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| Section | Weight | Objectives |
|---|
| Topic 1: Subledger Accounting | 10% | - Review accounting entries
- 1. Validate subledger journals
- 2. Transfer to General Ledger
- Configure accounting rules
- 1. Journal line definitions
- 2. Account derivation rules
|
| 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: Cost Accounting | 25% | - Process and analyze costs
- 1. Run cost processor
- 2. Period-end valuation and close
- 3. Review cost distributions
- Set up Cost Accounting
- 1. Configure cost components and elements
- 2. Define cost methods
- 3. Set up cost profiles
|
| Topic 4: Security and Inventory Configuration | 5% | - Configure inventory costing parameters
- 1. Organization costing options
- 2. Item cost attributes
- Set up access control
- 1. Define roles and data security
|
| Topic 5: Landed Cost Management | 15% | - Process landed cost transactions
- 1. Reconcile variances
- 2. Allocate charges
- Configure Landed Cost
- 1. Set up estimated vs actual costs
- 2. Define charge types and rules
|
| Topic 6: 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 7: 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
|
>> New Oracle 1Z0-1074-26 Exam Preparation <<
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q72-Q77):
NEW QUESTION # 72
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, Review Journal Entries, Receipt Accounting Transactions
- B. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Transactions
- C. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Period Validation Status
- D. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Period Validation Status
- E. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Transactions
Answer: B
Explanation:
Reference:
NEW QUESTION # 73
If the accounting method does not have an assigned chart of accounts (COA), which option is valid?
- A. Accounting rules cannot override the accounting method.
- B. The accounting method must have a mapping set to convert the accounts.
- C. Any secondary ledger that uses the method cannot have a COA.
- D. The accounting method can be assigned to any ledger.
- E. The accounting method may only be used by ledgers without a COA.
Answer: D
Explanation:
Reference:
NEW QUESTION # 74
Identify two characteristics of Landed Cost charge names.
- A. You can modify a charge name until it is associated with a trade operation.
- B. Duty is a seeded charge name for Landed Cost.
- C. Charge names cannot be associated with a PO schedule.
- D. Charge names cannot be used to tie an invoice to a trade operation.
- E. You can use multiple currencies within a trade operation for the same charge name on different lines.
Answer: A,E
Explanation:
Reference:
NEW QUESTION # 75
Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)
- A. Work Order Costs
- B. Purchase Variance Summary
- C. Item Costs
- D. Inventory Valuation
- E. Cost Processing
- F. Journal Entries
Answer: A,B,D
Explanation:
Reference:
NEW QUESTION # 76
Identify three Landed Cost Management tasks.
- A. Perform Allocations
- B. Capture Charges
- C. Create Accounting
- D. View Rolled Up Costs
- E. Manage Cost Scenarios
- F. Review Journal Entries
Answer: A,B,C
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/supply-chain-management/18b/faims/implementing-landed-cost-management.html#FAIMS1854624
NEW QUESTION # 77
......
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