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Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
Security and Inventory Configuration5%- Set up access control
  • 1. Define roles and data security
    - Configure inventory costing parameters
    • 1. Item cost attributes
      • 2. Organization costing options
        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
                Cost Accounting25%- Set up Cost Accounting
                • 1. Set up cost profiles
                  • 2. Configure cost components and elements
                    • 3. Define cost methods
                      - Process and analyze costs
                      • 1. Review cost distributions
                        • 2. Period-end valuation and close
                          • 3. Run cost processor
                            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
                                    Subledger Accounting10%- Configure accounting rules
                                    • 1. Account derivation rules
                                      • 2. Journal line definitions
                                        - Review accounting entries
                                        • 1. Transfer to General Ledger
                                          • 2. Validate subledger journals
                                            Standard Cost Management15%- 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
                                                    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

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                                                            Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q73-Q78):

                                                            NEW QUESTION # 73
                                                            You can track costs at what granularity level in Cost Accounting for the actual costing method?

                                                            Answer: A

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 74
                                                            Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

                                                            Answer: D

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 75
                                                            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?

                                                            Answer: B

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 76
                                                            Which four steps need to be completed to establish standard costs for a make item?

                                                            Answer: B,C,D,F

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 77
                                                            You have made some changes to your subledger accounting setups for Costing and want to verify that the journal entries are showing up correctly.
                                                            How can you generate a report that allows you to see the subledger journal entries for transactions without actually transferring to the General Ledger?

                                                            Answer: C

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 78
                                                            ......

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