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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Objectives
Topic 1: Cost Accounting and Distribution	- Cost accounting distributions - Subledger accounting integration
Topic 2: Inventory and Costing Processes	- Inventory transactions cost processing - Work in process (WIP) cost flows - Receipt accounting and cost updates
Topic 3: Setup and Configuration	- Cost component definitions and mappings - Cost organizations and cost profiles setup - Cost methods and valuation structures
Topic 4: Troubleshooting and Best Practices	- Common configuration issues - Performance and reconciliation best practices
Topic 5: Period Close and Reporting	- Cost reports and reconciliation - Cost period close process
Topic 6: Cost Management Cloud Overview	- Application architecture and key components - Cost accounting fundamentals in Oracle Cloud

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q47-Q52):

NEW QUESTION # 47
You have configured the application as follows:
* Expense items are set to accrue at receipt.
* Receipt Close tolerance is set to 75 percent.
* Purchasing Line types are set to 2-way match.
When you create a purchase order, the Accrue on Receipt check box is automatically selected when a line is added.
Which two configurations changes will ensure the Accrue on Receipt check box is not selected by default?

A. Change the Purchasing Line types to 3-way match.
B. Change the Purchasing Line types to 4-way match.
C. Change expense items to accrue at period end.
D. Change inventory items to accrue at period end.
E. Change the Receipt Close tolerance so it is 100 percent.

Answer: A,B

Explanation:
Reference:

NEW QUESTION # 48
Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015 effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
How will the application select the work definition?

A. It must always use the work definition with the October 1, 2015 effective date.
B. Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.
C. It will use the work definition with the January 2, 2016 effective date.
D. You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.

Answer: D

Explanation:
Reference:

NEW QUESTION # 49
You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?

A. Trade Operation
B. Orders
C. Charge Name
D. Cost Scenario
E. Routes

Answer: A

Explanation:
Reference:

NEW QUESTION # 50
What are the predefined areas that give you visibility into the status of Receipt Accounting, on the overview page in the Receipt Accounting work area?

A. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Transactions
B. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Period Validation Status
C. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Period Validation Status
D. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Transactions
E. Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting Transactions

Answer: D

Explanation:
Reference:

NEW QUESTION # 51
When running the Transfer Costs to Cost Management process, where will the primary default source for costs come from and what is the effect?

A. Payables invoices; invoice price variance can be added to item cost.
B. Receivables invoices; actual cost can be used.
C. Receipt costs; costs include adjustments.
D. Purchase order costs; item catalog costs can be used.
E. Requisition costs; validated costs can be used.

Answer: A

Explanation:
Reference:

NEW QUESTION # 52
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