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: Sep 15, 2026

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Question 1

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

Question 2

Your customer wants to run a report to review account balances for bothinventory valuation and cost of goods sold. Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

A : Inventory Account Balances ReportB COGS Account Balances Report

B : Revenue and COGS Matching Report

C : Costing Balances Report

D : Inventory Valuation Report

Answer: A,C

Question 3

Your client hasaccounting rules that need specific customization. Which two options allow them to accomplish this"1

A : Copy and rename predefined subledger journal entry rule sets before modifying them.

B : Use a different journal entry rule set for each ledger with a different accounting convention.

C : The subledger journal entry rule set does not need the same accounting event class as the accounting method.

D : Journal entry rule sets do not require accounting rules.

E : The subledger journal entry rule set does not needthe same accounting event type as the accounting method.

Answer: A,B

Question 4

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 5

Which statement is true regarding the cost cutoff date in Cost Accounting?

A : It only affects whether or not you can process a cost adjustment.

B : Transactions with a transaction date after the cost cutoff date will not be processed until the cost cutoffdate is changed to a date that is later than the transaction date.

C : Transactions with a transaction date after the cost cutoff date will not be processed. These transactions will never be processed in any subsequent cost processor run.

D : Transactions with a transaction date before the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is before the transaction date.

Answer: B

Page: 1 / 17

Total 82 Questions | Updated On: Sep 15, 2026

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