Exam Name: Oracle Cost Management Cloud 2022 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Cost Management Cloud
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Updated: Sep 21, 2026
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Oracle 1z0-1074-22 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2022 Implementation Professional |
| Exam Number: | 1Z0-1074-22 |
| Exam Format: | Multiple Select, Multiple Choice |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 55 |
| Available Languages: | English |
| Certificate Validity Period: | 18 months |
| Passing Score: | 62% |
| Exam Price: | USD $245 |
| Recommended Training: | Implementing Oracle Cost Management Cloud Oracle Cloud Learning Subscription |
| Exam Registration: | Oracle University Registration Pearson VUE Scheduling |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or in-person at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended knowledge of accounting principles and Oracle Cloud SCM |
| Official Syllabus URL: | https://education.oracle.com/ouexam-pexam_1z0-1074-22/pexam_1Z0-1074-22 |
Oracle 1z0-1074-22 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Projects Enabled Supply Chain | 5% | - Describe project-enabled costing |
| Managerial Accounting Overview | 10% | - Describe integration with Oracle Cloud modules - Explain key concepts of managerial accounting |
| Standard Costs | 15% | - Create standard costs and rates - Manage cost scenarios - Analyze and resolve standard cost variances |
| Subledger Accounting | 10% | - Create accounting rules - Build subledger accounting methods - Troubleshoot accounting exceptions |
| Landed Cost Management | 10% | - Manage charges and routes - Explain landed cost concepts - Configure landed cost framework |
| Costing & Inventory Foundations | 5% | - Explain inventory configuration |
| Receipt Accounting | 20% | - Describe Receipt Accounting work area - Execute receipt accounting processes - Manage daily receipt accounting tasks - Configure accrual at period end |
| Cost Accounting | 25% | - Perform cost accounting processes and reporting - Configure costing methods - Set up cost accounting structures - Describe Cost Accounting work area |
1z0-1074-22 Exam FAQ and Honest Answers
Online proctored or in-person at Pearson VUE test centers Register for the Oracle Cost Management Cloud 2022 Implementation Professional exam through these official channels:
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The Oracle Cost Management Cloud 2022 Implementation Professional exam requires 62% to pass, and registration costs USD $245. A failed attempt means paying the same fee again — a readiness check with the NewPassLeader engines before booking is the cheaper option.
The official Oracle Cost Management Cloud 2022 Implementation Professional outline defines 8 domains. The leading three are Projects Enabled Supply Chain (5%), Subledger Accounting (10%), and Cost Accounting (25%). The full list is in the topics section above, and NewPassLeader's 108 practice questions cover each one.
The Oracle Cost Management Cloud 2022 Implementation Professional exam contains 55 to complete within 90 minutes. Timed simulation in the NewPassLeader Desktop Test Engine teaches that rhythm before exam day does.
No mandatory prerequisites; recommended knowledge of accounting principles and Oracle Cloud SCM Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
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 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. All 108 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
The 1z0-1074-22 exam is a Oracle certification exam validating the Oracle Cost Management Cloud 2022 Implementation Professional syllabus shown above. Earning it in 2026 demonstrates ability in a form employers recognize — and NewPassLeader prepares candidates with 108 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.
Oracle recommends these training resources for the Oracle Cost Management Cloud 2022 Implementation Professional exam:
Follow the training with steady self-testing — the 108 practice questions from NewPassLeader help you apply theory and fill any gaps the training leaves.
Oracle Cost Management Cloud 2022 Implementation Professional Sample Questions:
Universal Containers wants their Technicians to be allowed to reschedule a visit for the same work within the Field Service mobile application. What approach should a Consultant recommend?
- A. Create a Visualforce page that will create a new Work Order record.
- B. Create a Quick Action that will create a new Work Order record.
- C. Create a Visualforce page that will create a new Service Appointment record.
- D. Create a Quick Action that will create a new Service Appointment record.
Correct Answer: D 🗳️
Identify the four types of cost adjustments.
- A. A retroactive purchase order price adjustment can cause an adjustment to the inventory value and the cost of goods sold.
- B. When a supplier invoice is processed in accounts payable, it can cause an adjustment to the inventory value and the cost of goods sold if the amounts processed for payment are different from the estimated amount on the purchase order.
- C. A change to a requisition after the purchase order has been created will create a cost adjustment.
- D. A standard cost update willcreate an inventory value adjustment.
- E. Authorized users can manually create cost adjustments.
- F. A revenue recognition event, which in turn triggers a cost of goods sold recognition event, can cause a cost adjustment.
Correct Answer: A,C,E,F 🗳️
universal containers wants to report on the volume of products installed within a specific timeframe.
Which solution should the consultant utilize to meet the requirement?
- A. The standard installation date field on asset
- B. A custom installation date field on products consumed
- C. A work order related list on asset
- D. Field history tracking on asset
Correct Answer: A 🗳️
Which two steps need to be completed to estimate landed costs?
- A. Update standard costs.
- B. Allocate charges
- C. Prepare the Material Purchase Order Data process.
- D. Transfer transactions from the Payables to the Costing process.
- E. Transfer transactions from the Inventory to the Costing process.
Correct Answer: A,B 🗳️
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 cost organization.
- B. Create Data Access on the Accounts Payable role for the correct inventory 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: A 🗳️
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