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Oracle 1z0-1074-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Cost Management Cloud Overview | - Key business processes and architecture - Integration with Oracle SCM Cloud |
| Reporting and Analysis | - Cost reconciliation and audit - Cost analysis reports |
| Setup and Configuration | - Costing methods configuration - Inventory valuation setup - Cost organization and cost profiles setup |
| Inventory and Work Order Costing | - Inventory transactions costing - Manufacturing and work order costing |
| Cost Accounting and Processing | - Cost calculation processes - Period close and cost rollup - Cost accounting distributions |
Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:
There are freight charges on an invoice. Which two setups are required to get create accounting to enter a separate accounting line for it?
- A. Line Type must be set to Freight.
- B. Create a condition for a journal line for freight.
- C. Account Class must be set to Freight.
- D. Sub ledger accounting is set up to accomplish this out-of-the-box.
Identify two characteristics of an expense pool. (Choose two.)
- A. It is a user-defined entity that represents a grouping of expenses that you want to absorb with resource and overhead rates.
- B. It is used only for analyzing gross margins on noninventory sales of services.
- C. It helps you analyze under-absorption and over-absorption of expenses that you want to capitalize onto the balance sheet as inventory value.
- D. You can define the name of your expense pool, but you cannot define more than one.
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 not associated with any chart of accounts
- B. Rule sets that have a mapping set to convert the accounts
- C. Rule sets where the accounting rules override the method rule set
- D. Rule sets that use the same chart of accounts
- E. Rule sets assigned to a secondary ledger with a different COA
Which three tasks can be completed in the Receipt Accounting work area?
- A. Review Cost Accounting Distributions
- B. Review and Approve Item Cost Profiles
- C. Review Item Costs
- D. Create Accounting
- E. Manage Accrual Clearing Rules
- F. Create Receipt Accounting Distributions
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. Inventory Valuation Report
- B. Costing Balances Report
- C. Revenue and COGS Matching Report
- D. Inventory Account Balances Report
B COGS Account Balances Report
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