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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. 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) Outstanding purchase orders have not been received.
B) The item has no on-hand inventory.
C) The assembly item is marked as Perpetual Average costed.
D) Burdens have not been established for the item
E) The Work Definition is incomplete.

2. Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

A) Legal Entity and Cost Organization
B) Business Unit and Legal Entity
C) Inventory Organization and Legal Entity
D) Inventory Organization and Cost Organization
E) Business Unit and Cost Organization
F) Business Unit and Inventory Organization

3. Identify three Landed Cost Management tasks.

A) Manage Cost Scenarios
B) View Rolled Up Costs
C) Capture Charges
D) Review Journal Entries
E) Create Accounting
F) Perform Allocations

4. Identify four reasons to use the set ID when defining Cost Accounting setups. (Choose four)

A) You can share definitions across multiple cost organizations.
B) You can take advantage of the business unit-to-set ID mapping defined in Cost Accounting.
C) You can control which definitions are visible to different cost organizations
D) You can streamline your setup effort.
E) You have the option to share setup data across all cost organizations using the common set.
F) You don't have to create any definitions for cost books.

5. At what level can you define item cost profiles?

A) Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
B) Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.
C) Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
D) Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.

Solutions: