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Oracle 1Z0-1074-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Integration with Oracle Cloud Applications | - Integration with Inventory and Manufacturing - Integration with Financials and Subledger Accounting |
| Setup and Configuration | - Inventory valuation and accounting setup - Subledger accounting configuration - Cost organization and cost book setup |
| Cost Analysis and Reporting | - Cost reconciliation and variance analysis - Cost reports and inquiries |
| Cost Processing | - Cost distribution and adjustments - Resource and overhead costing - Material cost accounting |
| Cost Management Overview | - Costing methods and principles - Cost accounting concepts in Oracle Cloud |
Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
Identify the four types of cost adjustments.
- A. Authorized users can manually create cost adjustments.
- B. A change to a requisition after the purchase order has been created will create a cost adjustment. D. A revenue recognition event, which in turn triggers a cost of goods sold recognition event, can cause a cost adjustment.
- C. A retroactive purchase order price adjustment can cause an adjustment to the inventory value and the cost of goods sold.
- D. A standard cost update will create an inventory value adjustment.
- E. When a supplier invoice is processed in accounts payable, it can cause an adjustment to the inventory value and the cost of goods sold if the amounts processed for payment are different from the estimated amount on the purchaseorder.
Correct Answer: A,C,D,E 🗳️
Select the two valid relationships between subledger components.
- A. The accounting method holds the accounting rules by Event Class and Event Type.
- B. The journal lines hold the journal entry rule sets.
- C. Journal entry rules are used to hold accounting rules.
- D. The accounting method groups journal entry rule sets by Event Class and Event Type.
- E. Journal entry rule sets hold journal rules and accounting rules.
Correct Answer: C,E 🗳️
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How is the standard cost of a manufactured configured item calculated?
- A. The standard cost of a model item is calculated.
- B. It is based on the material and resource requirements of a released work order.
- C. The standard cost is calculated for every possible combination of options under a model
- D. It is based on the actual cost of the work order after it is completed.
Correct Answer: A 🗳️
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Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?
- A. Uninvoiced Receipt Accrual Report
- B. Receipt Accounting Real Time Report
- C. Accrual Clearing Report
- D. Accrual Reconciliation Report
- E. Accrual Supplier Liability Report
Correct Answer: D 🗳️
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Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)
- A. Journal Entries
- B. Cost Processing
- C. Inventory Valuation
- D. Item Costs
- E. Work Order Costs
- F. Purchase Variance Summary
Correct Answer: C,E,F 🗳️
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