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| Section | Weight | Objectives |
|---|
| Topic 1: Standard Cost Management | 15% | - 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 2: Landed Cost Management | 15% | - 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
|
| Topic 3: 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 4: 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. Run cost processor
- 2. Period-end valuation and close
- 3. Review cost distributions
|
| Topic 5: Receipt Accounting | 20% | - Configure Receipt Accounting
- 1. Accrue at period end
- 2. Receipt accrual process
- Manage Receipt Accounting transactions
- 1. Analyze and reconcile accruals
- 2. Run period-end close
|
| Topic 6: Subledger Accounting | 10% | - Configure accounting rules
- 1. Journal line definitions
- 2. Account derivation rules
- Review accounting entries
- 1. Transfer to General Ledger
- 2. Validate subledger journals
|
| Topic 7: 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
|
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Oracle 1Z0-1074-26 Actual Test Answers & Valid Dumps 1Z0-1074-26 Free
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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q76-Q81):
NEW QUESTION # 76
A chart of accounts (COA) must be specified on the accounting method for which two situations?
- A. When using ledgers that have unique accounting requirements
- B. When account combination rules use constants
- C. Every accounting method should have a COA.
- D. When using account combination rules
- E. When using segment rules
Answer: C,E
Explanation:
Reference:
NEW QUESTION # 77
Identify two ways that standard cost is calculated.
- A. The standard cost is the sum of the cost of the selected option items.
- B. Users must manually enter the cost of each configured item; the calculation is not automated.
- C. The roll-up calculation can be performed to update standard costs for Cost Accounting purposes
- D. The cost of a configured item is calculated based on the work definition of the model item.
- E. The standard cost of the configured item is based on the purchase order price quoted by the
Answer: A,C
Explanation:
Reference:
NEW QUESTION # 78
How is the standard cost of a manufactured configured item calculated?
- A. It is based on the actual cost of the work order after it is completed.
- B. It is based on the material and resource requirements of a released work order.
- C. The standard cost is calculated for every possible combination of options under a model
- D. The standard cost of a model item is calculated.
Answer: D
Explanation:
Reference:
NEW QUESTION # 79
Your client wants their expense items to be accrued at receipt. Which two configurations support this requirement?
- A. Product Information Management > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "Yes".
- B. Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.
- C. Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at Period End.
- D. Product Information Management > Search and select item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "No".
- E. Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to At Receipt.
- F. Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to Period End.
Answer: D,E
Explanation:
Reference:
NEW QUESTION # 80
After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?
- A. Overhead
- B. Adjustments
- C. Retro-reprice
- D. Cost of Goods Sold
- E. In-transit
Answer: E
Explanation:
Cost Accounting Processor processes is consisted of Physical inventory transactions andTrade transactions. Trade Accounting Processor to process all in-transit transactions.
Reference:
NEW QUESTION # 81
......
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