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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. Which two types of costs are included in the cost of contract manufactured items?

A) The cost of items that the original equipment manufacturer (OEM) owns and has provided to the contract manufacturer for use in the process of making the output Items
B) Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
C) The cost of resources consumed at the OEM's factory
D) The cost of Items that the contract manufacturer had to purchase to perform the contract manufacturing service, and the cost of resources used by the contract manufacturer
E) The cost of the contract manufacturing service Item. This is the price that the contract

2. You have an item with two work definitions. One work definition is production priority 1 and named Plan A.
Another work definition is production priority 2 and named Plan B.
In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B.
How will the application select the work definition?

A) The scenario will choose the work definition that is production priority 1.
B) While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
C) The cost planning scenario will use both work definitions for the item.
D) The application will generate an error because there are two work definitions for the same item.
E) The application will use the work definition that is named Plan B.

3. 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) Orders
C) Routes
D) Charge Name
E) Cost Scenario

4. After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?

A) Transfer transactions from payables.
B) Transfer to Sub ledger Accounting.
C) Assign accruals to purchase order transactions.
D) Transfer transactions from receiving.
E) Create distributions.

5. You can track costs at what granularity level in Cost Accounting for the actual costing method?

A) Grade, Subinventory, Locator, Serial
B) Grade, Serial, Group, Lot
C) Subinventory. Lot, Serial, Grade
D) Subinventory, Make, Lot, Serial
E) Subinventory, Lot, Serial, Locator

Solutions: