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Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: 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
          Topic 2: Landed Cost Management15%- Configure Landed Cost
          • 1. Set up estimated vs actual costs
            • 2. Define charge types and rules
              - Process landed cost transactions
              • 1. Reconcile variances
                • 2. Allocate charges
                  Topic 3: 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
                          Topic 4: Receipt Accounting20%- Configure Receipt Accounting
                          • 1. Receipt accrual process
                            • 2. Accrue at period end
                              - Manage Receipt Accounting transactions
                              • 1. Run period-end close
                                • 2. Analyze and reconcile accruals
                                  Topic 5: 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
                                        Topic 6: Cost Accounting25%- Process and analyze costs
                                        • 1. Period-end valuation and close
                                          • 2. Run cost processor
                                            • 3. Review cost distributions
                                              - Set up Cost Accounting
                                              • 1. Define cost methods
                                                • 2. Set up cost profiles
                                                  • 3. Configure cost components and elements
                                                    Topic 7: Standard Cost Management15%- 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

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                                                            Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q23-Q28):

                                                            NEW QUESTION # 23
                                                            How is the standard cost of a manufactured configured item calculated?

                                                            Answer: D

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 24
                                                            After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?

                                                            Answer: E

                                                            Explanation:
                                                            Cost Accounting Processor processes is consisted of Physical inventory transactions andTrade transactions. Trade Accounting Processor to process all in-transit transactions.
                                                            Reference:


                                                            NEW QUESTION # 25
                                                            A manager has decided to close the period by not allowing any new transactions, except for corrections and adjustments, which can happen any time before the period is closed permanently.
                                                            Which cost period status will allow the system to perform the transaction?

                                                            Answer: D

                                                            Explanation:
                                                            Reference:


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

                                                            Answer: C,D

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 27
                                                            You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?

                                                            Answer: E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 28
                                                            ......

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