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1z0-1074-23 Exam Dumps : Oracle Cost Management Cloud 2023Implementation Essentials

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Oracle Cost Management Cloud 2023Implementation Essentials Questions and Answers

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Question 1

Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.

How do you accomplish this?

Options:

A.

Turn off merge matching lines in the journal line rule.

B.

Turn off the summarize flag in the journal line rule.

C.

Write a custom report.

D.

Turn on detailed posting for GL in the ledger setup.

E.

Extract distribution accounting entries.

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Question 2

Identify three characteristics of cost component to cost element mapping.

Options:

A.

You cannot modify, duplicate, or create user-defined cost components.

B.

You can only define one cost component to cost element mapping for an installation.

C.

It is one of the attributes you define as part of your cost profile definitions.

D.

It is user-defined.

E.

It lets you define how cost component level costs will map into cost elements.

Question 3

Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)

Options:

A.

Costing Account Balances Report

B.

In-transit Valuation Report

C.

COGS and Revenue Matching Report

D.

Work in Process Inventory Valuation Report

E.

Layer Inventory Valuation Report

F.

Cost Accounting Valuation Report

G.

Inventory Valuation Report

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