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Oracle 1Z0-1074-26 Exam Syllabus Topics:

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

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q23-Q28):

NEW QUESTION # 23
Which two types of costs are included in the cost of contract manufactured items?

A. The cost of the contract manufacturing service Item. This is the price that the contract
B. Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
C. The cost of resources consumed at the OEM's factory
D. The cost of items that the original equipment manufacturer (OEM) owns and has provided to the contract manufacturer for use in the process of making the output Items
E. The cost of Items that the contract manufacturer had to purchase to perform the contract manufacturing service, and the cost of resources used by the contract manufacturer

Answer: D,E

Explanation:
Reference:

NEW QUESTION # 24
Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?

A. Uninvoiced Receipt Accrual Report
B. Accrual Reconciliation Report
C. Accrual Clearing Report
D. Receipt Accounting Real Time Report
E. Accrual Supplier Liability Report

Answer: B

Explanation:
Reference:
https://docs.oracle.com/cloud/farel12/scmcs_gs/FAPMA/FAPMA2269725.htm#FAPMA2269725

NEW QUESTION # 25
Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that hold normal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.
Which cost policy supports this requirement?

A. Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization.
B. Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.
C. EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."
D. Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory.
E. Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.

Answer: C

Explanation:
Reference:

NEW QUESTION # 26
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: Expense Accrual Event Type: Period End Accrual
B. Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
C. Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual
D. Event Class: Period End Accrual Event Type: Period End Accrual
E. Event Class: Expense Accrual Event Type: Expense Accrual

Answer: D

Explanation:
Reference:

NEW QUESTION # 27
Landed Cost Variance Analysis can be performed based on which three dimension combinations?

A. Item Category/Material Supplier/Landed Cost Charge
B. Inventory Organization/Landed Cost Charge/Third Party Supplier
C. Item Catalog/Inventory Organization/Business Unit
D. Item/Business Unit/Route
E. Business Unit/Landed Cost Charge/Cost Organization

Answer: C

Explanation:
Reference:

NEW QUESTION # 28
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