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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. Identify three characteristics of cost component to cost element mapping.

A) You cannot modify, duplicate, or create user-defined cost components.
B) You can only define one cost component to cost element mapping for an installation.
C) It is one of the attributes you define as part of your cost profile definitions.
D) It lets you define how cost component level costs will map into cost elements.
E) It is user-defined.

2. Identify four characteristics of a cost element.

A) Users can define any number of cost elements.
B) It is the granularity at which costs are tracked and accounted.
C) It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
D) The mapping of cost components into cost elements is user-defined.
E) It is user-defined.
F) It uses date effectivity.

3. Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that hold normal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.
Which cost policy supports this requirement?

A) Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.
B) Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory.
C) EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."
D) Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.
E) Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization.

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

5. The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?

A) Charge Names
B) PreReference Types
C) Routes
D) Material Receipts
E) Trade Operation Template

Solutions: