Oracle 1z0-1074-23 Exam : Oracle Cost Management Cloud 2023 Implementation Essentials

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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

Question 1

After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?

A. Adjustments
B. Cost of Goods Sold
C. Overhead
D. In-transit
E. Retro-reprice

Question 2

You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?

A. Reference Types
B. Charge Name
C. Routes
D. Trade Operation
E. Trade Operation Templates

Question 3

Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

A. Inventory
B. Order Management
C. Purchasing
D. Shipping
E. Financial Orchestration

Question 4

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

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

Question 5

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.

Solutions: