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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Weight	Objectives
Receipt Accounting	20%	- Manage Receipt Accounting transactions 1. Run period-end close 2. Analyze and reconcile accruals - Configure Receipt Accounting 1. Accrue at period end 2. Receipt accrual process
Security and Inventory Configuration	5%	- Configure inventory costing parameters 1. Item cost attributes 2. Organization costing options - Set up access control 1. Define roles and data security
Standard Cost Management	15%	- Define and maintain standard costs 1. Create cost scenarios 2. Update and publish standard costs - Analyze standard cost variances 1. Usage and rate variances 2. Purchase price variance
Subledger Accounting	10%	- Configure accounting rules 1. Account derivation rules 2. Journal line definitions - Review accounting entries 1. Validate subledger journals 2. Transfer to General Ledger
Cost Accounting	25%	- Set up Cost Accounting 1. Define cost methods 2. Configure cost components and elements 3. Set up cost profiles - Process and analyze costs 1. Review cost distributions 2. Period-end valuation and close 3. Run cost processor
Landed Cost Management	15%	- Process landed cost transactions 1. Allocate charges 2. Reconcile variances - Configure Landed Cost 1. Define charge types and rules 2. Set up estimated vs actual costs
Supply Chain Financial Orchestration	10%	- Set up orchestration flows 1. Configure financial rules 2. Define business events - Monitor and troubleshoot flows 1. Track transaction status 2. Resolve exceptions

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q74-Q79):

NEW QUESTION # 74
A chart of accounts (COA) must be specified on the accounting method for which two situations?

A. When using segment rules
B. When using account combination rules
C. When account combination rules use constants
D. When using ledgers that have unique accounting requirements
E. Every accounting method should have a COA.

Answer: A,E

Explanation:
Reference:

NEW QUESTION # 75
How is the standard cost of a manufactured configured item calculated?

A. The standard cost of a model item is calculated.
B. It is based on the material and resource requirements of a released work order.
C. The standard cost is calculated for every possible combination of options under a model
D. It is based on the actual cost of the work order after it is completed.

Answer: A

Explanation:
Reference:

NEW QUESTION # 76
Which two steps need to be completed to estimate landed costs?

A. Prepare the Material Purchase Order Data process.
B. Transfer transactions from the Payables to the Costing process.
C. Update standard costs.
D. Allocate charges
E. Transfer transactions from the Inventory to the Costing process.

Answer: A,D

Explanation:
Reference:

NEW QUESTION # 77
If the accounting method does not have an assigned chart of accounts (COA), which option is valid?

A. The accounting method may only be used by ledgers without a COA.
B. Accounting rules cannot override the accounting method.
C. The accounting method must have a mapping set to convert the accounts.
D. Any secondary ledger that uses the method cannot have a COA.
E. The accounting method can be assigned to any ledger.

Answer: E

Explanation:
Reference:

NEW QUESTION # 78
Which three cost planning tasks can be performed in the Cost Accounting work area?

A. Management Cost Accounting Periods
B. Manage Resource Rates
C. Estimating Standard Costs for Assemblies
D. Analyzing and Comparing Costs
E. Review Item Costs
F. Review Work Order Costs

Answer: B,C,D

Explanation:
Reference:
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_C97AC111350F0D3EE040D30A68814D11

NEW QUESTION # 79
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