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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Standard Cost Management	15%	- Analyze standard cost variances 1. Purchase price variance 2. Usage and rate variances - Define and maintain standard costs 1. Create cost scenarios 2. Update and publish standard costs
Topic 2: Receipt Accounting	20%	- Configure Receipt Accounting 1. Receipt accrual process 2. Accrue at period end - Manage Receipt Accounting transactions 1. Analyze and reconcile accruals 2. Run period-end close
Topic 3: Supply Chain Financial Orchestration	10%	- Set up orchestration flows 1. Define business events 2. Configure financial rules - Monitor and troubleshoot flows 1. Resolve exceptions 2. Track transaction status
Topic 4: Cost Accounting	25%	- Set up Cost Accounting 1. Configure cost components and elements 2. Set up cost profiles 3. Define cost methods - Process and analyze costs 1. Run cost processor 2. Review cost distributions 3. Period-end valuation and close
Topic 5: 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
Topic 6: Subledger Accounting	10%	- Configure accounting rules 1. Journal line definitions 2. Account derivation rules - Review accounting entries 1. Validate subledger journals 2. Transfer to General Ledger
Topic 7: 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

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Famous 1Z0-1074-26 Exam Questions Bring You the Most Helpful Learning Dumps - TestkingPass

TestkingPass 1Z0-1074-26 Questions have helped thousands of candidates to achieve their professional dreams. Our Oracle Cost Management Cloud 2026 Implementation Professional (1Z0-1074-26) exam dumps are useful for preparation and a complete source of knowledge. If you are a full-time job holder and facing problems finding time to prepare for the Oracle 1Z0-1074-26 Exam Questions, you shouldn't worry more about it.

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

NEW QUESTION # 53
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?

A. Event Class: Period End Accrual Event Type: Period End Accrual
B. Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
C. Event Class: Expense Accrual Event Type: Period End Accrual
D. Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual
E. Event Class: Expense Accrual Event Type: Expense Accrual

Answer: A

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?

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

Answer: B,C

NEW QUESTION # 55
Identify the four types of cost adjustments.

A. A standard cost update will create an inventory value adjustment.
B. When a supplier invoice is processed in accounts payable, it can cause an adjustment to the inventory value and the cost of goods sold if the amounts processed for payment are different from the estimated amount on the purchaseorder.
C. Authorized users can manually create cost adjustments.
D. A change to a requisition after the purchase order has been created will create a cost adjustment. D. A revenue recognition event, which in turn triggers a cost of goods sold recognition event, can cause a cost adjustment.
E. A retroactive purchase order price adjustment can cause an adjustment to the inventory value and the cost of goods sold.

Answer: A,B,C,E

NEW QUESTION # 56
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. Run the "Activate Accounting Methods" process.
B. Run the "Activate Subledger Journal Entry Rule Set Assignments" process.
C. Add the subledger journal entry rule sets to the Manage Accounting Methods task.
D. Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.
E. Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.

Answer: B,C

Explanation:
Reference:

NEW QUESTION # 57
You have an item with two work definitions. One work definition is production priority 1 and named Plan A. Another work definition is production priority 2 and named Plan B. In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B.

A. The application will use the work definition that is named Plan B.
B. While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
C. The application will generate an error because there are two work definitions for the same item.
D. The cost planning scenario will use both work definitions for the item.
E. The scenario will choose the work definition that is production priority 1.

Answer: E

Explanation:
Reference:

NEW QUESTION # 58
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