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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?

A) Rule sets where the accounting rules override the method rule set
B) Rule sets that use the same chart of accounts
C) Rule sets not associated with any chart of accounts
D) Rule sets assigned to a secondary ledger with a different COA
E) Rule sets that have a mapping set to convert the accounts

2. Your customer wants to run a report to review account balances for both inventory valuation and cost of goods sold. Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

A) Inventory Valuation Report
B) Inventory Account Balances Report
B COGS Account Balances Report
C) Costing Balances Report
D) Revenue and COGS Matching Report

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

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

4. In which two scenarios would you define account rules based on value sets?

A) When there is a mapping set to convert the accounts
B) When a secondary ledger has a different COA
C) In the absence of a chart of accounts on the accounting method
D) When a chart of accounts is assigned to the value set definition
E) If a segment shares the same value set across multiple chart of accounts

5. When running the Transfer Costs to Cost Management process, where will the primary default source for costs come from and what is the effect?

A) Requisition costs; validated costs can be used.
B) Receivables invoices; actual cost can be used.
C) Receipt costs; costs include adjustments.
D) Payables invoices; invoice price variance can be added to item cost.
E) Purchase order costs; item catalog costs can be used.

Solutions: