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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

Question 1

Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

A. Cost Accounting
B. Product Model
C. Receipt Accounting
D. Inventory Management
E. Landed Cost Management

Question 2

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

A. Charge Name
B. Routes
C. Cost Scenario
D. Trade Operation
E. Orders

Question 3

You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assembly shows "0" cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
Identify two reasons this happened.

A. Burdens have not been established for the item
B. The assembly item is marked as Perpetual Average costed.
C. Outstanding purchase orders have not been received.
D. The Work Definition is incomplete.
E. The item has no on-hand inventory.

Question 4

Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

A. Business Unit and Cost Organization
B. Inventory Organization and Legal Entity
C. Business Unit and Legal Entity
D. Legal Entity and Cost Organization
E. Business Unit and Inventory Organization
F. Inventory Organization and Cost Organization

Question 5

When attempting to open costing periods, your customer is receiving the following error:
Error: You do not have the required permission. You can request that your help desk change your security settings.
What configuration needs to be done so your customer will be able to open the Cost Accounting period?

A. Create Data Access on the Cost Accountant role for the correct inventory organization.
B. Create Data Access on the Accounts Payable role for the correct cost organization.
C. Create Data Access on the Cost Accountant role for the correct cost organization.
D. Create Data Access on the Accounts Payable role for the correct inventory organization.

Solutions: