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Oracle Updated 1z0-1074-23 Exam Questions and Answers by aviraj

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Oracle 1z0-1074-23 Exam Overview :

Exam Name: Oracle Cost Management Cloud 2023Implementation Essentials
Exam Code: 1z0-1074-23 Dumps
Vendor: Oracle Certification: Cost Management Cloud
Questions: 79 Q&A's Shared By: aviraj
Question 8

Which four steps need to be completed to establish standard costs for a make item?

Options:

A.

Export item costs

B.

Run preprocessor

C.

Complete cost roll-up

D.

Publish costs

E.

Create a new cost scenario

F.

Add standard costs to a cost scenario

Discussion
Question 9

Identify two characteristics of Landed Cost charge names.

Options:

A.

Duty is a seeded charge name for Landed Cost.

B.

You can modify a charge name until it is associated with a trade operation.

C.

Charge names cannot be used to tie an invoice to a trade operation.

D.

You can use multiple currencies within a trade operation for the same charge name on different lines.

E.

Charge names cannot be associated with a PO schedule.

Discussion
Question 10

If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings?(Choose Three)

Options:

A.

Refer to the Accounting Event Diagnostic report.

B.

Review errors in the Create Accounting Execution log.

C.

Review errors in the Create Accounting Execution report.

D.

Query the transaction from Review Cost Accounting Distributions to see the error message.

E.

Refer to the Accounting Event Diagnostic Log.

Discussion
Question 11

Identify two ways that standard cost is calculated.

Options:

A.

Users must manually enter the cost of each configured item; the calculation is not automated.

B.

The standard cost is the sum of the cost of the selected option items.

C.

The cost of a configured item is calculated based on the work definition of the model item.

D.

The standard cost of the configured item is based on the purchase order price quoted by the

supplier for the configured item.

E.

The roll-up calculation can be performed to update standard costs for Cost Accounting purposes

Discussion
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