Oracle Cost Management Cloud 2017 Implementation Essentials - 1z0-987 Exam Practice Test

A. When a chart of accounts is assigned to the value set definition B. When a secondary ledger has a different COA C. If a segment shares the same value set across multiple chart of accounts D. In the absence of a chart of accounts on the accounting method E. When there is a mapping set to convert the accounts

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

A. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles. B. Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined. C. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile. D. Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.

A. Add the sub ledger journal entry rule sets to the Manage Journal Entry Rule Set task B. Validate the sub ledger journal entry rule sets using Validate Journal Entry Rule Set. C. Run the "Activate Sub ledger Journal Entry Rule Set Assignments" process. D. Run the "Activate Accounting Methods" process. E. Add the sub ledger journal entry rule sets to the Manage Accounting Methods task.

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

A. Consigned items can appear on inventory reports with information about the eventual value of the consigned item B. There is no difference between owned inventory and consigned inventory. C. The liability for a consigned item occurs when there is an ownership event. D. Consigned items cannot appear on inventory reports with information about the eventual value of the consigned item. E. A consumption can automatically trigger a momentary ownership transaction before the consumption transaction. F. The quantity is tracked in inventory but not as an asset until there is an ownership event

A. Journal entry rule sets do not require accounting rules. B. Use a different journal entry rule set for each ledger with a different accounting convention. C. The subledger journal entry rule set does not need the same accounting event class as the accounting method. D. Copy and rename predefined subledger journal entry rule sets before modifying them. E. The subledger journal entry rule set does not need the same accounting event type as the accounting method.