Free Oracle 1Z0-1074-26 Exam Questions

Become Oracle Certified with updated 1Z0-1074-26 exam questions and correct answers

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Total 82 Questions | Updated On: Jun 17, 2026

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Question 1

You have made some changes to your subledger accounting setups for Costing and want to verify that thejournal entries are showing up correctly.How can you generate a report that allows you to see the subledger journal entries for transactions withoutactually transferring to the General Ledger?

A : Run the Create Accounting for Costing process with the following parameters: • Accounting Mode = Draft •Report Style = Detail• Transfer to General Ledger = No • Post in General Ledger = No

B : Run the Transfer Transactions from Inventory to Costing process with the following parameters: • Accounting Mode = Draft • Report Style = Detail • Transfer to General Ledger = No • Post in General Ledger = No

C : Run the Create Cost Accounting Distribution process with the following parameters: • Accounting Mode = Draft • Report Style = Detail • Transfer to General Ledger = No • Post in General Ledger = No

D : Run the Create Cost Accounting Distribution process with the following parameters: • Accounting Mode = Final • Report Style = No report• Transfer to General Ledger = No• Post in General Ledger = No

E : Run the Create Accounting for Costing process with the following parameters: • Accounting Mode = Final • Report Style = No report• Transfer to General Ledger = No• Post in General Ledger = No

Answer: A

Question 2

Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

A : Receipt Accounting

B : Cost Accounting

C : Landed Cost Management

D : Inventory Management

E : Product Model

Answer: A,B

Question 3

Identify two characteristics of Landed Cost charge names.

A : Duty is a seededcharge name for Landed Cost.

B : You can modify a charge name until it is associated with a trade operation.

C : Charge names cannot be used to tie an invoice to a trade operation.

D : You can use multiple currencies within a trade operation for the samecharge name on different lines.

E : Charge names cannot be associated with a PO schedule.

Answer: A,B

Question 4

Which three features are included in Receipt Accounting?

A : Analyze Standard Purchase Cost Variances

B : Create ReceiptAccounting Distribution

C : Review Item Costs

D : Adjust Receipt Accrual Clearing Balances

E : Review Journal Entries

Answer: B,E

Question 5

A chart of accounts (COA) must be specified on the accounting method for which two situations?

A : When using ledgers that have unique accounting requirements

B : When using account combination rules

C : When account combination rules use constants

D : Every accounting method should have a COA.

E : When usingsegment rules

Answer: B,E

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Total 82 Questions | Updated On: Jun 17, 2026

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