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Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Landed Cost Management15%- Configure Landed Cost
  • 1. Define charge types and rules
    • 2. Set up estimated vs actual costs
      - Process landed cost transactions
      • 1. Reconcile variances
        • 2. Allocate charges
          Topic 2: Supply Chain Financial Orchestration10%- Monitor and troubleshoot flows
          • 1. Track transaction status
            • 2. Resolve exceptions
              - Set up orchestration flows
              • 1. Configure financial rules
                • 2. Define business events
                  Topic 3: Cost Accounting25%- Process and analyze costs
                  • 1. Run cost processor
                    • 2. Review cost distributions
                      • 3. Period-end valuation and close
                        - Set up Cost Accounting
                        • 1. Configure cost components and elements
                          • 2. Set up cost profiles
                            • 3. Define cost methods
                              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: Standard Cost Management15%- Analyze standard cost variances
                                    • 1. Usage and rate variances
                                      • 2. Purchase price variance
                                        - Define and maintain standard costs
                                        • 1. Update and publish standard costs
                                          • 2. Create cost scenarios
                                            Topic 6: Subledger Accounting10%- Review accounting entries
                                            • 1. Validate subledger journals
                                              • 2. Transfer to General Ledger
                                                - Configure accounting rules
                                                • 1. Journal line definitions
                                                  • 2. Account derivation rules
                                                    Topic 7: Receipt Accounting20%- Configure Receipt Accounting
                                                    • 1. Receipt accrual process
                                                      • 2. Accrue at period end
                                                        - Manage Receipt Accounting transactions
                                                        • 1. Run period-end close
                                                          • 2. Analyze and reconcile accruals

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                                                            Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q35-Q40):

                                                            NEW QUESTION # 35
                                                            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: C

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 36
                                                            Your client is using Quick Setup to implement Costing. They have a requirement to track costs for manufacturing overhead. How can you make sure that this requirement is met?

                                                            Answer: D

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 37
                                                            What are three cost method choices that are available in Cost Accounting?

                                                            Answer: B,E,F

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 38
                                                            A chart of accounts (COA) must be specified on the accounting method for which two situations?

                                                            Answer: A,D

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 39
                                                            Identify two ways that standard cost is calculated.

                                                            Answer: A,E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 40
                                                            ......

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