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Oracle 1Z0-1074-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Integration with Oracle Cloud Applications | - Integration with Inventory and Manufacturing - Integration with Financials and Subledger Accounting |
| Topic 2: Cost Processing | - Cost distribution and adjustments - Resource and overhead costing - Material cost accounting |
| Topic 3: Cost Management Overview | - Cost accounting concepts in Oracle Cloud - Costing methods and principles |
| Topic 4: Cost Analysis and Reporting | - Cost reconciliation and variance analysis - Cost reports and inquiries |
| Topic 5: Setup and Configuration | - Cost organization and cost book setup - Subledger accounting configuration - Inventory valuation and accounting setup |
Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:
Identify three characteristics of cost component to cost element mapping.
- A. It is one of the attributes you define as part of your cost profile definitions.
- B. You can only define one cost component to cost element mapping for an installation.
- C. It is user-defined.
- D. It lets you define how cost component level costs will map into cost elements.
- E. You cannot modify, duplicate, or create user-defined cost components.
Correct Answer: A,C,D 🗳️
Explanation: Only visible for DumpsTorrent members. You can sign-up / login (it's free).
When attempting to open costing periods, your customer is receiving the following error:
Error: You do not have the required permission. You can request that your help desk change your security settings.
What configuration needs to be done so your customer will be able to open the Cost Accounting period?
- A. Create Data Access on the Cost Accountant role for the correct inventory organization.
- B. Create Data Access on the Accounts Payable role for the correct inventory organization.
- C. Create Data Access on the Accounts Payable role for the correct cost organization.
- D. Create Data Access on the Cost Accountant role for the correct cost organization.
Correct Answer: D 🗳️
Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?
- A. Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
- B. Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
- C. Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
- D. Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
- E. Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
Correct Answer: D 🗳️
Explanation: Only visible for DumpsTorrent members. You can sign-up / login (it's free).
After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?
- A. Cost of Goods Sold
- B. In-transit
- C. Adjustments
- D. Overhead
- E. Retro-reprice
Correct Answer: B 🗳️
Explanation: Only visible for DumpsTorrent members. You can sign-up / login (it's free).
Which statement is true regarding the cost cutoff date in Cost Accounting?
- A. 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.
- B. 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.
- C. It only affects whether or not you can process a cost adjustment.
- D. 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.
Correct Answer: B 🗳️
Explanation: Only visible for DumpsTorrent members. You can sign-up / login (it's free).
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