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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?

A) Accrual Supplier Liability Report
B) Accrual Clearing Report
C) Accrual Reconciliation Report
D) Receipt Accounting Real Time Report
E) Uninvoiced Receipt Accrual Report

2. How is the standard cost of a manufactured configured item calculated?

A) It is based on the actual cost of the work order after it is completed.
B) The standard cost of a model item is calculated.
C) The standard cost is calculated for every possible combination of options under a model
D) It is based on the material and resource requirements of a released work order.

3. Which two outcomes can happen in create accounting when an account combination returned is end dated?

A) An alternate account will be used if provided.
B) Suspense accounts cannot be used.
C) The preprocessor will pre-warn about this error.
D) An error will always occur.
E) The original account is stored on the journal line.

4. Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

A) Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
B) Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
C) Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
D) Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
E) Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs

5. Identify two ways that standard cost is calculated.

A) The standard cost is the sum of the cost of the selected option items.
B) Users must manually enter the cost of each configured item; the calculation is not automated.
C) The cost of a configured item is calculated based on the work definition of the model item.
D) The roll-up calculation can be performed to update standard costs for Cost Accounting purposes
E) The standard cost of the configured item is based on the purchase order price quoted by the supplier for the configured item.

Solutions: