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Oracle 1Z0-1074-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Integration with Oracle Cloud Applications | - Integration with Inventory and Manufacturing - Integration with Financials and Subledger Accounting |
| Topic 2: Setup and Configuration | - Cost organization and cost book setup - Inventory valuation and accounting setup - Subledger accounting configuration |
| Topic 3: Cost Management Overview | - Cost accounting concepts in Oracle Cloud - Costing methods and principles |
| Topic 4: Cost Analysis and Reporting | - Cost reconciliation and variance analysis - Cost reports and inquiries |
| Topic 5: Cost Processing | - Cost distribution and adjustments - Material cost accounting - Resource and overhead costing |
Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
Which two rules determine whether a condition has been met for accounting rules?
- A. After all conditions are tested, the final resulting value is used.
- B. The conditions are evaluated in the sequence they are defined in the accounting rule.
- C. When the condition is met, the rule associated with that priority is used.
- D. Priorities determine the order in which accounting rule conditions are examined.
- E. Use parenthesis to control the order of the condition evaluation.
Correct Answer: C,D 🗳️
Explanation: Only visible for Dumpexams members. You can sign-up / login (it's free).
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. Orders
- B. Cost Scenario
- C. Routes
- D. Charge Name
- E. Trade Operation
Correct Answer: E 🗳️
Explanation: Only visible for Dumpexams members. You can sign-up / login (it's free).
At what level can you define item cost profiles?
- A. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
- B. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
- C. 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.
- D. Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
Correct Answer: C 🗳️
Explanation: Only visible for Dumpexams members. You can sign-up / login (it's free).
Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)
- A. Purchase Variance Summary
- B. Journal Entries
- C. Inventory Valuation
- D. Item Costs
- E. Work Order Costs
- F. Cost Processing
Correct Answer: A,C,E 🗳️
Explanation: Only visible for Dumpexams members. You can sign-up / login (it's free).
Identify two characteristics of a cost profile.
- A. It is used for calculating the estimated cost of manufactured items under different scenarios.
- B. It is used for Receipt Accounting.
- C. It is where you define your Cost Accounting policies.
- D. It is where you define which cost method you want to use for the cost component to cost element mapping.
Correct Answer: B,C 🗳️
Explanation: Only visible for Dumpexams members. You can sign-up / login (it's free).
