1Z0-1074-26 Valid Guide Files Exam 100% Pass | 1Z0-1074-26: Oracle Cost Management Cloud 2026 Implementation Professional

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: 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 2: Receipt Accounting20%- Manage Receipt Accounting transactions
        • 1. Analyze and reconcile accruals
          • 2. Run period-end close
            - Configure Receipt Accounting
            • 1. Accrue at period end
              • 2. Receipt accrual process
                Topic 3: Landed Cost Management15%- Configure Landed Cost
                • 1. Define charge types and rules
                  • 2. Set up estimated vs actual costs
                    - Process landed cost transactions
                    • 1. Reconcile variances
                      • 2. Allocate charges
                        Topic 4: Cost Accounting25%- Set up Cost Accounting
                        • 1. Configure cost components and elements
                          • 2. Define cost methods
                            • 3. Set up cost profiles
                              - Process and analyze costs
                              • 1. Run cost processor
                                • 2. Period-end valuation and close
                                  • 3. Review cost distributions
                                    Topic 5: Supply Chain Financial Orchestration10%- Set up orchestration flows
                                    • 1. Configure financial rules
                                      • 2. Define business events
                                        - Monitor and troubleshoot flows
                                        • 1. Track transaction status
                                          • 2. Resolve exceptions
                                            Topic 6: Standard Cost Management15%- 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 7: Subledger Accounting10%- Review accounting entries
                                                    • 1. Validate subledger journals
                                                      • 2. Transfer to General Ledger
                                                        - Configure accounting rules
                                                        • 1. Account derivation rules
                                                          • 2. Journal line definitions

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

                                                            NEW QUESTION # 41
                                                            Which two rules determine whether a condition has been met for accounting rules?

                                                            Answer: B,D

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 42
                                                            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,B

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 43
                                                            You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.
                                                            What do you need to do for your receipt to show up?

                                                            Answer: A

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 44
                                                            When running the Transfer Costs to Cost Management process, where will the primary default source for costs come from and what is the effect?

                                                            Answer: A

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 45
                                                            Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
                                                            Which subject area would you select to create this report?

                                                            Answer: C

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 46
                                                            ......

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