Free Online Oracle 1Z0-1074-23 Practice Test

Prepare Your Oracle 1Z0-1074-23 Exam Questions with Free online 1Z0-1074-23 Practice Test. Get Brilliant Oracle Cost Management Cloud 2023 Implementation Professional Exam Results with Valid 1Z0 1074 Exam Dumps.

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Total 82 Questions | Updated On: Apr 24, 2024

Question 1

If the Create Accounting process ends with errors or warnings, which three statements outline places you can

go to get more detailed information about the specific errors and warnings?

A : Query the transaction from Review Cost Accounting Distributions to see the error message.

B : Review errors in the Create Accounting Execution report.

C : Refer to the Accounting Event Diagnostic report.

D : Refer to the Accounting Event Diagnostic log.

E : Review errors in the Create Accounting Execution log.

Answer: B

Question 2

Trade events for physical shipmentsare interfaced into the Cost Accounting subledger from which module?

A : Inventory

B : Order Management

C : Purchasing

D : Financial Orchestration

E : Shipping

Answer: D

Question 3

Identify two characteristics of Landed Cost charge names.

A : Duty is a seededcharge name for Landed Cost.

B : You can modify a charge name until it is associated with a trade operation.

C : Charge names cannot be used to tie an invoice to a trade operation.

D : You can use multiple currencies within a trade operation for the samecharge name on different lines.

E : Charge names cannot be associated with a PO schedule.

Answer: B,D

Question 4

You have configured the application as follows:

• Expense items are set to accrue at receipt.

• Receipt Close tolerance is set to 75 percent.

• Purchasing Line types are set to 2-way match.

When you create a purchase order, the Accrue on Receipt check box is automatically selected when a line is

added.

Which two configurations changes willensure the Accrue on Receipt check box is not selected by default?

A : Change expense items to accrue at period end.

B : Change the Purchasing Line types to 4-way match.

C : Change inventory items to accrue at period end.

D : Change the Purchasing Line types to 3-way match.

E : Change the Receipt Close tolerance so it is 100 percent.

Answer: B,D

Question 5

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 to Sub ledger Accounting.

B : Transfer transactions from payables.

C : Transfer transactions from receiving.

D : Create distributions.

E : Assign accruals to purchase order transactions.

Answer: D

Page: 1 / 17

Total 82 Questions | Updated On: Apr 24, 2024