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Oracle 1Z0-1074-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Setup and Configuration | - Inventory valuation and accounting setup - Cost organization and cost book setup - Subledger accounting configuration |
| Cost Analysis and Reporting | - Cost reports and inquiries - Cost reconciliation and variance analysis |
| Cost Processing | - Cost distribution and adjustments - Resource and overhead costing - Material cost accounting |
| Integration with Oracle Cloud Applications | - Integration with Inventory and Manufacturing - Integration with Financials and Subledger Accounting |
| Cost Management Overview | - Costing methods and principles - Cost accounting concepts in Oracle Cloud |
Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
Select the two valid relationships between subledger components.
- A. The journal lines hold the journal entry rule sets.
- B. The accounting method groups journal entry rule sets by Event Class and Event Type.
- C. Journal entry rules are used to hold accounting rules.
- D. The accounting method holds the accounting rules by Event Class and Event Type.
- E. Journal entry rule sets hold journal rules and accounting rules.
Correct Answer: C,E 🗳️
Explanation: Only visible for PassLeaderVCE members. You can sign-up / login (it's free).
Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
Which subject area would you select to create this report?
- A. Costing-Cost Accounting Real Time
- B. Costing -Receipt Accounting Real Time
- C. Receipt Accounting-- Receipt Accounting Transactions Real Time
- D. Financials-Subledger Accounting-Detail Transactions
- E. Receipt Accounting- Receipt Accounting Distributions Real Time
Correct Answer: D 🗳️
Explanation: Only visible for PassLeaderVCE members. You can sign-up / login (it's free).
Which two outcomes can happen in create accounting when an account combination returned is end dated?
- A. Suspense accounts cannot be used.
- B. An alternate account will be used if provided.
- C. The preprocessor will pre-warn about this error.
- D. The original account is stored on the journal line.
- E. An error will always occur.
Correct Answer: B,D 🗳️
Explanation: Only visible for PassLeaderVCE members. You can sign-up / login (it's free).
Identify four features provided by the Review Work Order Costs UI when displaying work order
- A. Standard Cost variances
- B. Input Costs
- C. Variable Costs
- D. Incremental Costs
- E. Output Costs
- F. Scrap Costs
Correct Answer: A,B,E,F 🗳️
Explanation: Only visible for PassLeaderVCE members. You can sign-up / login (it's free).
Landed Cost Variance Analysis can be performed based on which three dimension combinations?
- A. Item Catalog/Inventory Organization/Business Unit
- B. Item Category/Material Supplier/Landed Cost Charge
- C. Inventory Organization/Landed Cost Charge/Third Party Supplier
- D. Item/Business Unit/Route
- E. Business Unit/Landed Cost Charge/Cost Organization
Correct Answer: A 🗳️
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