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Oracle 1z0-1074-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Analysis | - Cost analysis reports - Cost reconciliation and audit |
| Cost Management Cloud Overview | - Key business processes and architecture - Integration with Oracle SCM Cloud |
| Inventory and Work Order Costing | - Manufacturing and work order costing - Inventory transactions costing |
| Cost Accounting and Processing | - Cost calculation processes - Cost accounting distributions - Period close and cost rollup |
| Setup and Configuration | - Cost organization and cost profiles setup - Inventory valuation setup - Costing methods configuration |
Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:
1. Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?
A) Business Unit and Cost Organization
B) Inventory Organization and Legal Entity
C) Business Unit and Inventory Organization
D) Legal Entity and Cost Organization
E) Inventory Organization and Cost Organization
F) Business Unit and Legal Entity
2. You can track costs at what granularity level in Cost Accounting for the actual costing method?
A) Subinventory, Make, Lot, Serial
B) Grade, Subinventory, Locator, Serial
C) Grade, Serial, Group, Lot
D) Subinventory, Lot, Serial, Locator
E) Subinventory. Lot, Serial, Grade
3. Identify two reference types used to tie a receipt trade operation to an expense invoice for landing.
A) Receipt number
B) Expense invoice number
C) Shipment number
D) Internal requisition number
E) Bill of Lading
4. 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 Landed Costs and associate with the Trade Operations Template in Landed Costs.
B) Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
C) Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
D) Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
E) Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
5. Identify four reasons to use the set ID when defining Cost Accounting setups. (Choose four)
A) You have the option to share setup data across all cost organizations using the common set.
B) You can take advantage of the business unit-to-set ID mapping defined in Cost Accounting.
C) You can share definitions across multiple cost organizations.
D) You can control which definitions are visible to different cost organizations
E) You don't have to create any definitions for cost books.
F) You can streamline your setup effort.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: E | Question # 3 Answer: C,E | Question # 4 Answer: C | Question # 5 Answer: A,B,C,F |
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