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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Objectives
Topic 1: Inventory and Costing Processes	- Receipt accounting and cost updates - Inventory transactions cost processing - Work in process (WIP) cost flows
Topic 2: Cost Accounting and Distribution	- Subledger accounting integration - Cost accounting distributions
Topic 3: Setup and Configuration	- Cost organizations and cost profiles setup - Cost component definitions and mappings - Cost methods and valuation structures
Topic 4: Troubleshooting and Best Practices	- Performance and reconciliation best practices - Common configuration issues
Topic 5: Period Close and Reporting	- Cost period close process - Cost reports and reconciliation
Topic 6: Cost Management Cloud Overview	- Application architecture and key components - Cost accounting fundamentals in Oracle Cloud

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q17-Q22):

NEW QUESTION # 17
Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

A. Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
B. Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
C. Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
D. Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
E. Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs

Answer: B

Explanation:
Reference:

NEW QUESTION # 18
Which four steps need to be completed to establish standard costs for a make item?

A. Export item costs
B. Create a new cost scenario
C. Publish costs
D. Complete cost roll-up
E. Run preprocessor
F. Add standard costs to a cost scenario

Answer: B,C,D,F

Explanation:
Reference:

NEW QUESTION # 19
You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?

A. Routes
B. Trade Operation
C. Charge Name
D. Orders
E. Cost Scenario

Answer: B

Explanation:
Reference:

NEW QUESTION # 20
Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015 effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
How will the application select the work definition?

A. It must always use the work definition with the October 1, 2015 effective date.
B. Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.
C. You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.
D. It will use the work definition with the January 2, 2016 effective date.

Answer: C

Explanation:
Reference:

NEW QUESTION # 21
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.

Answer: A

Explanation:
Reference:

NEW QUESTION # 22
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