Learn with Oracle : 1z0-1074-23 training material for 100% pass
Updated: Sep 08, 2026
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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 |
| Available Languages: | English |
| Passing Score: | 68% |
| Certificate Validity Period: | Oracle certifications currently do not have a fixed expiration period, but credential relevance follows Oracle Cloud product release cycles. |
| Exam Format: | Multiple Choice |
| Real Exam Qty: | 50 |
| Related Certifications: | Oracle Cost Management Cloud 2023 Certified Implementation Professional Oracle Fusion Cloud SCM Certification |
| Exam Duration: | 90 minutes |
| Exam Price: | $245 USD |
| Sample Questions: | Oracle 1z0-1074-23 Sample Questions |
| Exam Way: | Online Proctored Exam or Pearson VUE Test Center |
| Pre Condition: | Oracle recommends implementation experience with Oracle Fusion Cloud Supply Chain Management applications and familiarity with inventory, procurement, manufacturing, and cost accounting processes. |
| Official Syllabus URL: | https://education.oracle.com/oracle-cost-management-cloud-2023-implementation-professional/trackp_OMC23CIP |
Oracle 1z0-1074-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Cost Management Foundations | - Cost Management Architecture
|
| Topic 2: Cost Period Close and Reporting | - Period-End Activities
|
| Topic 3: Inventory Costing Configuration | - Cost Structures and Cost Elements
|
| Topic 4: Cost Accounting | - Cost Processing
|
| Topic 5: Troubleshooting and Analysis | - Diagnostics and Exception Handling
|
| Topic 6: Receipt and Acquisition Costing | - Procurement Costing
|
| Topic 7: Manufacturing Cost Management | - Production Costing
|
Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:
Question 1
Identify two reference types used to tie a receipt trade operation to an expense invoice for landing.
A. Receipt number
B. Shipment number
C. Bill of Lading
D. Internal requisition number
E. Expense invoice number
Question 2
If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?
A. Rule sets where the accounting rules override the method rule set
B. Rule sets assigned to a secondary ledger with a different COA
C. Rule sets not associated with any chart of accounts
D. Rule sets that have a mapping set to convert the accounts
E. Rule sets that use the same chart of accounts
Question 3
Which two rules determine whether a condition has been met for accounting rules?
A. After all conditions are tested, the final resulting value is used.
B. Use parenthesis to control the order of the condition evaluation.
C. The conditions are evaluated in the sequence they are defined in the accounting rule.
D. When the condition is met, the rule associated with that priority is used.
E. Priorities determine the order in which accounting rule conditions are examined.
Question 4
Identify two characteristics of a cost profile.
A. It is used for Receipt Accounting.
B. It is where you define which cost method you want to use for the cost component to cost element mapping.
C. It is where you define your Cost Accounting policies.
D. It is used for calculating the estimated cost of manufactured items under different scenarios.
Question 5
Identify two purposes of Sub ledger Accounting.
A. to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
B. to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
C. to maintain backward compatibility
D. to centralize accounting string generation across all modules
E. to calculate costs for transactions
Solutions:
| Question 1 Answer: B,C | Question 2 Answer: C,E | Question 3 Answer: D,E | Question 4 Answer: A,C | Question 5 Answer: B,E |
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