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Oracle Cost Management Cloud 1z0-1074-23 New Questions

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Total 79 questions
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Oracle Cost Management Cloud 2023Implementation Essentials Questions and Answers

Question 13

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

Options:

A.

Orders

B.

Cost Scenario

C.

Charge Name

D.

Routes

E.

Trade Operation

Question 14

You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?

Options:

A.

It can help you understand true margins and value added by internal business units through the internal supply chain.

B.

It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.

C.

It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.

D.

It can help you with consolidated financial reporting.

E.

It is only used when you do not need to maintain an arm’s length relationship.

Question 15

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

Question 16

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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Total 79 questions
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