Go to 1Z0-1074-21 Questions - Try 1Z0-1074-21 dumps pdf
Dumps Practice Exam Questions Study Guide for the 1Z0-1074-21 Exam
Oracle 1Z0-1074-21 Exam Syllabus Topics:
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
| Topic 5 |
|
NEW QUESTION 48
Which three features are included in Receipt Accounting?
- A. Analyze Standard Purchase Cost Variances
- B. Review Journal Entries
- C. Review Item Costs
- D. Create Receipt Accounting Distribution
- E. Adjust Receipt Accrual Clearing Balances
Answer: B,D,E
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/faims/implementing-receipt-acco
NEW QUESTION 49
Which two outcomes can happen in create accounting when an account combination returned is end dated?
- A. The preprocessor will pre-warn about this error.
- B. An error will always occur.
- C. Suspense accounts cannot be used.
- D. The original account is stored on the journal line.
- E. An alternate account will be used if provided.
Answer: D,E
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/financials/18b/faisl/subledger-accounting-setup.html#FAISL212668
NEW QUESTION 50
Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?
- A. Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
- B. Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
- C. Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
- D. Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
- E. Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
Answer: A
NEW QUESTION 51
An invoice is created in a foreign currency. The invoice is not paid until several weeks later. By then, the currency conversion rate has changed.
How do you get the journal line rule to calculate the gain or loss?
- A. Create a foreign reporting currency to track gain/loss.
- B. Create a secondary ledger to track gain/loss.
- C. Turn on the Subledger Gain or Loss Option.
- D. Subledger Accounting is already set up to process it.
Answer: A
NEW QUESTION 52
Which two things must your customer check daily in order to ensure that all their purchase order transactions from that day have been accounted for in Receipt Accounting Distribution?
- A. Review their Receipt Accounting processes that show whether any processes failed and why.
- B. Review their distributions that show the debit and credit information specific to the Receipt Accounting transaction selected.
- C. Review their accrual balances and clear them.
- D. Review their audit receipt accrual clearing balances.
- E. Review their journal entries, including their sub-ledger accounting events and class where the charges from the purchase orders are going to be charged to.
Answer: C,E
NEW QUESTION 53
You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assembly shows "0" cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
Identify two reasons this happened.
- A. The Work Definition is incomplete.
- B. The item has no on-hand inventory.
- C. Burdens have not been established for the item
- D. The assembly item is marked as Perpetual Average costed.
- E. Outstanding purchase orders have not been received.
Answer: A,D
NEW QUESTION 54
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 will ensure the Accrue on Receipt check box is not selected by default?
- A. Change the Receipt Close tolerance so it is 100 percent.
- B. Change the Purchasing Line types to 3-way match.
- C. Change expense items to accrue at period end.
- D. Change the Purchasing Line types to 4-way match.
- E. Change inventory items to accrue at period end.
Answer: B,D
NEW QUESTION 55
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. Revenue and COGS Matching Report
- B. Inventory Account Balances Report
B COGS Account Balances Report - C. Costing Balances Report
- D. Inventory Valuation Report
Answer: B,C
NEW QUESTION 56
How is the standard cost of a manufactured configured item calculated?
- A. The standard cost is calculated for every possible combination of options under a model
- B. It is based on the actual cost of the work order after it is completed.
- C. The standard cost of a model item is calculated.
- D. It is based on the material and resource requirements of a released work order.
Answer: C
NEW QUESTION 57
Identify four processors available in the cost processor.
- A. Cost Reports Processor
- B. Costing Period Processor
- C. Cost Distribution Processor
- D. Cost of Goods Sold Processor
- E. Receipt Processor
- F. Cost Accounting Processor
Answer: A,C,D,F
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/fapma/manage-cost-accounting.
NEW QUESTION 58
Which two statements are true about Cost Accounting books? (Choose two.)
- A. Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.
- B. A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
- C. Every cost organization must use different book names; they cannot be shared.
- D. A cost organization has one book that posts to the primary ledger.
Answer: B,D
NEW QUESTION 59
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?
- A. 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
- B. 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
- C. 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
- D. 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
- E. 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
Answer: E
NEW QUESTION 60
You can track costs at what granularity level in Cost Accounting for the actual costing method?
- A. Subinventory, Lot, Serial, Locator
- B. Grade, Subinventory, Locator, Serial
- C. Subinventory. Lot, Serial, Grade
- D. Grade, Serial, Group, Lot
- E. Subinventory, Make, Lot, Serial
Answer: C
NEW QUESTION 61
You need to simulate and estimate landed cost charges associated with purchase order receipts of material.
What must you create to make this possible?
- A. Trade Operation
- B. Charge Name
- C. Orders
- D. Routes
- E. Cost Scenario
Answer: A
NEW QUESTION 62
Identify four features provided by the Review Work Order Costs UI when displaying work order
- A. Output Costs
- B. Variable Costs
- C. Standard Cost variances
- D. Scrap Costs
- E. Incremental Costs
- F. Input Costs
Answer: A,C,D,F
NEW QUESTION 63
......
Free Cost Management Cloud 1Z0-1074-21 Exam Question: https://pass4sure.updatedumps.com/Oracle/1Z0-1074-21-updated-exam-dumps.html