Exam Name: Oracle Cost Management Cloud 2023 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Cost Management Cloud
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Updated: Sep 25, 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 |
| Exam Format: | Multiple Choice |
| Passing Score: | 62% |
| Exam Duration: | 90 minutes |
| Exam Price: | USD $245 |
| Certificate Validity Period: | 18 months |
| Related Certifications: | Oracle Supply Chain Management Cloud Oracle Financials Cloud |
| Real Exam Qty: | 55 |
| Available Languages: | Korean, Simplified Chinese, English, Japanese |
| 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 |
|---|---|---|
| Landed Cost Management | 10% | - Manage charges and routes - Overview and configuration |
| Cost Accounting | 25% | - Setup: organizations, books, elements - Processing and daily tasks - Costing methods: standard, perpetual, actual |
| Subledger Accounting | 10% | - Account rules and journal setups - Accounting methods and exceptions |
| Project Enabled Supply Chain | 5% | - Project work order costing - Configuration overview |
| Receipt Accounting | 20% | - Overview and work area - Configure accrual options - Processes and reporting |
| Managerial Accounting Overview | 15% | - Identify key implementation decisions - Explain cost accounting and integration |
| Standard Costs | 15% | - Manage scenarios and rates - Create and roll up costs - Analyze variances |
Your Oracle Cost Management Cloud 2023 Implementation Essentials Exam Questions, Answered
Oracle recommends these training resources for the Oracle Cost Management Cloud 2023 Implementation Essentials exam:
Follow the training with steady self-testing — the 80 practice questions from Pass4Leader help you apply theory and fill any gaps the training leaves.
The official Oracle Cost Management Cloud 2023 Implementation Essentials outline defines 7 domains. The leading three are Subledger Accounting (10%), Cost Accounting (25%), and Receipt Accounting (20%). The full list is in the topics section above, and Pass4Leader's 80 practice questions cover each one.
Online proctored or onsite at Pearson VUE test centers Register for the Oracle Cost Management Cloud 2023 Implementation Essentials exam through these official channels:
After booking, Pass4Leader delivers your practice questions within 1 minute — preparation starts the same day.
The Oracle Cost Management Cloud 2023 Implementation Essentials exam contains 55 to complete within 90 minutes. Timed simulation in the Pass4Leader Desktop Test Engine teaches that rhythm before exam day does.
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The 1z0-1074-23 exam is a Oracle certification exam validating the Oracle Cost Management Cloud 2023 Implementation Essentials syllabus shown above. It belongs to these credential paths: Oracle Supply Chain Management Cloud, Oracle Financials Cloud. Candidates in 2026 prepare for it with Pass4Leader's 80 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.
No formal prerequisites; recommended experience with Oracle SCM/Financials Cloud Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
The Oracle Cost Management Cloud 2023 Implementation Essentials exam requires 62% to pass, and registration costs USD $245. A failed attempt means paying the same fee again — a readiness check with the Pass4Leader engines before booking is the cheaper option.
Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows with customizable simulation and timed modes that works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 80 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:
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 Reconciliation Report
- B. Accrual Clearing Report
- C. Uninvoiced Receipt Accrual Report
- D. Receipt Accounting Real Time Report
- E. Accrual Supplier Liability Report
Correct Answer: A 🗳️
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of their lots differently then others What must they do to accomplish this?
- A. Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.
- B. They cannot change their current configuration; data generated by Quick Setup cannot be changed.
- C. Quick Setup generates valuation units so they just have to access those valuation units and make their changes.
- D. They must create their valuation units manually.
Correct Answer: A 🗳️
Identify three Landed Cost Management tasks.
- A. Create Accounting
- B. Review Journal Entries
- C. Perform Allocations
- D. View Rolled Up Costs
- E. Manage Cost Scenarios
- F. Capture Charges
Correct Answer: A,C,F 🗳️
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
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 Transfer Costs from Payables to Cost Management process.
- B. Run the Create Accounting 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 🗳️
What are three cost method choices that are available in Cost Accounting?
- A. Actual cost (LIFO or Last In First Out)
- B. Standard cost
- C. Perpetual average cost
- D. Period end average cost
- E. Actual cost (FIFO or First In First Out)
- F. Periodic average cost
Correct Answer: A,C,E 🗳️
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