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Oracle 1z0-1074-23 Exam Syllabus Topics:

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. Identify two characteristics of an expense pool. (Choose two.)

A) It helps you analyze under-absorption and over-absorption of expenses that you want to capitalize onto the balance sheet as inventory value.
B) You can define the name of your expense pool, but you cannot define more than one.
C) It is a user-defined entity that represents a grouping of expenses that you want to absorb with resource and overhead rates.
D) It is used only for analyzing gross margins on noninventory sales of services.

2. Identify two purposes of Sub ledger Accounting.

A) to maintain backward compatibility
B) to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
C) to centralize accounting string generation across all modules
D) to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
E) to calculate costs for transactions

3. Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

A) Inventory
B) Financial Orchestration
C) Shipping
D) Order Management
E) Purchasing

4. Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

A) Business Unit and Legal Entity
B) Legal Entity and Cost Organization
C) Business Unit and Inventory Organization
D) Inventory Organization and Cost Organization
E) Inventory Organization and Legal Entity
F) Business Unit and Cost Organization

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

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

Solutions: