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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

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

A) Activate its journal entry rule set assignments.
B) Transfer costs to Cost Management.
C) Execute the Preprocessor.
D) Create Accounting.
E) Transfer transactions from Receiving to Costing.

2. Which three tasks can be completed in the Receipt Accounting work area?

A) Review Cost Accounting Distributions
B) Review Item Costs
C) Create Accounting
D) Create Receipt Accounting Distributions
E) Review and Approve Item Cost Profiles
F) Manage Accrual Clearing Rules

3. Which three features are included in Receipt Accounting?

A) Review Journal Entries
B) Analyze Standard Purchase Cost Variances
C) Create Receipt Accounting Distribution
D) Review Item Costs
E) Adjust Receipt Accrual Clearing Balances

4. 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) Inventory Account Balances Report
B COGS Account Balances Report
B) Costing Balances Report
C) Inventory Valuation Report
D) Revenue and COGS Matching Report

5. Identify three Landed Cost Management tasks.

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

Solutions: