Oracle 1z0-1074-20 Exam : Oracle Cost Management Cloud 2020 Implementation Essentials
- Exam Code: 1z0-1074-20
- Exam Name: Oracle Cost Management Cloud 2020 Implementation Essentials
- Updated: Oct 19, 2026
- Q & A: 80 Questions and Answers
About Oracle 1z0-1074-20 Exam Questions
Choosing the right dumps is the first step of preparation. DumpsActual, a professional dumps provider in the IT field, supplies the latest Oracle Cost Management Cloud 2020 Implementation Essentials material: 80 practice questions with comprehensive service.
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 |
| Certificate Validity Period: | 18 months from certification date |
| Available Languages: | Korean, Japanese, Brazilian Portuguese, Spanish, English, Simplified Chinese |
| Passing Score: | 62% |
| Exam Format: | Multiple Answer, Multiple Choice |
| Real Exam Qty: | 55-60 |
| Exam Price: | USD 245 |
| Related Certifications: | Oracle Cost Management Cloud 2021 Implementation Essentials Oracle Cost Management Cloud 2022 Implementation Professional |
| Recommended Training: | Oracle Cost Management Cloud: Implement Cost Accounting Oracle Supply Chain Management Cloud Learning Subscription |
| Exam Registration: | Pearson VUE Oracle University |
| Sample Questions: |  |
| 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:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Configuring Cost Accounting | 25% | - Quick Setup and Manual Setup - Cost Organization and Books - Cost Elements and Cost Component Groups - Cost Profiles and Cost Methods |
| Topic 2: Introduction to Cost Accounting | 20% | - Integration with other Oracle Cloud Modules - Key Implementation Decisions - Overview of Cost Accounting |
| Topic 3: Landed Cost Management | 15% | - Landed Cost Setup - Managing Landed Cost Charges - Landed Cost Concepts |
| Topic 4: Subledger Accounting | 15% | - Account Rules and Mapping Sets - Accounting Methods - Creating Subledger Journal Entries - Journal Line Rules |
| Topic 5: Receipt Accounting | 20% | - Accrue at Period End - Receipt Accounting Setup - Analyzing and Reconciling Receipt Balances - Overview of Receipt Accounting |
| Topic 6: Cost Analysis and Reporting | 5% | - Period Close and Reporting - Rolled-up Costs and Cost Scenarios - Cost Accounting Work Area |
Oracle 1z0-1074-20 Exam — Honest Answers
Registration runs through the vendor's official 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 suits you when booking.
Delivery is instant — payment triggers an automatic email within a minute, with unlimited installations and 24/7 assistance if nothing arrives within 2 hours (check spam). Updates arrive the same way: for 365 days, each new version is sent to your mailbox immediately upon release. And if you fail the corresponding 1z0-1074-20 exam within 60 days of purchase, we refund in full: submit a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam, processed within 7 days. Excluded: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. You can also exchange for two equal-value products free.
USD 245 per attempt, 62% to pass. Retakes bill the full fee again — which is why accurate preparation with the 80 practice questions from DumpsActual is the economical route.
Yes — a free Oracle Cost Management Cloud 2020 Implementation Essentials demo is available to download before you decide. Evaluate the questions and answers yourself; every purchase then includes 365 days of free updates, renewable at 50% off afterward.
90 minutes for 55-60 questions. Practice seriously with the clock running — timed sessions in the DumpsActual engine turn time pressure into routine before test day.
Yes:
- Oracle Cost Management Cloud: Implement Cost Accounting
- Oracle Supply Chain Management Cloud Learning Subscription
Official courses consolidate theory; the 80 practice questions for the Oracle Cost Management Cloud 2020 Implementation Essentials consolidate exam readiness. Use both.
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. For IT workers with aspirations, it's essential proof of capability — the line that starts or advances a career. Related credentials include Oracle Cost Management Cloud 2021 Implementation Essentials, Oracle Cost Management Cloud 2022 Implementation Professional.
The Oracle Cost Management Cloud 2020 Implementation Essentials blueprint spans 6 domains — including Receipt Accounting (20%), Subledger Accounting (15%), Cost Analysis and Reporting (5%). Allocate study time by weighting, and consult the full outline above for every subtopic.
No mandatory prerequisites; recommended practical experience with Oracle SCM Cloud and basic accounting knowledge Vendors revise eligibility rules periodically, so confirm the current requirements on the official page (official 1z0-1074-20 exam page) before registering.
Oracle Cost Management Cloud 2020 Implementation Essentials Sample Questions:
Which three cost planning tasks can be performed in the Cost Accounting work area?
- A. Review Work Order Costs
- B. Manage Cost Accounting Periods
- C. Analyzing and Comparing Costs
- D. Estimating Standard Costs for Assemblies
- E. Manage Resource Rates
- F. Review Item Costs
Correct Answer: A,D,E 🗳️
Explanation: Only visible for DumpsActual members. You can sign-up / login (it's free).
Identify two purposes of Sub ledger Accounting.
- A. to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
- B. to centralize accounting string generation across all modules
- C. to maintain backward compatibility
- D. to calculate costs for transactions
- E. to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
Correct Answer: A,D 🗳️
You can track costs at what granularity level in Cost Accounting for the actual costing method?
- A. Subinventory, Lot, Serial, Locator
- B. Subinventory. Lot, Serial, Grade
- C. Subinventory, Make, Lot, Serial
- D. Grade, Subinventory, Locator, Serial
- E. Grade, Serial, Group, Lot
Correct Answer: B 🗳️
Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
How do you accomplish this?
- A. Turn off the summarize flag in the journal line rule.
- B. Turn on detailed posting for GL in the ledger setup.
- C. Turn off merge matching lines in the journal line rule.
- D. Write a custom report.
- E. Extract distribution accounting entries.
Correct Answer: C 🗳️
Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)
- A. COGS and Revenue Matching Report
- B. Costing Account Balances Report
- C. Cost Accounting Valuation Report
- D. Work in Process Inventory Valuation Report
- E. In-transit Valuation Report
- F. Layer Inventory Valuation Report
- G. Inventory Valuation Report
Correct Answer: A,B,D,E 🗳️
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