074
Exam Duration:90 minutes
Certificate Validity Period:18 months
Available Languages:English
Exam Format:Scenario-based Questions, Multiple Choice
Related Certifications:Oracle Cost Management Cloud Implementation Specialist
Real Exam Qty:55-60
Passing Score:64%
Exam Price:USD 245
Recommended Training:Oracle Cost Management Cloud Implementation Training
Oracle Learning Subscriptions
Exam Registration:Pearson VUE Scheduling
Oracle University Registration
Sample Questions:Free Download 1Z1-1074 prep4sure dumps
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 1Z1-1074 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Standard Costs15%- Manage rolled-up costs
- Create standard costs, resource rates, and overhead rates
- Manage cost scenarios
- Analyze and resolve standard cost variances
Topic 2: Costing and Inventory Foundations5%- Common inventory configurations for costing
- Cost organization and cost books setup
Topic 3: Landed Cost10%- Manage landed cost processes
- Landed Cost work area
- Define charge names, reference types, and routes
Topic 4: Managerial Accounting Overview15%- Integration with other Oracle Cloud modules
- Key implementation decision points
- Purpose of cost accounting, receipt accounting, and landed cost
Topic 5: Cost Accounting20%- Cost accounting reporting
- Costing key setups and cost policies
- Run and manage cost accounting processes
- Configure costing methods: Standard, Perpetual, Actual
- Cost Accounting work area
Topic 6: Subledger Accounting15%- Build journal entry rule sets and accounting methods
- Analyze and resolve accounting errors/exceptions
- Create account rules and journal line rules
- Cost accounting and receipt accounting subledger components
Topic 7: Receipt Accounting15%- Perform receipt accounting processes
- Configure Accrue on Receipt and Accrue at Period End
- Receipt Accounting work area
- Receipt accounting reporting
Topic 8: Project Enabled Supply Chain5%- Integrate project costing with inventory
- Setup project-driven supply chain

Everything Candidates Ask About Oracle Cost Management Cloud 2019 Implementation Essentials

Oracle Cost Management Cloud 2019 Implementation Essentials is an official Oracle certification exam, registered under the code 1Z1-1074. Passing it awards the Oracle Cost Management Cloud 2019 Certified Implementation Specialist certification, a credential at the Specialist level. It also connects to Oracle Cost Management Cloud Implementation Specialist. Successfully passing matters to every candidate because the credential keeps working for your career long after exam day.

You will answer 55-60 questions within 90 minutes on the Oracle Cost Management Cloud 2019 Implementation Essentials exam. That combination rewards candidates who practiced under realistic timing, so make timed sessions in the TestkingPDF engine a daily habit; one to two hours a day is enough when every minute rehearses the real thing.

Oracle Cost Management Cloud 2019 Implementation Essentials requires 64% to pass, and official registration costs USD 245. Since every retake charges USD 245 again, diligent daily practice is the cheapest strategy available. Let your TestkingPDF practice scores confirm readiness across several consecutive sessions before you book.

Oracle recommends the following training for Oracle Cost Management Cloud 2019 Implementation Essentials candidates.

Training broadens your technology knowledge; the 80 practice questions in the TestkingPDF 1Z1-1074 package sharpen it into exam-day scoring ability.

Sign-up for Oracle Cost Management Cloud 2019 Implementation Essentials runs through the official channels below.

One logistics note: the exam is delivered Online proctored or onsite at Pearson VUE authorized test centers.

No mandatory prerequisites recommended; hands-on experience with Oracle SCM Cloud and Cost Management preferred

Vendor requirements do change, so verify the current conditions before registering on the official exam page.

The Oracle Cost Management Cloud 2019 Implementation Essentials blueprint covers 8 domains, with the largest being Cost Accounting (20%), Receipt Accounting (15%), and Subledger Accounting (15%). The full topic list is above on this page; it tells you exactly where your daily hour or two earns the most marks.

Yes, download the free demo of the Oracle Cost Management Cloud 2019 Implementation Essentials questions before deciding, and read former customers' comments for an independent verdict. After purchase, new versions download free for one year, and when your product expires you can extend the update service at a 50% discount. Returning customers also enjoy bountiful discounts on future exams.

Your purchase carries a 100% money-back guarantee with defined 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, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. Alternatively, exchange for two other exam products of equal value, free, with your original purchase keeping its update service.

Delivery is instant: download upon payment, with an email copy arriving within one minute. If nothing arrives within 2 hours, check spam and contact our 24/7 agents, who solve problems with infinite patience. Installation is unlimited across your computers.

Oracle Cost Management Cloud 2019 Implementation Essentials Sample Questions:

Question #1

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 -Receipt Accounting Real Time
  • B. Receipt Accounting-- Receipt Accounting Transactions Real Time
  • C. Costing-Cost Accounting Real Time
  • D. Receipt Accounting- Receipt Accounting Distributions Real Time
  • E. Financials-Subledger Accounting-DetailTransactions
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Question #2

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. Validate the sub ledger journal entry rule sets using Validate Journal Entry Rule Set.
  • D. Add the sub ledger journal entry rule sets to the Manage Accounting Methods task.
  • E. Run the "Activate Sub ledger Journal Entry Rule Set Assignments" process.
Reveal Solution  Discussion  0

Correct Answer: C,E  🗳️

Question #3

Identify four processors available in the cost processor.

  • A. Costing Period Processor
  • B. Receipt Processor
  • C. Cost of Goods Sold Processor
  • D. Cost Distribution Processor
  • E. Cost Accounting Processor
  • F. Cost Reports Processor
Reveal Solution  Discussion  0

Correct Answer: C,D,E,F  🗳️

Explanation: Only visible for TestkingPDF members. You can sign-up / login (it's free).

Question #4

Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?

  • A. Accrual Supplier Liability Report
  • B. Uninvoiced Receipt Accrual Report
  • C. Receipt Accounting Real Time Report
  • D. Accrual Clearing Report
  • E. Accrual Reconciliation Report
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Explanation: Only visible for TestkingPDF members. You can sign-up / login (it's free).

Question #5

Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
How will the application select the work definition?

  • A. It must always use the work definition with the October 1, 2015 effective date.
  • B. It will use the work definition with the January 2, 2016effective date.
  • C. You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.
  • D. Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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