Oracle 1z0-1074-23 pass test : Oracle Cost Management Cloud 2023 Implementation Essentials

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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. You need to simulate and estimate landed cost charges associated with purchase order receipts of material.
What must you create to make this possible?

A) Charge Name
B) Orders
C) Routes
D) Trade Operation
E) Cost Scenario

2. There are freight charges on an invoice. Which two setups are required to get create accounting to enter a separate accounting line for it?

A) Account Class must be set to Freight.
B) Sub ledger accounting is set up to accomplish this out-of-the-box.
C) Create a condition for a journal line for freight.
D) Line Type must be set to Freight.

3. After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?

A) Transfer transactions from payables.
B) Assign accruals to purchase order transactions.
C) Transfer transactions from receiving.
D) Create distributions.
E) Transfer to Sub ledger Accounting.

4. Identify two characteristics of Landed Cost charge names.

A) You can modify a charge name until it is associated with a trade operation.
B) Charge names cannot be used to tie an invoice to a trade operation.
C) Duty is a seeded charge name for Landed Cost.
D) Charge names cannot be associated with a PO schedule.
E) You can use multiple currencies within a trade operation for the same charge name on different lines.

5. A chart of accounts (COA) must be specified on the accounting method for which two situations?

A) When using segment rules
B) When account combination rules use constants
C) When using ledgers that have unique accounting requirements
D) When using account combination rules
E) Every accounting method should have a COA.

Solutions: