High Pass-Rate 1Z0-1074-26 Valid Exam Question–Newest Latest Test Preparation for 1Z0-1074-26: Oracle Cost Management Cloud 2026 Implementation Professional

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Subledger Accounting	10%	- Review accounting entries 1. Transfer to General Ledger 2. Validate subledger journals - Configure accounting rules 1. Journal line definitions 2. Account derivation rules
Topic 2: Standard Cost Management	15%	- Define and maintain standard costs 1. Create cost scenarios 2. Update and publish standard costs - Analyze standard cost variances 1. Purchase price variance 2. Usage and rate variances
Topic 3: Supply Chain Financial Orchestration	10%	- Monitor and troubleshoot flows 1. Resolve exceptions 2. Track transaction status - Set up orchestration flows 1. Define business events 2. Configure financial rules
Topic 4: Receipt Accounting	20%	- 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
Topic 5: Security and Inventory Configuration	5%	- Set up access control 1. Define roles and data security - Configure inventory costing parameters 1. Item cost attributes 2. Organization costing options
Topic 6: Landed Cost Management	15%	- Process landed cost transactions 1. Allocate charges 2. Reconcile variances - Configure Landed Cost 1. Define charge types and rules 2. Set up estimated vs actual costs
Topic 7: Cost Accounting	25%	- Process and analyze costs 1. Period-end valuation and close 2. Run cost processor 3. Review cost distributions - Set up Cost Accounting 1. Configure cost components and elements 2. Set up cost profiles 3. Define cost methods

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q51-Q56):

NEW QUESTION # 51
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?

A. Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.
B. Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.
C. Add the subledger journal entry rule sets to the Manage Accounting Methods task.
D. Run the "Activate Accounting Methods" process.
E. Run the "Activate Subledger Journal Entry Rule Set Assignments" process.

Answer: C,E

Explanation:
Reference:

NEW QUESTION # 52
Identify four processors available in the cost processor.

A. Cost Distribution Processor
B. Cost of Goods Sold Processor
C. Receipt Processor
D. Costing Period Processor
E. Cost Accounting Processor
F. Cost Reports Processor

Answer: A,B,E,F

Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/fapma/manage-cost-accounting.html#FAPMA146491

NEW QUESTION # 53
What are the predefined areas that give you visibility into the status of Receipt Accounting, on the overview page in the Receipt Accounting work area?

A. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Period Validation Status
B. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Transactions
C. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Period Validation Status
D. Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting Transactions
E. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Transactions

Answer: E

Explanation:
Reference:

NEW QUESTION # 54
The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?

A. Charge Names
B. PreReference Types
C. Trade Operation Template
D. Routes
E. Material Receipts

Answer: B

Explanation:
Reference:

NEW QUESTION # 55
You can track costs at what granularity level in Cost Accounting for the actual costing method?

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

Answer: E

Explanation:
Reference:

NEW QUESTION # 56
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