Learn with Oracle : 1z0-1074-20 training material for 100% pass

Last Updated: Oct 31, 2026

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Oracle 1z0-1074-20 Practice Q&A's

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Oracle 1z0-1074-20 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Cost Management Cloud 2020 Implementation Essentials
Exam Number:1Z0-1074-20
Exam Duration:90 minutes
Available Languages:Spanish, Japanese, Brazilian Portuguese, Korean, English, Simplified Chinese
Passing Score:62%
Exam Format:Multiple Answer, Multiple Choice
Exam Price:USD 245
Real Exam Qty:55-60
Related Certifications:Oracle Cost Management Cloud 2022 Implementation Professional
Oracle Cost Management Cloud 2021 Implementation Essentials
Certificate Validity Period:18 months from certification date
Recommended Training:Oracle Cost Management Cloud: Implement Cost Accounting
Oracle Supply Chain Management Cloud Learning Subscription
Exam Registration:Pearson VUE
Oracle University
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored (OnVUE) or Onsite at Pearson VUE test centers
Pre Condition:No mandatory prerequisites; recommended practical experience with Oracle SCM Cloud and basic accounting knowledge
Official Syllabus URL:https://education.oracle.com/ouexam-pexam_1z0-1074-20/pexam_1Z0-1074-20

Oracle 1z0-1074-20 Exam Syllabus Topics:

SectionWeightObjectives
Receipt Accounting20%- Overview of Receipt Accounting
- Receipt Accounting Setup
- Accrue at Period End
- Analyzing and Reconciling Receipt Balances
Cost Analysis and Reporting5%- Rolled-up Costs and Cost Scenarios
- Cost Accounting Work Area
- Period Close and Reporting
Subledger Accounting15%- Accounting Methods
- Journal Line Rules
- Account Rules and Mapping Sets
- Creating Subledger Journal Entries
Configuring Cost Accounting25%- Cost Elements and Cost Component Groups
- Cost Profiles and Cost Methods
- Quick Setup and Manual Setup
- Cost Organization and Books
Landed Cost Management15%- Landed Cost Concepts
- Managing Landed Cost Charges
- Landed Cost Setup
Introduction to Cost Accounting20%- Integration with other Oracle Cloud Modules
- Overview of Cost Accounting
- Key Implementation Decisions

Oracle 1z0-1074-20 Exam: What Candidates Ask

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Courses build the foundation; then practice smartly with the 80 practice questions for the Oracle Cost Management Cloud 2020 Implementation Essentials — every answer expert-verified.

The Oracle Cost Management Cloud 2020 Implementation Essentials is Oracle's certification exam for Oracle Cost Management Cloud 2020 Certified Implementation Specialist, at the Specialist level. It validates skills employers hire for, which is why it can affect your career and future. Related credentials include Oracle Cost Management Cloud 2021 Implementation Essentials, Oracle Cost Management Cloud 2022 Implementation Professional.

Files arrive by automatic email within a minute of payment — unlimited installations, and 24/7 customer assisting for any login or downloading issues if nothing shows up within 2 hours. If you fail the corresponding 1z0-1074-20 exam within 60 days of purchase, you have options: a full refund (send a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam; processed within 7 days), waiting for the next updated version free, or changing to two other equal-value dumps free. Excluded: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products.

No mandatory prerequisites; recommended practical experience with Oracle SCM Cloud and basic accounting knowledge Vendors revise eligibility rules from time to time, so verify the current requirements on the official page (official 1z0-1074-20 exam page) before booking.

The Oracle Cost Management Cloud 2020 Implementation Essentials blueprint covers 6 domains — including Cost Analysis and Reporting (5%), Receipt Accounting (20%), Landed Cost Management (15%). The weightings tell you where to spend your hours; the complete outline above lists every subtopic.

Through the vendor's official registration channels:

The Oracle Cost Management Cloud 2020 Implementation Essentials is delivered Online proctored (OnVUE) or Onsite at Pearson VUE test centers — choose the arrangement that fits you when booking.

USD 245 per attempt, 62% to pass. A retake bills the full fee again, so prepare smartly: work through the 80 practice questions for the 1z0-1074-20 exam at Exam4Labs before you book.

90 minutes for 55-60 questions. Efficient preparation includes pacing: rehearse timed sets until the clock feels manageable, not menacing.

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Oracle Cost Management Cloud 2020 Implementation Essentials Sample Questions:

Question #1

You have an item with two work definitions. One work definition is production priority 1 and named Plan A.
Another work definition is production priority 2 and named Plan B.
In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B.
How will the application select the work definition?

  • A. While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
  • B. The application will use the work definition that is named Plan B.
  • C. The cost planning scenario will use both work definitions for the item.
  • D. The application will generate an error because there are two work definitions for the same item.
  • E. The scenario will choose the work definition that is production priority 1.
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Question #2

What are the predefined areas that give you visibility into the status of Receipt Accounting, on the overview page in the Receipt Accounting work area?

  • A. Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting Transactions
  • B. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Transactions
  • C. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Transactions
  • D. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Period Validation Status
  • E. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Period Validation Status
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #3

Which two outcomes can happen in create accounting when an account combination returned is end dated?

  • A. An error will always occur.
  • B. Suspense accounts cannot be used.
  • C. The original account is stored on the journal line.
  • D. The preprocessor will pre-warn about this error.
  • E. An alternate account will be used if provided.
Reveal Solution  Discussion  0

Correct Answer: C,E  🗳️

Explanation: Only visible for Exam4Labs members. You can sign-up / login (it's free).

Question #4

Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

  • A. Inventory Organization and Cost Organization
  • B. Business Unit and Legal Entity
  • C. Legal Entity and Cost Organization
  • D. Business Unit and Cost Organization
  • E. Inventory Organization and Legal Entity
  • F. Business Unit and Inventory Organization
Reveal Solution  Discussion  0

Correct Answer: F  🗳️

Question #5

Which two statements are true about Cost Accounting books? (Choose two.)

  • A. Every cost organization must use different book names; they cannot be shared.
  • B. Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary 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. A cost organization has one book that posts to the primary ledger.
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

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