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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Subledger Accounting	10%	- Review accounting entries 1. Validate subledger journals 2. Transfer to General Ledger - Configure accounting rules 1. Journal line definitions 2. Account derivation rules
Topic 2: Landed Cost Management	15%	- 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
Topic 3: Cost Accounting	25%	- Process and analyze costs 1. Run cost processor 2. Period-end valuation and close 3. Review cost distributions - Set up Cost Accounting 1. Define cost methods 2. Configure cost components and elements 3. Set up cost profiles
Topic 4: Security and Inventory Configuration	5%	- Configure inventory costing parameters 1. Item cost attributes 2. Organization costing options - Set up access control 1. Define roles and data security
Topic 5: Supply Chain Financial Orchestration	10%	- Set up orchestration flows 1. Configure financial rules 2. Define business events - Monitor and troubleshoot flows 1. Track transaction status 2. Resolve exceptions
Topic 6: Receipt Accounting	20%	- 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: Standard Cost Management	15%	- 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 (Q58-Q63):

NEW QUESTION # 58
Which two statements are true about Cost Accounting books? (Choose two.)

A. Every cost organization must use different book names; they cannot be shared.
B. A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
C. A cost organization has one book that posts to the primary ledger.
D. Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.

Answer: B,C

Explanation:
Reference:

NEW QUESTION # 59
If the accounting method does not have an assigned chart of accounts (COA), which option is valid?

A. The accounting method may only be used by ledgers without a COA.
B. The accounting method can be assigned to any ledger.
C. The accounting method must have a mapping set to convert the accounts.
D. Any secondary ledger that uses the method cannot have a COA.
E. Accounting rules cannot override the accounting method.

Answer: B

Explanation:
Reference:

NEW QUESTION # 60
Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

A. Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
B. Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
C. Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
D. Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
E. Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs

Answer: E

Explanation:
Reference:

NEW QUESTION # 61
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. Allocate charges
D. Transfer transactions from the Payables to the Costing process.
E. Update standard costs.

Answer: B,C

Explanation:
Reference:

NEW QUESTION # 62
Select the two valid relationships between subledger components.

A. The journal lines hold the journal entry rule sets.
B. The accounting method holds the accounting rules by Event Class and Event Type.
C. The accounting method groups journal entry rule sets by Event Class and Event Type.
D. Journal entry rule sets hold journal rules and accounting rules.
E. Journal entry rules are used to hold accounting rules.

Answer: D,E

Explanation:
Reference:
https://docs.oracle.com/cd/E51367_01/financialsop_gs/FAISL/F1456683AN11328.htm

NEW QUESTION # 63
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