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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

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

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

2. Identify three Landed Cost Management tasks.

A) Perform Allocations
B) Create Accounting
C) Review Journal Entries
D) View Rolled Up Costs
E) Manage Cost Scenarios
F) Capture Charges

3. 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)

A) Query the transaction from Review Cost Accounting Distributions to see the error message.
B) Review errors in the Create Accounting Execution report.
C) Refer to the Accounting Event Diagnostic Log.
D) Refer to the Accounting Event Diagnostic report.
E) Review errors in the Create Accounting Execution log.

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

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

5. At what level can you define item cost profiles?

A) Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
B) Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.
C) Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
D) Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.

Solutions: