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Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Security and Inventory Configuration5%- Configure inventory costing parameters
  • 1. Item cost attributes
    • 2. Organization costing options
      - Set up access control
      • 1. Define roles and data security
        Topic 2: Landed Cost Management15%- Process landed cost transactions
        • 1. Reconcile variances
          • 2. Allocate charges
            - Configure Landed Cost
            • 1. Set up estimated vs actual costs
              • 2. Define charge types and rules
                Topic 3: Supply Chain Financial Orchestration10%- Monitor and troubleshoot flows
                • 1. Track transaction status
                  • 2. Resolve exceptions
                    - Set up orchestration flows
                    • 1. Configure financial rules
                      • 2. Define business events
                        Topic 4: Cost Accounting25%- 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
                                    Topic 5: 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
                                            Topic 6: 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 7: 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

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                                                            Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q48-Q53):

                                                            NEW QUESTION # 48
                                                            You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assembly shows "0" cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
                                                            Identify two reasons this happened.

                                                            Answer: A,E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 49
                                                            Which two outcomes can happen in create accounting when an account combination returned is end dated?

                                                            Answer: B,E

                                                            Explanation:
                                                            Reference:
                                                            https://docs.oracle.com/en/cloud/saas/financials/18b/faisl/subledger-accounting-setup.html#FAISL212668


                                                            NEW QUESTION # 50
                                                            Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
                                                            Which subject area would you select to create this report?

                                                            Answer: C

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 51
                                                            When running the Transfer Costs to Cost Management process, where will the primary default source for costs come from and what is the effect?

                                                            Answer: B

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 52
                                                            Identify three characteristics of cost component to cost element mapping.

                                                            Answer: B,D,E

                                                            Explanation:
                                                            Reference:
                                                            https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_9392D04E277B3B45E040D30A68817A96


                                                            NEW QUESTION # 53
                                                            ......

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