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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Weight	Objectives
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
Cost Accounting	25%	- Process and analyze costs 1. Period-end valuation and close 2. Review cost distributions 3. Run cost processor - Set up Cost Accounting 1. Define cost methods 2. Configure cost components and elements 3. Set up cost profiles
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
Security and Inventory Configuration	5%	- 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 Orchestration	10%	- Set up orchestration flows 1. Configure financial rules 2. Define business events - Monitor and troubleshoot flows 1. Resolve exceptions 2. Track transaction status
Standard Cost Management	15%	- Analyze standard cost variances 1. Purchase price variance 2. Usage and rate variances - Define and maintain standard costs 1. Update and publish standard costs 2. Create cost scenarios
Landed Cost Management	15%	- Process landed cost transactions 1. Reconcile variances 2. Allocate charges - Configure Landed Cost 1. Define charge types and rules 2. Set up estimated vs actual costs

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q27-Q32):

NEW QUESTION # 27
If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?

A. Rule sets assigned to a secondary ledger with a different COA
B. Rule sets where the accounting rules override the method rule set
C. Rule sets not associated with any chart of accounts
D. Rule sets that have a mapping set to convert the accounts
E. Rule sets that use the same chart of accounts

Answer: C,E

Explanation:
Reference:

NEW QUESTION # 28
You can track costs at what granularity level in Cost Accounting for the actual costing method?

A. Subinventory. Lot, Serial, Grade
B. Subinventory, Lot, Serial, Locator
C. Subinventory, Make, Lot, Serial
D. Grade, Serial, Group, Lot
E. Grade, Subinventory, Locator, Serial

Answer: A

Explanation:
Reference:

NEW QUESTION # 29
An invoice is created in a foreign currency. The invoice is not paid until several weeks later. By then, the currency conversion rate has changed.
How do you get the journal line rule to calculate the gain or loss?

A. Create a foreign reporting currency to track gain/loss.
B. Subledger Accounting is already set up to process it.
C. Turn on the Subledger Gain or Loss Option.
D. Create a secondary ledger to track gain/loss.

Answer: C

Explanation:
Reference:

NEW QUESTION # 30
Select two ways to define the standard cost for an item from the Cost Accounting work area.

A. Import standard costs from receipt layers.
B. Manage the Item Cost task.
C. Manage the Standard Cost task.
D. Create Standard Cost in a spreadsheet.

Answer: C,D

Explanation:
:

NEW QUESTION # 31
Identify three Landed Cost Management tasks.

A. View Rolled Up Costs
B. Perform Allocations
C. Create Accounting
D. Review Journal Entries
E. Capture Charges
F. Manage Cost Scenarios

Answer: B,C,E

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

NEW QUESTION # 32
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