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Oracle 1Z0-1074-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Standard Cost Management | 15% | - Define and maintain standard costs
|
| Topic 2: Cost Accounting | 25% | - Set up Cost Accounting
|
| Topic 3: Landed Cost Management | 15% | - Process landed cost transactions
|
| Topic 4: Subledger Accounting | 10% | - Configure accounting rules
|
| Topic 5: Supply Chain Financial Orchestration | 10% | - Monitor and troubleshoot flows
|
| Topic 6: Security and Inventory Configuration | 5% | - Configure inventory costing parameters
|
| Topic 7: Receipt Accounting | 20% | - Manage Receipt Accounting transactions
|
Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
A chart of accounts (COA) must be specified on the accounting method for which two situations?
- A. When using account combination rules
- B. When using ledgers that have unique accounting requirements
- C. When using segment rules
- D. When account combination rules use constants
- E. Every accounting method should have a COA.
Correct Answer: C,E 🗳️
Explanation: Only visible for PrepAway members. You can sign-up / login (it's free).
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. Product Model
- B. Landed Cost Management
- C. Cost Accounting
- D. Receipt Accounting
- E. Inventory Management
Correct Answer: E 🗳️
Explanation: Only visible for PrepAway members. You can sign-up / login (it's free).
Which four steps need to be completed to establish standard costs for a make item?
- A. Complete cost roll-up
- B. Export item costs
- C. Add standard costs to a cost scenario
- D. Publish costs
- E. Create a new cost scenario
- F. Run preprocessor
Correct Answer: A,C,D,E 🗳️
Explanation: Only visible for PrepAway members. You can sign-up / login (it's free).
Which two types of costs are included in the cost of contract manufactured items?
- A. Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
- B. The cost of the contract manufacturing service Item. This is the price that the contract
- C. The cost of resources consumed at the OEM's factory
- D. The cost of Items that the contract manufacturer had to purchase to perform the contract manufacturing service, and the cost of resources used by the contract manufacturer
- E. The cost of items that the original equipment manufacturer (OEM) owns and has provided to the contract manufacturer for use in the process of making the output Items
Correct Answer: D,E 🗳️
Explanation: Only visible for PrepAway members. You can sign-up / login (it's free).
You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?
- A. Run the "Activate Accounting Methods" process.
- B. Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.
- C. Add the subledger journal entry rule sets to the Manage Accounting Methods task.
- D. Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.
- E. Run the "Activate Subledger Journal Entry Rule Set Assignments" process.
Correct Answer: C,E 🗳️
Edgar -
Still valid, passed 93%, 3 to 4 new questions asked