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Oracle

1Z0-1074-20 · Question #63

Identify two ways that standard cost is calculated.

The correct answer is B. The standard cost is the sum of the cost of the selected option items. E. The roll-up calculation can be performed to update standard costs for Cost Accounting purposes. Explanation/Reference:

Manage Item Costs

Question

Identify two ways that standard cost is calculated.

Options

  • AUsers must manually enter the cost of each configured item; the calculation is not automated.
  • BThe standard cost is the sum of the cost of the selected option items.
  • CThe cost of a configured item is calculated based on the work definition of the model item.
  • DThe standard cost of the configured item is based on the purchase order price quoted by the supplier
  • EThe roll-up calculation can be performed to update standard costs for Cost Accounting purposes

How the community answered

(46 responses)
  • A
    2% (1)
  • B
    80% (37)
  • C
    7% (3)
  • D
    11% (5)

Explanation

Explanation/Reference:

Topics

#standard cost#cost rollup#configured items#option items

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