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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Objectives
Setup and Configuration	- Inventory valuation and accounting setup - Subledger accounting configuration - Cost organization and cost book setup
Cost Management Overview	- Costing methods and principles - Cost accounting concepts in Oracle Cloud
Cost Analysis and Reporting	- Cost reports and inquiries - Cost reconciliation and variance analysis
Integration with Oracle Cloud Applications	- Integration with Inventory and Manufacturing - Integration with Financials and Subledger Accounting
Cost Processing	- Cost distribution and adjustments - Resource and overhead costing - Material cost accounting

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q22-Q27):

NEW QUESTION # 22
Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

A. Purchasing
B. Inventory
C. Order Management
D. Financial Orchestration
E. Shipping

Answer: D

Explanation:
Reference:

NEW QUESTION # 23
You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?

A. Run the "Activate Accounting Methods" process.
B. Add the subledger journal entry rule sets to the Manage Accounting Methods task.
C. Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.
D. Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.
E. Run the "Activate Subledger Journal Entry Rule Set Assignments" process.

Answer: B,E

Explanation:
Reference:

NEW QUESTION # 24
Your client has accounting rules that need specific customization. Which two options allow them to accomplish this? (Choose two)

A. The subledger journal entry rule set does not need the same accounting event class as the accounting method.
B. The subledger journal entry rule set does not need the same accounting event type as the accounting method.
C. Copy and rename predefined subledger journal entry rule sets before modifying them.
D. Journal entry rule sets do not require accounting rules.
E. Use a different journal entry rule set for each ledger with a different accounting convention.

Answer: A,B

Explanation:
Reference:

NEW QUESTION # 25
Identify two characteristics of a cost profile.

A. It is where you define your Cost Accounting policies.
B. It is used for Receipt Accounting.
C. It is where you define which cost method you want to use for the cost component to cost element mapping.
D. It is used for calculating the estimated cost of manufactured items under different scenarios.

Answer: A,B

Explanation:
Reference:

NEW QUESTION # 26
Which two steps need to be completed to estimate landed costs?

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

Answer: B,E

Explanation:
Reference:

NEW QUESTION # 27
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