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Last Updated: Sep 18, 2026
No. of Questions: 80 Questions & Answers with Testing Engine
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Oracle 1Z1-1074 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2019 Implementation Essentials |
| Exam Number: | 1Z0-1074 |
| Real Exam Qty: | 50-70 |
| Available Languages: | English |
| Certificate Validity Period: | Oracle certifications typically do not expire |
| Passing Score: | 60-65% |
| Exam Format: | Multiple Choice, Multiple Select |
| Related Certifications: | Oracle ERP Cloud Certification Track Oracle Manufacturing and Supply Chain Cloud |
| Exam Price: | USD 245 |
| Exam Duration: | 120 minutes |
| Recommended Training: | Oracle University Cost Management Cloud Training |
| Exam Registration: | Oracle Certification Registration Pearson VUE Oracle Exams |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or test center (Pearson VUE) |
| Pre Condition: | Recommended familiarity with Oracle Cloud ERP and supply chain concepts; prior experience with Oracle Inventory or Financials is beneficial |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-1074 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Inventory and Costing Processes | - Inventory valuation methods - Cost accounting for inventory transactions - Receipt accounting and cost updates |
| Cost Management Setup and Configuration | - Cost component structure setup - Cost organization setup - Cost profile and cost method configuration |
| Integration and Advanced Features | - Integration with Oracle Inventory and Procurement - Subledger accounting integration - Cost rollup and standard cost updates |
| Cost Accounting and Period Close | - Period close process in Cost Management Cloud - Reconciliation and adjustments - Cost accounting distributions |
| Cost Analysis and Reporting | - Cost accounting reports - Inventory valuation reporting - Cost analysis tools and dashboards |
Oracle Cost Management Cloud 2019 Implementation Essentials FAQ: The Essentials
Recommended familiarity with Oracle Cloud ERP and supply chain concepts; prior experience with Oracle Inventory or Financials is beneficial Vendor eligibility rules do evolve, so double-check on the official page (official 1Z1-1074 exam page) before you pay the fee.
Yes:
Official courses and our practice set complement each other: learn the theory there, then pressure-test it with the 80 practice questions for the Oracle Cost Management Cloud 2019 Implementation Essentials.
Files first: as an online product, the Oracle Cost Management Cloud 2019 Implementation Essentials material is obtainable immediately after ordering — an automatic email lands in your mailbox within a minute, with unlimited installations and 24/7 help if nothing shows up within 2 hours. Failure is covered too: take the corresponding 1Z1-1074 exam within 60 days of purchase, and if you don't pass, submit a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam for a full refund processed within 7 days. Exclusions apply — exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. A free exchange for two equal-value products is the alternative.
Plan on USD 245 per attempt and 60-65% as the pass mark. Since every retake bills again, rehearse with the 80 practice questions from Exam4Docs first — accurate preparation is cheaper than a second registration.
The Oracle Cost Management Cloud 2019 Implementation Essentials blueprint covers 5 domains — including Integration and Advanced Features, Inventory and Costing Processes, Cost Accounting and Period Close. Treat the weightings as your study budget: heavy domains get heavy hours. The complete outline above lists every subtopic.
120 minutes, 50-70 questions. Build pace by practicing in short bursts on the Exam4Docs APP, then graduate to full timed simulations in the software engine before test day.
Yes — although online products can't be touched, we offer free demos before you really choose. Download the Oracle Cost Management Cloud 2019 Implementation Essentials trial, judge the question quality yourself, and remember every purchase includes 365 days of free updates (renewable at half price after that).
The Oracle Cost Management Cloud 2019 Implementation Essentials is Oracle's exam for the Oracle Cost Management Cloud Implementation Specialist certification, at the Professional level — formal proof of professional ability that employers can verify. Related credentials include Oracle Manufacturing and Supply Chain Cloud, Oracle ERP Cloud Certification Track.
Use the vendor's official registration channels:
The Oracle Cost Management Cloud 2019 Implementation Essentials is delivered Online proctored or test center (Pearson VUE), so select the option that fits you when booking.
Oracle Cost Management Cloud 2019 Implementation Essentials Sample Questions:
Identify four characteristics of a cost element.
- A. Users can define any number of cost elements.
- B. It uses date effectivity.
- C. It is the granularity at which costs are tracked and accounted.
- D. The mapping of cost components into cost elements is user-defined.
- E. It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
- F. It is user-defined.
Correct Answer: B,D,E,F 🗳️
Which three tasks can becompleted in the Receipt Accounting work area?
- A. Review Cost Accounting Distributions
- B. Create Accounting
- C. Manage Accrual Clearing Rules
- D. Review and Approve Item Cost Profiles
- E. Create Receipt Accounting Distributions
- F. Review Item Costs
Correct Answer: A,C,E 🗳️
Identify the four types of cost adjustments.
- A. A revenue recognition event, which in turn triggers a cost of goods sold recognition event, can cause a cost adjustment.
- B. A retroactive purchase order price adjustment can cause an adjustment to the inventory value and the cost of goods sold.
- C. A standard cost update will create an inventory value adjustment.
- D. Authorized users can manually create cost adjustments.
- E. 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.
- F. A change to a requisitionafter the purchase order has been created will create a cost adjustment.
Correct Answer: A,B,D,F 🗳️
You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?
- A. It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.
- B. It is only used when you do not need to maintain an arm's length relationship.
- C. It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.
- D. It can help you understand true margins and value added by internal business units through the internal supply chain.
- E. It can help you with consolidated financial reporting.
Correct Answer: A,C,E 🗳️
Which two rules determine whether a condition has been met for accounting rules?
- A. The conditions are evaluated in the sequence they are defined in the accounting rule.
- B. When the condition is met, the rule associated with thatpriority is used.
- C. After all conditions are tested, the final resulting value isused.
- D. Priorities determine the order in which accounting rule conditions are examined.
- E. Use parenthesis to control the order of the condition evaluation.
Correct Answer: A,B 🗳️
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