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Oracle 1Z0-1074-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Subledger Accounting | 10% | - Configure accounting rules
|
| Topic 2: Standard Cost Management | 15% | - Define and maintain standard costs
|
| Topic 3: Security and Inventory Configuration | 5% | - Configure inventory costing parameters
|
| Topic 4: Supply Chain Financial Orchestration | 10% | - Set up orchestration flows
|
| Topic 5: Receipt Accounting | 20% | - Manage Receipt Accounting transactions
|
| Topic 6: Cost Accounting | 25% | - Set up Cost Accounting
|
| Topic 7: Landed Cost Management | 15% | - Process landed cost transactions
|
Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)
- A. In-transit Valuation Report
- B. Layer Inventory Valuation Report
- C. Inventory Valuation Report
- D. Cost Accounting Valuation Report
- E. COGS and Revenue Matching Report
- F. Work in Process Inventory Valuation Report
- G. Costing Account Balances Report
Correct Answer: A,B,C,G 🗳️
Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).
At what level can you define item cost profiles?
- A. Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
- B. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
- C. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
- D. 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.
Correct Answer: D 🗳️
Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).
When running the Transfer Costs to Cost Management process, where will the primary default source for costs come from and what is the effect?
- A. Requisition costs; validated costs can be used.
- B. Receivables invoices; actual cost can be used.
- C. Purchase order costs; item catalog costs can be used.
- D. Receipt costs; costs include adjustments.
- E. Payables invoices; invoice price variance can be added to item cost.
Correct Answer: E 🗳️
Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).
You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?
- A. It is only used when you do not need to maintain an arm's length relationship.
- B. It can help you with consolidated financial reporting.
- C. It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.
- D. It can help you understand true margins and value added by internal business units through the internal supply chain.
- E. It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.
Correct Answer: B,C,D 🗳️
Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).
You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work are a. Why can't you see this process?
- A. Purchase order information should not be imported into Receipt Accounting.
- B. You do not have the role to import purchase order information into Receipt Accounting.
- C. This process can only be scheduled and run from the Receipt Accounting work area
- D. All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.
- E. Purchase order information is automatically sent to Receipt Accounting using a real-time method
Correct Answer: E 🗳️
Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).
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