1Z0-1074-20 Exam Questions
76 real 1Z0-1074-20 exam questions with expert-verified answers and explanations. Page 2 of 2.
- Question #55Manage Item Costs
Which two types of costs are included in the cost of contract manufactured items?
contract manufacturingitem costsOEM componentscost components - Question #56Manage Cost Periods
period end for one of their business units. Which two configurations will support this request?
expense accrualperiod endreceipt close toleranceprocurement configuration - Question #57Cost Accounting Setup
Identify four characteristics of a cost element.
cost elementcost granularitycost components mappingdate effectivity - Question #58Cost Accounting Setup
You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?
accounting methodjournal entry rule setsubledger accountingconfiguration activation - Question #59Manage Item Costs
How is the standard cost of a manufactured configured item calculated?
standard costconfigured itemsmodel itemcost calculation - Question #60Cost Accounting Setup
Identify two characteristics of a cost profile.
cost profilecost methodReceipt Accountingcost accounting policies - Question #61Cost Accounting Setup
You can track costs at what granularity level in Cost Accounting for the actual costing method?
actual costingcost tracking granularitylot serial gradesubinventory - Question #62Cost Reporting and Analysis
Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?
accrual reconciliationsupplier liabilitiesBI Publisherreceipt accounting - Question #63Manage Item Costs
Identify two ways that standard cost is calculated.
standard costcost rollupconfigured itemsoption items - Question #64Manage Item Costs
Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An i...
work definitioneffective datecost planning scenariostandard cost rollup - Question #65Cost Accounting Setup
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-w...
accrue on receiptexpense accrualpurchasing line typesPO default behavior - Question #66Cost Accounting Setup
Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfu...
subledger journal entry rule setperiod end accrualevent classexpense accrual - Question #67Process Cost Transactions
Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the phy...
landed costfinancial routetrade operations templateroute definition - Question #68Process Cost Transactions
Identify four processors available in the cost processor.
cost processorCOGS processorcost distribution processorcost accounting processor - Question #69
An invoice is created in a foreign currency. The invoice is not paid until several weeks later. By then, the currency conversion rate has changed. How do you get the journal line r...
- Question #70Manage Cost Periods
Your organization currently has the August period for this year open. They want to be able to open the September period, while keeping August open. When you try to open the target...
open periodsTransfer Transactions to Costingperiod errorcost accounting processor - Question #73Cost Accounting Setup
Identify three characteristics of cost component to cost element mapping.
cost component mappingcost elementscost profilemapping definition - Question #74Process Cost Transactions
Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?
trade eventsFinancial Orchestrationphysical shipmentssubledger interface - Question #75Process Cost Transactions
Identify the four types of cost adjustments.
cost adjustmentsretroactive POstandard cost updateinvoice adjustment - Question #76
Identify three Landed Cost Management tasks.
- Question #77Manage Cost Periods
When attempting to open costing periods, your customer is receiving the following error: Error: You do not have the required permission. You can request that your help desk change...
data access securityCost Accountant rolecost organizationperiod open permissions - Question #78Manage Cost Periods
Which statement is true regarding the cost cutoff date in Cost Accounting?
cost cutoff datetransaction processingcutoff behaviorperiod control - Question #79Cost Accounting Setup
You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?
Landed Cost Managementreference typesrequired setup taskstrade operations - Question #80Cost Accounting Setup
Select the two valid relationships between subledger components.
subledger accountingjournal entry rule setsaccounting rulessubledger components - Question #81Process Cost Transactions
The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?
Landed Cost Managementreference typesAP invoice mappingtrade operation charges - Question #82Process Cost Transactions
After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?
cost accounting processortransaction processing orderoverhead absorptionphysical inventory