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Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: 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. Define cost methods
            • 3. Set up cost profiles
              Topic 2: Supply Chain Financial Orchestration10%- Monitor and troubleshoot flows
              • 1. Resolve exceptions
                • 2. Track transaction status
                  - Set up orchestration flows
                  • 1. Define business events
                    • 2. Configure financial rules
                      Topic 3: Landed Cost Management15%- Configure Landed Cost
                      • 1. Set up estimated vs actual costs
                        • 2. Define charge types and rules
                          - Process landed cost transactions
                          • 1. Reconcile variances
                            • 2. Allocate charges
                              Topic 4: Security and Inventory Configuration5%- Configure inventory costing parameters
                              • 1. Organization costing options
                                • 2. Item cost attributes
                                  - Set up access control
                                  • 1. Define roles and data security
                                    Topic 5: Receipt Accounting20%- Manage Receipt Accounting transactions
                                    • 1. Analyze and reconcile accruals
                                      • 2. Run period-end close
                                        - Configure Receipt Accounting
                                        • 1. Accrue at period end
                                          • 2. Receipt accrual process
                                            Topic 6: Standard Cost Management15%- Analyze standard cost variances
                                            • 1. Usage and rate variances
                                              • 2. Purchase price variance
                                                - Define and maintain standard costs
                                                • 1. Create cost scenarios
                                                  • 2. Update and publish standard costs
                                                    Topic 7: Subledger Accounting10%- Review accounting entries
                                                    • 1. Transfer to General Ledger
                                                      • 2. Validate subledger journals
                                                        - Configure accounting rules
                                                        • 1. Account derivation rules
                                                          • 2. Journal line definitions

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                                                            Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q21-Q26):

                                                            NEW QUESTION # 21
                                                            Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario

                                                            Answer: A,D

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 22
                                                            Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015 effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
                                                            How will the application select the work definition?

                                                            Answer: A

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 23
                                                            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.

                                                            Answer: D

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 24
                                                            Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
                                                            Which subject area would you select to create this report?

                                                            Answer: D

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 25
                                                            There are freight charges on an invoice. Which two setups are required to get create accounting to enter a separate accounting line for it?

                                                            Answer: A,B

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 26
                                                            ......

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