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Oracle 1z0-1074-23 Based on Real Exam Environment

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Question 20

How is the standard cost of a manufactured configured item calculated?

Options:

A.

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

B.

The standard cost of a model item is calculated.

C.

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

D.

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

Question 21

Which three cost planning tasks can be performed in the Cost Accounting work area?

Options:

A.

Management Cost Accounting Periods

B.

Analyzing and Comparing Costs

C.

Review Work Order Costs

D.

Estimating Standard Costs for Assemblies

E.

Manage Resource Rates

F.

Review Item Costs

Question 22

You have made some changes to your subledger accounting setups for Costing and want to verify that the journal entries are showing up correctly.

How can you generate a report that allows you to see the subledger journal entries for transactions without actually transferring to the General Ledger?

Options:

A.

Run the Create Accounting for Costing process with the following parameters:

• Accounting Mode = Draft

• Report Style = Detail

• Transfer to General Ledger = No

• Post in General Ledger = No

B.

Run the Transfer Transactions from Inventory to Costing process with the following parameters:

• Accounting Mode = Draft

• Report Style = Detail

• Transfer to General Ledger = No

• Post in General Ledger = No

C.

Run the Create Cost Accounting Distribution process with the following parameters:

• Accounting Mode = Draft

• Report Style = Detail

• Transfer to General Ledger = No

• Post in General Ledger = No

D.

Run the Create Cost Accounting Distribution process with the following parameters:

• Accounting Mode = Final

• Report Style = No report

• Transfer to General Ledger = No

• Post in General Ledger = No

E.

Run the Create Accounting for Costing process with the following parameters:

• Accounting Mode = Final

• Report Style = No report

• Transfer to General Ledger = No

• Post in General Ledger = No

Question 23

Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.

Which subject area would you select to create this report?

Options:

A.

Receipt Accounting- Receipt Accounting Distributions Real Time

B.

Receipt Accounting-- Receipt Accounting Transactions Real Time

C.

Costing –Receipt Accounting Real Time

D.

Financials-Subledger Accounting-Detail Transactions

E.

Costing-Cost Accounting Real Time

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Exam Code: 1z0-1074-23
Exam Name: Oracle Cost Management Cloud 2023 Implementation Professional
Last Update: May 8, 2024
Questions: 79
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