1z0-1074-23 Exam Dumps - Oracle Cost Management Cloud Questions and Answers

Receipt Accounting

Cost Accounting

Landed Cost Management

Inventory Management

Product Model

Business Unit/Landed Cost Charge/Cost Organization

Item/Business Unit/Route

Item Category/Material Supplier/Landed Cost Charge

Inventory Organization/Landed Cost Charge/Third Party Supplier

Item Catalog/Inventory Organization/Business Unit

Product Information Item > Search and select item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "No".

Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to Period End.

Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at Period End.

Product Information Item > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "Yes".

Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.

Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to At Receipt.

Complete Quick Setup and then create the user-defined cost using the Manage Cost Component task.

This requirement will already be met by the default data generated when using Quick Setup.

Create the cost in Manage Cost Scenarios.

You can only track costs for Direct Labor and Direct Equipment; this requirement cannot be met.

Costing Account Balances Report

In-transit Valuation Report

COGS and Revenue Matching Report

Work in Process Inventory Valuation Report

Layer Inventory Valuation Report

Cost Accounting Valuation Report

Inventory Valuation Report

It helps you analyze under-absorption and over-absorption of expenses that you want to capitalize onto the balance sheet as inventory value.

It is a user-defined entity that represents a grouping of expenses that you want to absorb with resource and overhead rates.

You can define the name of your expense pool, but you cannot define more than one.

It is used only for analyzing gross margins on noninventory sales of services.

Orders

Cost Scenario

Charge Name

Routes

Trade Operation

Change expense items to accrue at period end.

Change the Purchasing Line types to 4-way match.

Change inventory items to accrue at period end.

Change the Purchasing Line types to 3-way match.

Change the Receipt Close tolerance so it is 100 percent.

Purchase order information is automatically sent to Receipt Accounting using a real-time method

This process can only be scheduled and run from the Receipt Accounting work area

You do not have the role to import purchase order information into Receipt Accounting.

All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.

Purchase order information should not be imported into Receipt Accounting.

It is based on the material and resource requirements of a released work order.

The standard cost of a model item is calculated.

The standard cost is calculated for every possible combination of options under a model

It is based on the actual cost of the work order after it is completed.