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

2. Which two outcomes can happen in create accounting when an account combination returned is end dated?

A) Suspense accounts cannot be used.
B) The preprocessor will pre-warn about this error.
C) An alternate account will be used if provided.
D) The original account is stored on the journal line.
E) An error will always occur.

3. Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

A) Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
B) Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
C) Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
D) Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
E) Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.

4. Which three tasks can be completed in the Receipt Accounting work area?

A) Manage Accrual Clearing Rules
B) Create Receipt Accounting Distributions
C) Review Item Costs
D) Create Accounting
E) Review and Approve Item Cost Profiles
F) Review Cost Accounting Distributions

5. Your client has accounting rules that need specific customization. Which two options allow them to accomplish this? (Choose two)

A) The subledger journal entry rule set does not need the same accounting event class as the accounting method.
B) The subledger journal entry rule set does not need the same accounting event type as the accounting method.
C) Copy and rename predefined subledger journal entry rule sets before modifying them.
D) Use a different journal entry rule set for each ledger with a different accounting convention.
E) Journal entry rule sets do not require accounting rules.

Solutions: