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Oracle 1Z0-1074-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Setup and Configuration | - Cost organizations and cost profiles setup - Cost methods and valuation structures - Cost component definitions and mappings |
| Troubleshooting and Best Practices | - Common configuration issues - Performance and reconciliation best practices |
| Cost Accounting and Distribution | - Subledger accounting integration - Cost accounting distributions |
| Cost Management Cloud Overview | - Application architecture and key components - Cost accounting fundamentals in Oracle Cloud |
| Inventory and Costing Processes | - Work in process (WIP) cost flows - Inventory transactions cost processing - Receipt accounting and cost updates |
| Period Close and Reporting | - Cost reports and reconciliation - Cost period close process |
Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
Question 1
A chart of accounts (COA) must be specified on the accounting method for which two situations?
A. When account combination rules use constants
B. When using account combination rules
C. Every accounting method should have a COA.
D. When using segment rules
E. When using ledgers that have unique accounting requirements
Question 2
Which statement is true regarding the cost cutoff date in Cost Accounting?
A. Transactions with a transaction date before the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is before the transaction date.
B. Transactions with a transaction date after the cost cutoff date will not be processed. These transactions will never be processed in any subsequent cost processor run.
C. It only affects whether or not you can process a cost adjustment.
D. Transactions with a transaction date after the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is later than the transaction date.
Question 3
Select two ways to define the standard cost for an item from the Cost Accounting work area.
A. Import standard costs from receipt layers.
B. Create Standard Cost in a spreadsheet.
C. Manage the Item Cost task.
D. Manage the Standard Cost task.
Question 4
Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?
A. Purchasing
B. Inventory
C. Financial Orchestration
D. Shipping
E. Order Management
Question 5
Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?
A. Business Unit and Legal Entity
B. Legal Entity and Cost Organization
C. Business Unit and Inventory Organization
D. Inventory Organization and Legal Entity
E. Inventory Organization and Cost Organization
F. Business Unit and Cost Organization
Solutions:
| Question 1 Answer: C,D | Question 2 Answer: D | Question 3 Answer: B,D | Question 4 Answer: C | Question 5 Answer: C |
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