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Oracle 1Z0-1074-26 Exam Syllabus Topics:

SectionWeightObjectives
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
          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
                Cost Accounting25%- Set up Cost Accounting
                • 1. Define cost methods
                  • 2. Set up cost profiles
                    • 3. Configure cost components and elements
                      - Process and analyze costs
                      • 1. Run cost processor
                        • 2. Period-end valuation and close
                          • 3. Review cost distributions
                            Standard Cost Management15%- Analyze standard cost variances
                            • 1. Usage and rate variances
                              • 2. Purchase price variance
                                - Define and maintain standard costs
                                • 1. Update and publish standard costs
                                  • 2. Create cost scenarios
                                    Landed Cost Management15%- Configure Landed Cost
                                    • 1. Set up estimated vs actual costs
                                      • 2. Define charge types and rules
                                        - Process landed cost transactions
                                        • 1. Allocate charges
                                          • 2. Reconcile variances
                                            Receipt Accounting20%- Manage Receipt Accounting transactions
                                            • 1. Analyze and reconcile accruals
                                              • 2. Run period-end close
                                                - Configure Receipt Accounting
                                                • 1. Receipt accrual process
                                                  • 2. Accrue at period end
                                                    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

                                                            Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

                                                            Question #1

                                                            How is the standard cost of a manufactured configured item calculated?

                                                            • A. It is based on the material and resource requirements of a released work order.
                                                            • B. It is based on the actual cost of the work order after it is completed.
                                                            • C. The standard cost of a model item is calculated.
                                                            • D. The standard cost is calculated for every possible combination of options under a model
                                                            Reveal Solution  Discussion  0

                                                            Correct Answer: C  🗳️

                                                            Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).

                                                            Question #2

                                                            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 Cost Accountant role for the correct inventory organization.
                                                            • B. Create Data Access on the Cost Accountant role for the correct cost organization.
                                                            • C. Create Data Access on the Accounts Payable role for the correct cost organization.
                                                            • D. Create Data Access on the Accounts Payable role for the correct inventory organization.
                                                            Reveal Solution  Discussion  0

                                                            Correct Answer: B  🗳️

                                                            Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).

                                                            Question #3

                                                            Landed Cost Variance Analysis can be performed based on which three dimension combinations?

                                                            • A. Business Unit/Landed Cost Charge/Cost Organization
                                                            • B. Item Category/Material Supplier/Landed Cost Charge
                                                            • C. Inventory Organization/Landed Cost Charge/Third Party Supplier
                                                            • D. Item Catalog/Inventory Organization/Business Unit
                                                            • E. Item/Business Unit/Route
                                                            Reveal Solution  Discussion  0

                                                            Correct Answer: D  🗳️

                                                            Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).

                                                            Question #4

                                                            Which four steps need to be completed to establish standard costs for a make item?

                                                            • A. Publish costs
                                                            • B. Run preprocessor
                                                            • C. Complete cost roll-up
                                                            • D. Create a new cost scenario
                                                            • E. Export item costs
                                                            • F. Add standard costs to a cost scenario
                                                            Reveal Solution  Discussion  0

                                                            Correct Answer: A,C,D,F  🗳️

                                                            Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).

                                                            Question #5

                                                            Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

                                                            • A. Landed Cost Management
                                                            • B. Product Model
                                                            • C. Inventory Management
                                                            • D. Receipt Accounting
                                                            • E. Cost Accounting
                                                            Reveal Solution  Discussion  0

                                                            Correct Answer: C  🗳️

                                                            Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).

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