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: Aug 01, 2026

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Question 1

Your client wants their expense items to be accrued at receipt. Which two configurations support this requirement?

A : Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to At Receipt.

B : Configure ProcurementBusiness Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.

C : Product Information Management > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to 'Yes'

D : Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at Period End.

E : Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to Period End.

F : Product Information Management > Search and select item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to 'No'.

Answer: A,F

Question 2

At what level can you define item cost profiles?

A : Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.

B : Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.

C : Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.

D : Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.

Answer: B

Question 3

Your customer has a defined financial route that is not the same as the physical route in that it involvesintermediate nodes (internal business units) that are not part of the physical supply chain.Which pair of tasks are required to define and associate routes in Landed Cost Management?

A : Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.

B : Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs

C : Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs

D : Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.

E : Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs

Answer: B,D

Question 4

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

A : It will use the work definition with the January 2, 2016effective date.

B : 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.

C : It must always use the work definition with the October 1, 2015 effective date.

D : 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.

Answer: B

Question 5

In which two scenarios would you define account rules based on value sets?

A : When a chart of accounts is assigned to the value set definition

B : When asecondary ledger has a different COA

C : In the absence of a chart of accounts on the accounting method

D : When there is a mapping set to convert the accounts

E : If a segment shares the same value set across multiple chart of accounts

Answer: E

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Total 82 Questions | Updated On: Aug 01, 2026

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