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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

Question 1

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

Question 2

Identify three characteristics of cost component to cost element mapping.

A. You cannot modify, duplicate, or create user-defined cost components.
B. It lets you define how cost component level costs will map into cost elements.
C. It is one of the attributes you define as part of your cost profile definitions.
D. It is user-defined.
E. You can only define one cost component to cost element mapping for an installation.

Question 3

Identify two ways that standard cost is calculated.

A. The standard cost of the configured item is based on the purchase order price quoted by the supplier for the configured item.
B. The cost of a configured item is calculated based on the work definition of the model item.
C. The roll-up calculation can be performed to update standard costs for Cost Accounting purposes
D. The standard cost is the sum of the cost of the selected option items.
E. Users must manually enter the cost of each configured item; the calculation is not automated.

Question 4

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?

A. It can help you understand true margins and value added by internal business units through the internal supply chain.
B. It is only used when you do not need to maintain an arm's length relationship.
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 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.

Question 5

Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?

A. Uninvoiced Receipt Accrual Report
B. Accrual Clearing Report
C. Receipt Accounting Real Time Report
D. Accrual Reconciliation Report
E. Accrual Supplier Liability Report

Solutions: