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Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
Receipt Accounting20%- Manage Receipt Accounting transactions
  • 1. Run period-end close
    • 2. Analyze and reconcile accruals
      - Configure Receipt Accounting
      • 1. Receipt accrual process
        • 2. Accrue at period end
          Subledger Accounting10%- Configure accounting rules
          • 1. Journal line definitions
            • 2. Account derivation rules
              - Review accounting entries
              • 1. Transfer to General Ledger
                • 2. Validate subledger journals
                  Landed Cost Management15%- Configure Landed Cost
                  • 1. Define charge types and rules
                    • 2. Set up estimated vs actual costs
                      - Process landed cost transactions
                      • 1. Allocate charges
                        • 2. Reconcile variances
                          Cost Accounting25%- Process and analyze costs
                          • 1. Review cost distributions
                            • 2. Period-end valuation and close
                              • 3. Run cost processor
                                - Set up Cost Accounting
                                • 1. Set up cost profiles
                                  • 2. Configure cost components and elements
                                    • 3. Define cost methods
                                      Standard Cost Management15%- Define and maintain standard costs
                                      • 1. Update and publish standard costs
                                        • 2. Create cost scenarios
                                          - Analyze standard cost variances
                                          • 1. Usage and rate variances
                                            • 2. Purchase price variance
                                              Security and Inventory Configuration5%- Set up access control
                                              • 1. Define roles and data security
                                                - Configure inventory costing parameters
                                                • 1. Organization costing options
                                                  • 2. Item cost attributes
                                                    Supply Chain Financial Orchestration10%- Set up orchestration flows
                                                    • 1. Define business events
                                                      • 2. Configure financial rules
                                                        - Monitor and troubleshoot flows
                                                        • 1. Resolve exceptions
                                                          • 2. Track transaction status

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                                                            Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q34-Q39):

                                                            NEW QUESTION # 34
                                                            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?

                                                            Answer: C

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 35
                                                            Identify three Landed Cost Management tasks.

                                                            Answer: A,D,E

                                                            Explanation:
                                                            Reference:
                                                            https://docs.oracle.com/en/cloud/saas/supply-chain-management/18b/faims/implementing-landed-cost-management.html#FAIMS1854624


                                                            NEW QUESTION # 36
                                                            You can track costs at what granularity level in Cost Accounting for the actual costing method?

                                                            Answer: A

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 37
                                                            Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)

                                                            Answer: A,C,D,E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 38
                                                            Which three tasks can be completed in the Receipt Accounting work area?

                                                            Answer: C,E,F

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 39
                                                            ......

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