Oracle 1Z0-1074-21
Certification Exam: Sample Latest Questions and Answers
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1Z0-1074-21 Exam Detail Exam Code
1Z0-1074-21
Full Exam Name
Oracle Cost Management Cloud 2021 Implementation Essentials
Number of Questions
55
Practice Exams
1Z0-1074-21 Online Practice Exam
Passing Score
62%
Time Limit
90 minutes
Recommended Training
Oracle Cost Management Cloud 2021 Certified Implementation Specialist Oracle Supply Chain Management Cloud Learning Subscription
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How to Prepare for 1Z0-1074-21 •
Perform enough practice with Oracle system with related Oracle 1Z0-1074-21 certification subjects
•
Identify the key configuration, workflow and data flow
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Understand the all Syllabus Topics of Exam which are Given in Description.
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Identify your weak areas from practice test and do more practice with system
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Repeat practice exams and try to score 100% on www.DBexam.com
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Oracle 1Z0-1074-21 Exam Questions
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Q 1) If the accounting method does not have an assigned chart of accounts (COA), which option is valid? Option a) The accounting method must have a mapping set to convert the accounts. b) Accounting rules cannot override the accounting method.
c) The accounting method can be assigned to any ledger. d) Any secondary ledger that uses the method cannot have a COA. e) The accounting method may only be used by ledgers without a COA.
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ANSWER e) The accounting method may only be used by ledgers without a COA.
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Q 2) A chart of accounts (COA) must be specified on the accounting method for which two situations?
Option a) When using ledgers that have unique accounting requirements b) When using account combination rules c) When account combination rules use constants
d) Every accounting method should have a COA. e) When using segment rules
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ANSWER d) Every accounting method should have a COA. e) When using segment rules
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Q 3) Select the two valid relationships between subledger components.
Option a) The accounting method holds the accounting rules by Event Class and Event Type.
b) The journal lines hold the journal entry rule sets. c) The accounting method groups journal entry rule sets by Event Class and Event Type. d) Journal entry rules are used to hold accounting rules. e) Journal entry rule sets hold journal rules and accounting rules.
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ANSWER d) Journal entry rules are used to hold accounting rules. e) Journal entry rule sets hold journal rules and accounting rules.
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Q 4) Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?
Option a) Business Unit and Cost Organization b) Inventory Organization and Legal Entity c) Business Unit and Legal Entity d) Business Unit and Inventory Organization e) Inventory Organization and Cost Organization f) Legal Entity and Cost Organization
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ANSWER d) Business Unit and Inventory Organization
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Q 5) How is the standard cost of a manufactured configured item calculated?
Option a) It is based on the material and resource requirements of a released work order. b) The standard cost of a model item is calculated.
c) The standard cost is calculated for every possible combination of options under a model d) It is based on the actual cost of the work order after it is completed.
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ANSWER b) The standard cost of a model item is calculated.
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