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1Z0-1074 Exam Questions & Answers

Exam Code: 1Z0-1074

Exam Name: Oracle Cost Management Cloud 2019 Implementation Essentials

Updated: Sep 07, 2023

Q&As: 79

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Practice These Free Questions and Answers to Pass the Oracle Cloud Exam

Questions 1

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. 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

C. The cost of resources consumed at the OEM's factory

D. The cost of the contract manufacturing service Item. This is the price that the contract

E. Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.

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Questions 2

Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?

A. Event Class: Expense Accrual Event Type: Expense Accrual

B. Event Class: Period End Accrual Event Type: Period End Accrual

C. Event Class: Expense Accrual Event Type: Period End Accrual

D. Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual

E. Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual

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Questions 3

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

A. The original account is stored on the journal line.

B. Suspense accounts cannot be used.

C. An alternate account will be used if provided.

D. An error will always occur.

E. The preprocessor will pre-warn about this error.

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Questions 4

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 Transactions from Procurement to Costing process.

B. Run the Transfer Costs from Payables to Cost Management process.

C. Run the Create Accounting process.

D. Run the Clear Receipt Accrual Balances process.

E. Run the Transactions from Receiving to Costing process.

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Questions 5

Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario

A. Work definitions without alternates

B. Work definitions with specific unit numbers

C. Work definitions with the highest production priority

D. Work definitions with the lowest production cost

E. Work definitions with the highest costing priority

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