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Oracle 1Z0-1074-26 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Supply Chain Financial Orchestration	10%	- Monitor and troubleshoot flows 1. Resolve exceptions 2. Track transaction status - Set up orchestration flows 1. Configure financial rules 2. Define business events
Topic 2: Standard Cost Management	15%	- Define and maintain standard costs 1. Update and publish standard costs 2. Create cost scenarios - Analyze standard cost variances 1. Usage and rate variances 2. Purchase price variance
Topic 3: Landed Cost Management	15%	- Process landed cost transactions 1. Allocate charges 2. Reconcile variances - Configure Landed Cost 1. Define charge types and rules 2. Set up estimated vs actual costs
Topic 4: Subledger Accounting	10%	- Review accounting entries 1. Transfer to General Ledger 2. Validate subledger journals - Configure accounting rules 1. Journal line definitions 2. Account derivation rules
Topic 5: Cost Accounting	25%	- Set up Cost Accounting 1. Define cost methods 2. Configure cost components and elements 3. Set up cost profiles - Process and analyze costs 1. Run cost processor 2. Review cost distributions 3. Period-end valuation and close
Topic 6: Receipt Accounting	20%	- Manage Receipt Accounting transactions 1. Run period-end close 2. Analyze and reconcile accruals - Configure Receipt Accounting 1. Receipt accrual process 2. Accrue at period end
Topic 7: Security and Inventory Configuration	5%	- Set up access control 1. Define roles and data security - Configure inventory costing parameters 1. Organization costing options 2. Item cost attributes

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

Question #1

Which four statements describe what is unique about Cost Accounting for items received into inventory as consigned?

A. The liability for a consigned item occurs when there is an ownership event.
B. There is no difference between owned inventory and consigned inventory.
C. Consigned items cannot appear on inventory reports with information about the eventual value of the consigned item.
D. The quantity is tracked in inventory but not as an asset until there is an ownership event
E. Consigned items can appear on inventory reports with information about the eventual value of the consigned item
F. A consumption can automatically trigger a momentary ownership transaction before the consumption transaction.

Reveal Solution Discussion 0

Correct Answer: A,B,C,E 🗳️