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Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
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
          Subledger Accounting10%- Configure accounting rules
          • 1. Account derivation rules
            • 2. Journal line definitions
              - Review accounting entries
              • 1. Validate subledger journals
                • 2. Transfer to General Ledger
                  Standard Cost Management15%- Analyze standard cost variances
                  • 1. Purchase price variance
                    • 2. Usage and rate variances
                      - Define and maintain standard costs
                      • 1. Update and publish standard costs
                        • 2. Create cost scenarios
                          Cost Accounting25%- Set up Cost Accounting
                          • 1. Define cost methods
                            • 2. Configure cost components and elements
                              • 3. Set up cost profiles
                                - Process and analyze costs
                                • 1. Period-end valuation and close
                                  • 2. Run cost processor
                                    • 3. Review cost distributions
                                      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
                                              Landed Cost Management15%- Process landed cost transactions
                                              • 1. Reconcile variances
                                                • 2. Allocate charges
                                                  - Configure Landed Cost
                                                  • 1. Define charge types and rules
                                                    • 2. Set up estimated vs actual costs
                                                      Security and Inventory Configuration5%- Set up access control
                                                      • 1. Define roles and data security
                                                        - Configure inventory costing parameters
                                                        • 1. Item cost attributes
                                                          • 2. Organization costing options

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                                                            Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q34-Q39):

                                                            NEW QUESTION # 34
                                                            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?

                                                            Answer: C,E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 35
                                                            In which two scenarios would you define account rules based on value sets?

                                                            Answer: B,E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 36
                                                            Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
                                                            How do you accomplish this?

                                                            Answer: E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 37
                                                            Identify the four types of cost adjustments.

                                                            Answer: A,B,C,D


                                                            NEW QUESTION # 38
                                                            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: E

                                                            Explanation:
                                                            Reference:


                                                            NEW QUESTION # 39
                                                            ......

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