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Oracle 1z0-1074-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Cost Accounting | - Cost Processing
|
| Inventory Costing Configuration | - Cost Structures and Cost Elements
|
| Manufacturing Cost Management | - Production Costing
|
| Cost Period Close and Reporting | - Period-End Activities
|
| Troubleshooting and Analysis | - Diagnostics and Exception Handling
|
| Receipt and Acquisition Costing | - Procurement Costing
|
| Cost Management Foundations | - Cost Management Architecture
|
Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:
Which three cost planning tasks can be performed in the Cost Accounting work area?
- A. Estimating Standard Costs for Assemblies
- B. Management Cost Accounting Periods
- C. Review Item Costs
- D. Manage Resource Rates
- E. Analyzing and Comparing Costs
- F. Review Work Order Costs
Correct Answer: A,D,E 🗳️
Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).
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. Review errors in the Create Accounting Execution log.
- B. Query the transaction from Review Cost Accounting Distributions to see the error message.
- C. Refer to the Accounting Event Diagnostic report.
- D. Review errors in the Create Accounting Execution report.
- E. Refer to the Accounting Event Diagnostic Log.
Correct Answer: B,C,D 🗳️
Which two types of costs are included in the cost of contract manufactured items?
- A. The cost of Items that the contract manufacturer had to purchase to perform the contract manufacturing service, and the cost of resources used by the contract manufacturer
- B. Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
- C. The cost of the contract manufacturing service Item. This is the price that the contract
- D. The cost of resources consumed at the OEM's factory
- E. The cost of items that the original equipment manufacturer (OEM) owns and has provided to the contract manufacturer for use in the process of making the output Items
Correct Answer: A,E 🗳️
You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?
- A. Reference Types
- B. Routes
- C. Charge Name
- D. Trade Operation Templates
- E. Trade Operation
Correct Answer: C 🗳️
You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.
What do you need to do for your receipt to show up?
- A. Run the Transfer Costs from Payables to Cost Management process.
- B. Run the Create Accounting process.
- C. Run the Clear Receipt Accrual Balances process.
- D. Run the Transactions from Receiving to Costing process.
- E. Run the Transactions from Procurement to Costing process.
Correct Answer: D 🗳️
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