Exam Name: Oracle Cost Management Cloud 2020 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Cost Management Cloud
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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 Price: | USD 245 (varies by region) |
| Certificate Validity Period: | Typically 18 months to 2 years (Oracle policy varies by certification track) |
| Related Certifications: | Oracle Supply Chain Management Cloud Oracle Financials Cloud Oracle Cloud ERP |
| Real Exam Qty: | 60-70 (approx.) |
| Available Languages: | English |
| Exam Format: | Multiple Response, Multiple Choice |
| Exam Duration: | 90 minutes |
| Recommended Training: | Oracle University Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored exam via Oracle Certification / testing provider |
| Pre Condition: | Recommended: familiarity with Oracle Cloud ERP fundamentals and supply chain or financial processes |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z0-1074-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Cost Planning and Control | - Cost control and analysis - Cost planning and budgeting concepts |
| Cost Accounting and Inventory Valuation | - Cost accounting methods - Inventory valuation and costing methods |
| Integration with Oracle Cloud Applications | - Integration with Supply Chain Management Cloud - Integration with Oracle Financials Cloud |
| Cost Management Cloud Setup and Configuration | - Cost organization and cost profiles configuration - Enterprise structures and setup prerequisites |
| Cost Analysis and Reporting | - Cost analysis reports and dashboards - Cost reconciliation and audit processes |
FAQ: Preparing for the Oracle Cost Management Cloud 2020 Implementation Essentials Exam
Three full versions of the 80 practice questions for the Oracle Cost Management Cloud 2020 Implementation Essentials exam, all in one moderately priced package: a printable, expert-prepared PDF with instant download; a Desktop Test Engine for Windows that simulates the real exam with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. You also receive a free demo, 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
Grading scales and fees are published by Oracle and can change; verify the current details on the official site.
Oracle recommends these training resources for the Oracle Cost Management Cloud 2020 Implementation Essentials exam:
Combine the official training with the 80 practice questions from ExamPrepAway — the questions reveal how well the training actually settled.
The Oracle Cost Management Cloud 2020 Implementation Essentials exam gives you 90 minutes to answer 60-70 (approx.). Time management is part of the test — rehearse with the timed mode in the ExamPrepAway Desktop Test Engine until pacing becomes automatic.
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The 1z0-1074-20 exam is an official Oracle certification exam covering the Oracle Cost Management Cloud 2020 Implementation Essentials syllabus detailed above. It counts toward these credentials: Oracle Cloud ERP, Oracle Financials Cloud, Oracle Supply Chain Management Cloud. As the certification grows more important in its field, the exam stays demanding — which is exactly why structured practice matters. ExamPrepAway prepares you with 80 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.
Online proctored exam via Oracle Certification / testing provider Sign up for the Oracle Cost Management Cloud 2020 Implementation Essentials exam through these official channels:
Booked? Your ExamPrepAway practice questions arrive by email within 1 minute, so the countdown to exam day can start immediately.
Recommended: familiarity with Oracle Cloud ERP fundamentals and supply chain or financial processes Since policies evolve, confirm the current requirements on the official Oracle exam page before scheduling.
The official Oracle Cost Management Cloud 2020 Implementation Essentials outline defines 5 content domains. The three heaviest are Cost Planning and Control, Cost Management Cloud Setup and Configuration, and Integration with Oracle Cloud Applications. The full list is in the topics section above, and the 80 practice questions at ExamPrepAway cover each domain.
Oracle Cost Management Cloud 2020 Implementation Essentials Sample Questions:
Which two steps need to be completed to estimate landed costs?
- A. Transfer transactions from the Payables to the Costing process.
- B. Update standard costs.
- C. Transfer transactions from the Inventory to the Costing process.
- D. Allocate charges
- E. Prepare the Material Purchase Order Data process.
Correct Answer: B,D 🗳️
When attempting to open costing periods, your customer is receiving the following error:
Error: You do not have the required permission. You can request that your help desk change your security settings.
What configuration needs to be done so your customer will be able to open the Cost Accounting period?
- A. Create Data Access on the Accounts Payable role for the correct inventory organization.
- B. Create Data Access on the Accounts Payable role for the correct cost organization.
- C. Create Data Access on the Cost Accountant role for the correct cost organization.
- D. Create Data Access on the Cost Accountant role for the correct inventory organization.
Correct Answer: B 🗳️
You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.
What do you need to do for your receipt to show up?
- A. Run the Create Accounting process.
- B. Run the Transfer Costs from Payables to Cost Management process.
- C. Run the Clear Receipt Accrual Balances process.
- D. Run the Transactions from Procurement to Costing process.
- E. Run the Transactions from Receiving to Costing process.
Correct Answer: E 🗳️
Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
Which subject area would you select to create this report?
- A. Costing -Receipt Accounting Real Time
- B. Financials-Subledger Accounting-Detail Transactions
- C. Costing-Cost Accounting Real Time
- D. Receipt Accounting- Receipt Accounting Distributions Real Time
- E. Receipt Accounting-- Receipt Accounting Transactions Real Time
Correct Answer: B 🗳️
Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?
- A. Accrual Clearing Report
- B. Accrual Reconciliation Report
- C. Receipt Accounting Real Time Report
- D. Accrual Supplier Liability Report
- E. Uninvoiced Receipt Accrual Report
Correct Answer: B 🗳️
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