Oracle how2pass 1z0-1074-23 Exam Lab Questions by Albi q63 vce pdf

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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:	albi

Question 20

Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of their lots differently then others

What must they do to accomplish this?

Options:

Quick Setup generates valuation units so they just have to access those valuation units and make their changes.

They cannot change their current configuration; data generated by Quick Setup cannot be changed.

They must create their valuation units manually.

Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.

Discussion

Question 21

You have configured your expense items to accrue at receipt. You have created a few purchase orders and want to verify that the supplier invoices have been created.

Which accounting entries signal this process has taken place?

Options:

Debit Charge Account (expense or inventory), Credit Receiving Inspection

Debit Accrued Liability, Credit Accounts Payable

Debit Receiving Inspection, Credit Accrued Liability

Debit Expense, Credit Receiving Inspection

Debit Expense, Credit Expense Accrual

Discussion

Question 22

Your organization currently has the August period for this year open. They want to be able to open the September period, while keeping August open. When you try to open the target period, August of this year, you get an error.

What must you do to meet your customer's requirement and resolve this error?

Options:

Perform cost account validations for August in Manage Cost Accounting Periods

Run the Transfer Transactions to Costing process.

Close the August period; you can never have two open periods at the same time.

Change the number of maximum open periods in Manage Cost Organization Relationships

Discussion

Question 23

Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario

Options:

Work definitions with the highest costing priority

Work definitions with the lowest production priority

Work definitions with specific unit numbers

Work definitions without alternates

Work definitions with the highest production priority

Discussion

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