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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

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

2. You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?

A) Routes
B) Trade Operation Templates
C) Reference Types
D) Trade Operation
E) Charge Name

3. Your customer wants to run a report to review account balances for both inventory valuation and cost of goods sold. Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

A) Costing Balances Report
B) Inventory Account Balances Report
B COGS Account Balances Report
C) Revenue and COGS Matching Report
D) Inventory Valuation Report

4. Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario

A) Work definitions with the lowest production priority
B) Work definitions with specific unit numbers
C) Work definitions with the highest production priority
D) Work definitions without alternates
E) Work definitions with the highest costing priority

5. Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that hold normal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.
Which cost policy supports this requirement?

A) Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.
B) EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."
C) Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.
D) Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory.
E) Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization.

Solutions: