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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Receipt Accounting	20%	- Manage Receipt Accounting transactions 1. Analyze and reconcile accruals 2. Run period-end close - Configure Receipt Accounting 1. Receipt accrual process 2. Accrue at period end
Topic 2: Cost Accounting	25%	- Process and analyze costs 1. Period-end valuation and close 2. Review cost distributions 3. Run cost processor - Set up Cost Accounting 1. Define cost methods 2. Configure cost components and elements 3. Set up cost profiles
Topic 3: 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 4: 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 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: Subledger Accounting	10%	- Configure accounting rules 1. Journal line definitions 2. Account derivation rules - Review accounting entries 1. Validate subledger journals 2. Transfer to General Ledger

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q75-Q80):

NEW QUESTION # 75
Landed Cost Variance Analysis can be performed based on which three dimension combinations?

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

Answer: C

Explanation:
Reference:

NEW QUESTION # 76
You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?

A. Add the subledger journal entry rule sets to the Manage Accounting Methods task.
B. Run the "Activate Subledger Journal Entry Rule Set Assignments" process.
C. Run the "Activate Accounting Methods" process.
D. Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.
E. Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.

Answer: A,B

NEW QUESTION # 77
Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario

A. Work definitions with the lowest production priority
B. Work definitions with the highest costing priority
C. Work definitions with the highest production priority
D. Work definitions without alternates
E. Work definitions with specific unit numbers

Answer: B,C

Explanation:
Reference:

NEW QUESTION # 78
If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings? (Choose Three)

A. Review errors in the Create Accounting Execution log.
B. Query the transaction from Review Cost Accounting Distributions to see the error message.
C. Review errors in the Create Accounting Execution report.
D. Refer to the Accounting Event Diagnostic Log.
E. Refer to the Accounting Event Diagnostic report.

Answer: B,C,E

Explanation:
Reference:

NEW QUESTION # 79
Which two types of costs are included in the cost of contract manufactured items?

A. Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
B. The cost of resources consumed at the OEM's factory
C. 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
D. 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
E. The cost of the contract manufacturing service Item. This is the price that the contract

Answer: C,D

Explanation:
Reference:

NEW QUESTION # 80
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