1Z0-1074-26 Certification Questions Exam 100% Pass | Oracle 1Z0-1074-26: Oracle Cost Management Cloud 2026 Implementation Professional

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Supply Chain Financial Orchestration10%- Set up orchestration flows
  • 1. Define business events
    • 2. Configure financial rules
      - Monitor and troubleshoot flows
      • 1. Track transaction status
        • 2. Resolve exceptions
          Topic 2: Security and Inventory Configuration5%- Configure inventory costing parameters
          • 1. Organization costing options
            • 2. Item cost attributes
              - Set up access control
              • 1. Define roles and data security
                Topic 3: Cost Accounting25%- Set up Cost Accounting
                • 1. Define cost methods
                  • 2. Set up cost profiles
                    • 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 4: 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
                                    Topic 5: Subledger Accounting10%- Review accounting entries
                                    • 1. Validate subledger journals
                                      • 2. Transfer to General Ledger
                                        - Configure accounting rules
                                        • 1. Journal line definitions
                                          • 2. Account derivation rules
                                            Topic 6: Receipt Accounting20%- 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 7: 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

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                                                            Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q25-Q30):

                                                            NEW QUESTION # 25
                                                            Identify two characteristics of Landed Cost charge names.

                                                            Answer: B,C

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 26
                                                            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.

                                                            Answer: C,E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 27
                                                            Identify the four types of cost adjustments.

                                                            Answer: A,B,C,E


                                                            NEW QUESTION # 28
                                                            If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?

                                                            Answer: A,E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 29
                                                            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?

                                                            Answer: D

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 30
                                                            ......

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