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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. What are three cost method choices that are available in Cost Accounting?

A) Periodic average cost
B) Perpetual average cost
C) Actual cost (LIFO or Last In First Out)
D) Standard cost
E) Period end average cost
F) Actual cost (FIFO or First In First Out)

2. Which three features are included in Receipt Accounting?

A) Create Receipt Accounting Distribution
B) Review Item Costs
C) Adjust Receipt Accrual Clearing Balances
D) Review Journal Entries
E) Analyze Standard Purchase Cost Variances

3. Select two ways to define the standard cost for an item from the Cost Accounting work area.

A) Manage the Item Cost task.
B) Import standard costs from receipt layers.
C) Manage the Standard Cost task.
D) Create Standard Cost in a spreadsheet.

4. If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?

A) Rule sets that use the same chart of accounts
B) Rule sets not associated with any chart of accounts
C) Rule sets that have a mapping set to convert the accounts
D) Rule sets where the accounting rules override the method rule set
E) Rule sets assigned to a secondary ledger with a different COA

5. The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?

A) PreReference Types
B) Material Receipts
C) Trade Operation Template
D) Routes
E) Charge Names

Solutions: