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Updated: Sep 09, 2026
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Oracle 1z0-1074-23 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2023 Implementation Essentials |
| Exam Number: | 1z0-1074-23 |
| Certificate Validity Period: | 18 months |
| Exam Format: | Multiple Choice |
| Available Languages: | Korean, English, Simplified Chinese, Japanese |
| Real Exam Qty: | 55 |
| Related Certifications: | Oracle Financials Cloud Oracle Supply Chain Management Cloud |
| Passing Score: | 62% |
| Exam Duration: | 90 minutes |
| Exam Price: | USD $245 |
| Recommended Training: | Become a Certified Cost Management Implementer |
| Exam Registration: | Oracle University Exam Registration Pearson VUE Scheduling |
| Sample Questions: | Oracle 1z0-1074-23 Sample Questions |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No formal prerequisites; recommended experience with Oracle SCM/Financials Cloud |
| Official Syllabus URL: | https://education.oracle.com/ouexam-pexam_1z0-1074-23/pexam_1Z0-1074-23 |
Oracle 1z0-1074-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Project Enabled Supply Chain | 5% | - Configuration overview - Project work order costing |
| Landed Cost Management | 10% | - Overview and configuration - Manage charges and routes |
| Standard Costs | 15% | - Manage scenarios and rates - Create and roll up costs - Analyze variances |
| Subledger Accounting | 10% | - Accounting methods and exceptions - Account rules and journal setups |
| Managerial Accounting Overview | 15% | - Explain cost accounting and integration - Identify key implementation decisions |
| Cost Accounting | 25% | - Processing and daily tasks - Setup: organizations, books, elements - Costing methods: standard, perpetual, actual |
| Receipt Accounting | 20% | - Overview and work area - Processes and reporting - Configure accrual options |
Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:
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. In the absence of a chart of accounts on the accounting method
- C. When a secondary ledger has a different COA
- D. If a segment shares the same value set across multiple chart of accounts
- E. When there is a mapping set to convert the accounts
Identify four characteristics of a cost element.
- A. Users can define any number of cost elements.
- B. It is the granularity at which costs are tracked and accounted.
- C. It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
- D. It is user-defined.
- E. The mapping of cost components into cost elements is user-defined.
- F. It uses date effectivity.
Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)
- A. Cost Processing
- B. Work Order Costs
- C. Journal Entries
- D. Item Costs
- E. Purchase Variance Summary
- F. Inventory Valuation
The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?
- A. Trade Operation Template
- B. Charge Names
- C. PreReference Types
- D. Routes
- E. Material Receipts
Identify four processors available in the cost processor.
- A. Cost Accounting Processor
- B. Cost Reports Processor
- C. Costing Period Processor
- D. Cost Distribution Processor
- E. Cost of Goods Sold Processor
- F. Receipt Processor
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