1Z0-1074-26 Certification Questions & 1Z0-1074-26 Valid Exam Fee

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Weight	Objectives
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
Subledger Accounting	10%	- Review accounting entries 1. Validate subledger journals 2. Transfer to General Ledger - Configure accounting rules 1. Journal line definitions 2. Account derivation 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
Landed Cost Management	15%	- Process landed cost transactions 1. Allocate charges 2. Reconcile variances - Configure Landed Cost 1. Define charge types and rules 2. Set up estimated vs actual costs
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
Receipt Accounting	20%	- Configure Receipt Accounting 1. Accrue at period end 2. Receipt accrual process - Manage Receipt Accounting transactions 1. Run period-end close 2. Analyze and reconcile accruals
Cost Accounting	25%	- Process and analyze costs 1. Run cost processor 2. Period-end valuation and close 3. Review cost distributions - Set up Cost Accounting 1. Configure cost components and elements 2. Set up cost profiles 3. Define cost methods

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q20-Q25):

NEW QUESTION # 20
Identify four processors available in the cost processor.

A. Cost of Goods Sold Processor
B. Receipt Processor
C. Costing Period Processor
D. Cost Distribution Processor
E. Cost Reports Processor
F. Cost Accounting Processor

Answer: A,D,E,F

Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/fapma/manage-cost-accounting.html#FAPMA146491

NEW QUESTION # 21
Identify four characteristics of a cost element.

A. It uses date effectivity.
B. It is the granularity at which costs are tracked and accounted.
C. The mapping of cost components into cost elements is user-defined.
D. It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
E. It is user-defined.
F. Users can define any number of cost elements.

Answer: A,C,D,E

Explanation:
Reference:

NEW QUESTION # 22
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 Journal Entry Rule Set task.
B. Add the subledger journal entry rule sets to the Manage Accounting Methods task.
C. Run the "Activate Accounting Methods" process.
D. Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.
E. Run the "Activate Subledger Journal Entry Rule Set Assignments" process.

Answer: B,E

Explanation:
Reference:

NEW QUESTION # 23
You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?

A. It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.
B. It is only used when you do not need to maintain an arm's length relationship.
C. It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.
D. It can help you with consolidated financial reporting.
E. It can help you understand true margins and value added by internal business units through the internal supply chain.

Answer: A,D,E

Explanation:
Reference:

NEW QUESTION # 24
Select the two valid relationships between subledger components.

A. The accounting method groups journal entry rule sets by Event Class and Event Type.
B. Journal entry rules are used to hold accounting rules.
C. The journal lines hold the journal entry rule sets.
D. The accounting method holds the accounting rules by Event Class and Event Type.
E. Journal entry rule sets hold journal rules and accounting rules.

Answer: B,E

Explanation:
Reference:
https://docs.oracle.com/cd/E51367_01/financialsop_gs/FAISL/F1456683AN11328.htm

NEW QUESTION # 25
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