Oracle 1z0-1074-23 : 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
Identify two characteristics of a cost profile.

A. It is used for Receipt Accounting.
B. It is where you define your Cost Accounting policies.
C. It is used for calculating the estimated cost of manufactured items under different scenarios.
D. It is where you define which cost method you want to use for the cost component to cost element mapping.

Question #2
The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?

A. PreReference Types
B. Routes
C. Charge Names
D. Material Receipts
E. Trade Operation Template

Question #3
Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

A. Product Model
B. Inventory Management
C. Cost Accounting
D. Receipt Accounting
E. Landed Cost Management

Question #4
Identify four features provided by the Review Work Order Costs UI when displaying work order

A. Variable Costs
B. Standard Cost variances
C. Output Costs
D. Incremental Costs
E. Input Costs
F. Scrap Costs

Question #5
Which two rules determine whether a condition has been met for accounting rules?

A. After all conditions are tested, the final resulting value is used.
B. Priorities determine the order in which accounting rule conditions are examined.
C. The conditions are evaluated in the sequence they are defined in the accounting rule.
D. Use parenthesis to control the order of the condition evaluation.
E. When the condition is met, the rule associated with that priority is used.

Solutions: