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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. You can track costs at what granularity level in Cost Accounting for the actual costing method?

A) Grade, Serial, Group, Lot
B) Grade, Subinventory, Locator, Serial
C) Subinventory. Lot, Serial, Grade
D) Subinventory, Lot, Serial, Locator
E) Subinventory, Make, Lot, Serial

2. You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work area. Why can't you see this process?

A) This process can only be scheduled and run from the Receipt Accounting work area
B) All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.
C) Purchase order information should not be imported into Receipt Accounting.
D) You do not have the role to import purchase order information into Receipt Accounting.
E) Purchase order information is automatically sent to Receipt Accounting using a real-time method

3. Identify four processors available in the cost processor.

A) Cost of Goods Sold Processor
B) Costing Period Processor
C) Cost Accounting Processor
D) Cost Reports Processor
E) Receipt Processor
F) Cost Distribution Processor

4. Which two things must your customer check daily in order to ensure that all their purchase order transactions from that day have been accounted for in Receipt Accounting Distribution?

A) Review their distributions that show the debit and credit information specific to the Receipt Accounting transaction selected.
B) Review their accrual balances and clear them.
C) Review their journal entries, including their sub-ledger accounting events and class where the charges from the purchase orders are going to be charged to.
D) Review their Receipt Accounting processes that show whether any processes failed and why.
E) Review their audit receipt accrual clearing balances.

5. Identify three characteristics of cost component to cost element mapping.

A) You cannot modify, duplicate, or create user-defined cost components.
B) It is one of the attributes you define as part of your cost profile definitions.
C) You can only define one cost component to cost element mapping for an installation.
D) It lets you define how cost component level costs will map into cost elements.
E) It is user-defined.

Solutions: