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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Objectives
Topic 1: Setup and Configuration	- Inventory valuation and accounting setup - Cost organization and cost book setup - Subledger accounting configuration
Topic 2: Cost Analysis and Reporting	- Cost reports and inquiries - Cost reconciliation and variance analysis
Topic 3: Integration with Oracle Cloud Applications	- Integration with Financials and Subledger Accounting - Integration with Inventory and Manufacturing
Topic 4: Cost Processing	- Material cost accounting - Resource and overhead costing - Cost distribution and adjustments
Topic 5: Cost Management Overview	- Cost accounting concepts in Oracle Cloud - Costing methods and principles

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q39-Q44):

NEW QUESTION # 39
Identify four processors available in the cost processor.

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

Answer: A,B,E,F

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

NEW QUESTION # 40
Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario

A. Work definitions with the highest production priority
B. Work definitions without alternates
C. Work definitions with the lowest production priority
D. Work definitions with the highest costing priority
E. Work definitions with specific unit numbers

Answer: A,D

Explanation:
Reference:

NEW QUESTION # 41
Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)

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

Answer: A,C,D,F

Explanation:
Reference:

NEW QUESTION # 42
Identify four features provided by the Review Work Order Costs UI when displaying work order

A. Incremental Costs
B. Input Costs
C. Output Costs
D. Standard Cost variances
E. Variable Costs
F. Scrap Costs

Answer: B,C,D,F

Explanation:
Reference:

NEW QUESTION # 43
How is the standard cost of a manufactured configured item calculated?

A. The standard cost is calculated for every possible combination of options under a model
B. It is based on the material and resource requirements of a released work order.
C. It is based on the actual cost of the work order after it is completed.
D. The standard cost of a model item is calculated.

Answer: D

Explanation:
Reference:

NEW QUESTION # 44
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