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Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: 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 2: 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 3: 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 4: 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 5: Cost Accounting25%- Process and analyze costs
                                • 1. Run cost processor
                                  • 2. Review cost distributions
                                    • 3. Period-end valuation and close
                                      - Set up Cost Accounting
                                      • 1. Define cost methods
                                        • 2. Set up cost profiles
                                          • 3. Configure cost components and elements
                                            Topic 6: Receipt Accounting20%- Manage Receipt Accounting transactions
                                            • 1. Run period-end close
                                              • 2. Analyze and reconcile accruals
                                                - Configure Receipt Accounting
                                                • 1. Accrue at period end
                                                  • 2. Receipt accrual process
                                                    Topic 7: Subledger Accounting10%- Configure accounting rules
                                                    • 1. Journal line definitions
                                                      • 2. Account derivation rules
                                                        - Review accounting entries
                                                        • 1. Validate subledger journals
                                                          • 2. Transfer to General Ledger

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                                                            Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q53-Q58):

                                                            NEW QUESTION # 53
                                                            Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)

                                                            Answer: A,C,D,F

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 54
                                                            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?

                                                            Answer: D,E


                                                            NEW QUESTION # 55
                                                            In which two scenarios would you define account rules based on value sets?

                                                            Answer: A,E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 56
                                                            Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?

                                                            Answer: D

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 57
                                                            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: C

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 58
                                                            ......

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