Pass Guaranteed Oracle First-grade 1Z0-1074-26 - Minimum Oracle Cost Management Cloud 2026 Implementation Professional Pass Score

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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: Subledger Accounting10%- Review accounting entries
        • 1. Transfer to General Ledger
          • 2. Validate subledger journals
            - Configure accounting rules
            • 1. Journal line definitions
              • 2. Account derivation rules
                Topic 3: Receipt Accounting20%- Manage Receipt Accounting transactions
                • 1. Analyze and reconcile accruals
                  • 2. Run period-end close
                    - Configure Receipt Accounting
                    • 1. Receipt accrual process
                      • 2. Accrue at period end
                        Topic 4: Standard Cost Management15%- Define and maintain standard costs
                        • 1. Update and publish standard costs
                          • 2. Create cost scenarios
                            - Analyze standard cost variances
                            • 1. Purchase price variance
                              • 2. Usage and rate variances
                                Topic 5: Landed Cost Management15%- 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
                                        Topic 6: Supply Chain Financial Orchestration10%- Set up orchestration flows
                                        • 1. Define business events
                                          • 2. Configure financial rules
                                            - Monitor and troubleshoot flows
                                            • 1. Resolve exceptions
                                              • 2. Track transaction status
                                                Topic 7: Cost Accounting25%- 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 (Q14-Q19):

                                                            NEW QUESTION # 14
                                                            Your client needs to import the relevant transactions and tax determinants for their expense items into Receipt Accounting. What is the correct sequence of processes to accomplish this?

                                                            Answer: C

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 15
                                                            A chart of accounts (COA) must be specified on the accounting method for which two situations?

                                                            Answer: D,E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 16
                                                            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: C

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 17
                                                            Which four steps need to be completed to establish standard costs for a make item?

                                                            Answer: B,C,D,E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 18
                                                            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?

                                                            Answer: D,E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 19
                                                            ......

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