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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

Question 1

Identify four processors available in the cost processor.

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

Question 2

Select two ways to define the standard cost for an item from the Cost Accounting work area.

A. Create Standard Cost in a spreadsheet.
B. Manage the Item Cost task.
C. Manage the Standard Cost task.
D. Import standard costs from receipt layers.

Question 3

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. It lets you define how cost component level costs will map into cost elements.
D. It is user-defined.
E. You can only define one cost component to cost element mapping for an installation.

Question 4

If the accounting method does not have an assigned chart of accounts (COA), which option is valid?

A. Accounting rules cannot override the accounting method.
B. The accounting method can be assigned to any ledger.
C. Any secondary ledger that uses the method cannot have a COA.
D. The accounting method may only be used by ledgers without a COA.
E. The accounting method must have a mapping set to convert the accounts.

Question 5

Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

A. Inventory Organization and Legal Entity
B. Inventory Organization and Cost Organization
C. Legal Entity and Cost Organization
D. Business Unit and Legal Entity
E. Business Unit and Cost Organization
F. Business Unit and Inventory Organization

Solutions: