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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. Your client is using Quick Setup to implement Costing. They have a requirement to track costs for manufacturing overhead. How can you make sure that this requirement is met?

A) You can only track costs for Direct Labor and Direct Equipment; this requirement cannot be met.
B) Create the cost in Manage Cost Scenarios.
C) This requirement will already be met by the default data generated when using Quick Setup.
D) Complete Quick Setup and then create the user-defined cost using the Manage Cost Component task.

2. Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?

A) Accrual Supplier Liability Report
B) Receipt Accounting Real Time Report
C) Uninvoiced Receipt Accrual Report
D) Accrual Clearing Report
E) Accrual Reconciliation Report

3. What are three cost method choices that are available in Cost Accounting?

A) Actual cost (FIFO or First In First Out)
B) Actual cost (LIFO or Last In First Out)
C) Period end average cost
D) Periodic average cost
E) Perpetual average cost
F) Standard cost

4. Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

A) Order Management
B) Financial Orchestration
C) Inventory
D) Purchasing
E) Shipping

5. What are the predefined areas that give you visibility into the status of Receipt Accounting, on the overview page in the Receipt Accounting work area?

A) Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Period Validation Status
B) Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Transactions
C) Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Transactions
D) Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Period Validation Status
E) Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting Transactions

Solutions: