1Z0-1074-20 - Oracle Cost Management Cloud 2020 Implementation Essentials Questions

1Z0-1074-20 - Oracle Cost Management Cloud 2020 Implementation Essentials Questions Make 1Z0-1074-20 Certification Exam Easy with DBexam.com

1Z0-1074-20 Exam Detail Exam Code

1Z0-1074-20

Full Exam Name

Oracle Cost Management Cloud 2020 Implementation Essentials

Number of Questions

70

Practice Exams

1Z0-1074-20 Online Practice Exam

Passing Score

60%

Time Limit

120 minutes

Recommended Training

Oracle Supply Chain Management Cloud Learning Subscription

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How to Prepare for 1Z0-1074-20 •

Perform enough practice with Oracle system with related Oracle 1Z0-1074-20 certification subjects

•

Identify the key configuration, workflow and data flow

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Understand the all Syllabus Topics of Exam which are Given in Description.

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Identify your weak areas from practice test and do more practice with system

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Repeat practice exams and try to score 100% on www.DBexam.com

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Oracle 1Z0-1074-20 Exam Questions

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Q 1) If the accounting method does not have an assigned chart of accounts (COA), which option is valid?

Option a) The accounting method must have a mapping set to convert the accounts.

b) Accounting rules cannot override the accounting method. c) The accounting method can be assigned to any ledger. d) Any secondary ledger that uses the method cannot have a COA.

e) The accounting method may only be used by ledgers without a COA. Enjoy success with DBexam.com

ANSWER e) The accounting method may only be used by ledgers without a COA.

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Q 2) What are three cost method choices that are available in Cost Accounting?

Option

a) Period end average cost b) Actual cost (LIFO or Last In First Out) c) Periodic average cost

d) Standard cost e) Perpetual average cost f) Actual cost (FIFO or First In First Out) Enjoy success with DBexam.com

ANSWER b) Actual cost (LIFO or Last In First Out) e) Perpetual average cost f) Actual cost (FIFO or First In First Out)

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Q 3) How is the standard cost of a manufactured configured item calculated?

Option 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.

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ANSWER

b) The standard cost of a model item is calculated.

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Q 4) Which three features are included in Receipt Accounting?

Option a) Analyze Standard Purchase Cost Variances

b) Create Receipt Accounting Distribution c) Review Item Costs d) Adjust Receipt Accrual Clearing Balances

e) Review Journal Entries

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ANSWER b) Create Receipt Accounting Distribution d) Adjust Receipt Accrual Clearing Balances e) Review Journal Entries

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Q 5) You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?

Option a) Activate its journal entry rule set assignments. b) Transfer costs to Cost Management.

c) Create Accounting. d) Transfer transactions from Receiving to Costing. e) Execute the Preprocessor.

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ANSWER c) Create Accounting.

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