1Z0-1074-26 Dumps Torrent: Oracle Cost Management Cloud 2026 Implementation Professional & 1Z0-1074-26 Real Questions

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Weight	Objectives
Supply Chain Financial Orchestration	10%	- Monitor and troubleshoot flows 1. Track transaction status 2. Resolve exceptions - Set up orchestration flows 1. Define business events 2. Configure financial rules
Standard Cost Management	15%	- Analyze standard cost variances 1. Usage and rate variances 2. Purchase price variance - Define and maintain standard costs 1. Create cost scenarios 2. Update and publish standard costs
Receipt Accounting	20%	- Configure Receipt Accounting 1. Receipt accrual process 2. Accrue at period end - Manage Receipt Accounting transactions 1. Run period-end close 2. Analyze and reconcile accruals
Security and Inventory Configuration	5%	- Set up access control 1. Define roles and data security - Configure inventory costing parameters 1. Item cost attributes 2. Organization costing options
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. Allocate charges 2. Reconcile variances
Subledger Accounting	10%	- Configure accounting rules 1. Account derivation rules 2. Journal line definitions - Review accounting entries 1. Transfer to General Ledger 2. Validate subledger journals
Cost Accounting	25%	- Set up Cost Accounting 1. Define cost methods 2. Configure cost components and elements 3. Set up cost profiles - Process and analyze costs 1. Period-end valuation and close 2. Review cost distributions 3. Run cost processor

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q41-Q46):

NEW QUESTION # 41
You can track costs at what granularity level in Cost Accounting for the actual costing method?

A. Grade, Subinventory, Locator, Serial
B. Subinventory. Lot, Serial, Grade
C. Subinventory, Make, Lot, Serial
D. Grade, Serial, Group, Lot
E. Subinventory, Lot, Serial, Locator

Answer: B

Explanation:
Reference:

NEW QUESTION # 42
You have an item with two work definitions. One work definition is production priority 1 and named Plan A. Another work definition is production priority 2 and named Plan B. In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B.

A. While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
B. The cost planning scenario will use both work definitions for the item.
C. The application will generate an error because there are two work definitions for the same item.
D. The scenario will choose the work definition that is production priority 1.
E. The application will use the work definition that is named Plan B.

Answer: D

Explanation:
Reference:

NEW QUESTION # 43
You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assembly shows "0" cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
Identify two reasons this happened.

A. The assembly item is marked as Perpetual Average costed.
B. The Work Definition is incomplete.
C. Outstanding purchase orders have not been received.
D. The item has no on-hand inventory.
E. Burdens have not been established for the item

Answer: A,B

Explanation:
Reference:

NEW QUESTION # 44
Which three cost planning tasks can be performed in the Cost Accounting work area?

A. Analyzing and Comparing Costs
B. Estimating Standard Costs for Assemblies
C. Review Item Costs
D. Management Cost Accounting Periods
E. Manage Resource Rates
F. Review Work Order Costs

Answer: A,B,E

Explanation:
Reference:
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_C97AC111350F0D3EE040D30A68814D11

NEW QUESTION # 45
Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)

A. Cost Accounting Valuation Report
B. Inventory Valuation Report
C. COGS and Revenue Matching Report
D. Costing Account Balances Report
E. Layer Inventory Valuation Report
F. In-transit Valuation Report
G. Work in Process Inventory Valuation Report

Answer: B,D,E,F

Explanation:
Reference:

NEW QUESTION # 46
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