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Oracle 1Z0-1074-26 Exam Syllabus Topics:

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

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Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions (Q78-Q83):

NEW QUESTION # 78
Which four statements describe what is unique about Cost Accounting for items received into inventory as consigned?

A. Consigned items can appear on inventory reports with information about the eventual value of the consigned item
B. A consumption can automatically trigger a momentary ownership transaction before the consumption transaction.
C. Consigned items cannot appear on inventory reports with information about the eventual value of the consigned item.
D. The liability for a consigned item occurs when there is an ownership event.
E. The quantity is tracked in inventory but not as an asset until there is an ownership event
F. There is no difference between owned inventory and consigned inventory.

Answer: A,C,D,F

Explanation:
Reference:

NEW QUESTION # 79
Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

A. Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
B. Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
C. Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
D. Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
E. Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs

Answer: E

Explanation:
Reference:

NEW QUESTION # 80
When attempting to open costing periods, your customer is receiving the following error:
Error: You do not have the required permission. You can request that your help desk change your security settings.
What configuration needs to be done so your customer will be able to open the Cost Accounting period?

A. Create Data Access on the Accounts Payable role for the correct cost organization.
B. Create Data Access on the Cost Accountant role for the correct cost organization.
C. Create Data Access on the Cost Accountant role for the correct inventory organization.
D. Create Data Access on the Accounts Payable role for the correct inventory organization.

Answer: B

NEW QUESTION # 81
At what level can you define item cost profiles?

A. Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.
B. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
C. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
D. Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.

Answer: A

Explanation:
Reference:

NEW QUESTION # 82
Select two ways to define the standard cost for an item from the Cost Accounting work area.

A. Create Standard Cost in a spreadsheet.
B. Import standard costs from receipt layers.
C. Manage the Standard Cost task.
D. Manage the Item Cost task.

Answer: A,C

Explanation:
:

NEW QUESTION # 83
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