1Z0-1074 Review - Oracle Cost Management Cloud 2019 Implementation Essentials Valid Test Notes - Omgzlook

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1Z0-1074 PDF DEMO:

QUESTION NO: 1
What are the predefined areas that give youvisibility into the status of Receipt Accounting, on the overview page in the Receipt Accounting work area?
A. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Period
Validation Status
B. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting
Transactions
C. Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting
Transactions
D. Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Period
Validation Status
E. Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting
Transactions
Answer: E

QUESTION NO: 2
You have configured the application as follows:
* Expense items are set to accrue at receipt.
* Receipt Close tolerance is set to 75 percent.
* Purchasing Line types are set to 2-way match.
When you create a purchase order, the Accrue on Receipt check box is automatically selected when a line is added.
Which two configurations changes willensure the Accrue on Receipt check box is not selected by default?
A. Change inventory items to accrue at period end.
B. Change the Receipt Close tolerance so it is 100 percent.
C. Change the Purchasing Line types to 4-way match.
D. Change the Purchasing Line types to 3-way match.
E. Change expense items to accrue at period end.
Answer: C,D

QUESTION NO: 3
Which four steps need to be completed to establish standard costs for a make item?
A. Export item costs.
B. Create a new cost scenario.
C. Publish costs
D. Complete cost roll-up.
E. Add standard costs to a cost scenario.
F. Run preprocessor.
Answer: A,C,D,F

QUESTION NO: 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. Business Unit and Inventory Organization
C. Legal Entity and Cost Organization
D. Inventory Organization and Cost Organization
E. Business Unit and Legal Entity
F. Inventory Organization and Legal Entity
Answer: B

QUESTION NO: 5
Identify three characteristics of cost component to cost element mapping.
A. You can onlydefine one cost component to cost element mapping for an installation.
B. You cannot modify, duplicate, or create user-defined cost components.
C. It is one of the attributes you define as part of your cost profile definitions.
D. It is user-defined.
E. It lets you define how cost component level costs will map into cost elements.
Answer: C,D,E
Explanation
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_9392D04E277B3B45E040D30A68817A96

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Updated: May 28, 2022