Oracle 1Z0-1074-26 Exam : Oracle Cost Management Cloud 2026 Implementation Professional

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Oracle 1Z0-1074-26 Exam Syllabus Topics:

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

Oracle Cost Management Cloud 2026 Implementation Professional Sample Questions:

Question #1

Identify two characteristics of Landed Cost charge names.

A. Charge names cannot be associated with a PO schedule.
B. You can modify a charge name until it is associated with a trade operation.
C. Duty is a seeded charge name for Landed Cost.
D. You can use multiple currencies within a trade operation for the same charge name on different lines.
E. Charge names cannot be used to tie an invoice to a trade operation.

Reveal Solution Discussion 0

Correct Answer: B,D 🗳️