Oracle 1z0-1074-23 valid study dumps : Oracle Cost Management Cloud 2023 Implementation Essentials

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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

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

A) You can streamline your setup effort.
B) You have the option to share setup data across all cost organizations using the common set.
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 take advantage of the business unit-to-set ID mapping defined in Cost Accounting.

2. Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

A) Receipt Accounting
B) Landed Cost Management
C) Cost Accounting
D) Product Model
E) Inventory Management

3. You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?

A) It can help you understand true margins and value added by internal business units through the internal supply chain.
B) It can help you with consolidated financial reporting.
C) It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.
D) It is only used when you do not need to maintain an arm's length relationship.
E) It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.

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 Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
B) Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
C) Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
D) Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
E) Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs

5. Landed Cost Variance Analysis can be performed based on which three dimension combinations?

A) Item Catalog/Inventory Organization/Business Unit
B) Item/Business Unit/Route
C) Inventory Organization/Landed Cost Charge/Third Party Supplier
D) Business Unit/Landed Cost Charge/Cost Organization
E) Item Category/Material Supplier/Landed Cost Charge

Solutions: