Oracle 1z0-1075-24 Exam With Confidence Using Practice Dumps

Exam Code:

1z0-1075-24

Exam Name:

Oracle Manufacturing Cloud 2024 Implementation Professional

Certification:

Manufacturing Cloud

Vendor:

Oracle

Questions:

Last Updated:

Nov 22, 2024

Exam Status:

Stable

1z0-1075-24: Manufacturing Cloud Exam 2024 Study Guide Pdf and Test Engine

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Oracle Manufacturing Cloud 2024 Implementation Professional Questions and Answers

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Question 1

In a manufacturing plant, two purchase components, PI and P2, and a resource, Rl, are required to assemble a product. The cost of the assembly is calculated by using the standard costing method. The work definition and resource rates for the assembly have been defined as Required.

A Cost Accountant is estimating cost of the assembly, and analyzing rolled-up costs before finally publishing estimates as frozen standards to Cost Accounting by using a Cost Planning Scenario. While reviewing rolled-up costs, the extended costs of purchase components are not included in a rolled-up scenario.

What is the reason for this?

Options:

Costs for purchase components PI and P2 are not defined In Cost Accounting.

Purchase components PI and P2 are not associated with the material cost plan of the Cost Planning Scenario.

Create Accounting was not initiated.

Create Accounting Distributions was not initiated.

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Question 2

In which three ways does Supply Chain Orchestration enrich supply requests with project details to support outside processing for a project-specific work order?

Options:

Supply Chain Orchestration initiates the creation of a purchase order without the work order.

Expenditure Item Date Is set to the requested need-by date and Expenditure Organization is set to the manufacturing plant.

Expenditure Item Date is set to the receipt date and Expenditure Organization is set to the manufacturing plant.

Supply Chain Orchestration initiates the creation of a requisition with the project details.

Expenditure Type is sat to the expenditure type associated to the outside processing Item.

Answer:

B, D, E

Explanation:

Supply Chain Orchestration (SCO) plays a vital role in managing project-specific work orders, particularly for outside processing. Here’s how it enriches supply requests with project details:

Statement B:Expenditure Item Date is set to the requested need-by date and Expenditure Organization is set to the manufacturing plant– In project-specific work orders, Supply Chain Orchestration assigns the need-by date as the Expenditure Item Date. The Expenditure Organization is typically set to the manufacturing plant handling the work order.

[: Oracle Fusion Project-Driven Supply Chain documents this behavior, showing how expenditure details are linked to the project for costing purposes., Statement D:Supply Chain Orchestration initiates the creation of a requisition with the project details– SCO automatically creates a requisition with all relevant project details, such as project number, task, and expenditure information. This ensures that the procurement process is aligned with the project’s financial and material requirements., Reference: Oracle SCM Cloud Supply Chain Orchestration User Guide details the automated creation of requisitions with project data for external processing., Statement E:Expenditure Type is set to the expenditure type associated with the outside processing item– In Oracle Cloud, expenditure types must align with the specific processing items. SCO ensures that the correct expenditure type is applied to the work order and subsequent requisitions., Reference: Project Financial Management guides in Oracle SCM Cloud explain how expenditure types are associated with items, ensuring accurate costing., Incorrect Statements:, Statement A: SCO does not initiate the creation of a purchase order without the work order. A work order is essential for processing the outside work, and its absence would disrupt the orchestration process., Statement C: The Expenditure Item Date is not set to the receipt date but rather to the requested need-by date for proper alignment with project scheduling., , ]

Question 3

Which three statements are true about the main areas of Managerial Accounting?

Options:

Receipt Accounting Is the application that performs accrual accounting for all types of receipts.

Landed Cost Management gives organizations financial visibility into their extended supply chain costs.

Supply Chain Orchestration automatically selects the correct process based on user-defined Subledger Accounting rules when a supply creation Is initiated.

Cost method can be defined with granularity down to individual Items.

Answer:

A, B, D

Explanation:

In Oracle Manufacturing Cloud and related financial applications, managerial accounting plays a significant role in tracking and managing costs across supply chain and manufacturing activities. The following is a breakdown of the correct statements:

Statement A:Receipt Accounting is the application that performs accrual accounting for all types of receipts– Receipt Accounting is a crucial module in Oracle Cloud that supports the tracking of costs and performs accruals related to receipts. This includes processes such as procurement receipts, interorganization transfers, and supplier shipments. This allows organizations to recognize and account for the expenses associated with these receipts.

[: Oracle Cloud SCM Documentation for Receipt Accounting outlines how the system manages accruals and matches them with purchase orders and invoices., Statement B:Landed Cost Management gives organizations financial visibility into their extended supply chain costs– Landed Cost Management is designed to capture additional costs that arise during the transportation, handling, and processing of goods. This includes costs like shipping, insurance, and customs duties. By including these in the overall cost, it provides a more comprehensive view of the actual costs of goods in the supply chain., Reference: Oracle Fusion SCM Guide, "Landed Cost Management," describes how it aggregates various indirect supply chain costs to give better financial visibility., Statement D:Cost method can be defined with granularity down to individual items– In Oracle Manufacturing Cloud, costing methods can be assigned not only at the organization level but also at a granular level down to individual items. This provides flexibility in defining different costing strategies for different products depending on their nature, manufacturing process, or market conditions., Reference: Oracle Manufacturing Cloud User Guide explains the flexibility in configuring cost methods at different organizational and item-specific levels., Incorrect Statements:, Statement C:Supply Chain Orchestration automatically selects the correct process based on user-defined Subledger Accounting rules when a supply creation is initiated– While Supply Chain Orchestration automates various supply chain processes, it does not select processes based on Subledger Accounting rules. The orchestration system is more focused on managing and coordinating supply chain processes rather than determining accounting rules., ]

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Oracle 1z0-1075-24 Exam With Confidence Using Practice Dumps

1z0-1075-24: Manufacturing Cloud Exam 2024 Study Guide Pdf and Test Engine

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Oracle Manufacturing Cloud 2024 Implementation Professional Questions and Answers

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