Free Oracle 1Z1-1074 Exam Dumps Questions & Answers

Identify two ways that standard cost is calculated.

• A.  The standard cost of the configured item is based on the purchase order price quoted by the supplier for the configured item.
• B.  The cost of a configured item is calculated based on the work definition of the model item.
• C.  Users must manually enter the cost of each configured item; the calculation is not automated.
• D.  The roll-up calculation can be performed to update standard costs for Cost Accounting purposes
• E.  The standard cost is the sum of the cost of the selected option items.

You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?

• A.  Run the "Activate Accounting Methods" process.
• B.  Add the sub ledger journal entry rule sets to the Manage Accounting Methods task.
• C.  Add the sub ledger journal entry rule sets to the Manage Journal Entry Rule Set task
• D.  Run the "Activate Sub ledger Journal Entry Rule Set Assignments" process.
• E.  Validate the sub ledger journal entry rule sets using Validate Journal Entry Rule Set.

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 physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

• A.  Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
• B.  Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
• C.  Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
• D.  Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
• E.  Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.

Your client hasaccounting rules that need specific customization. Which two options allow them to accomplish this"1

• A.  Use a different journal entry rule set for each ledger with a different accounting convention.
• B.  The subledger journal entry rule set does not needthe same accounting event type as the accounting method.
• C.  Journal entry rule sets do not require accounting rules.
• D.  The subledger journal entry rule set does not need the same accounting event class as the accounting method.
• E.  Copy and rename predefined subledger journal entry rule sets before modifying them.

When running the Transfer Costs to Cost Management process,where will the primary default source for costs come from and what is the effect?

• A.  Purchase order costs; item catalog costs can be used.
• B.  Requisition costs; validated costs can be used.
• C.  Payables invoices; invoice price variance can be added to item cost.
• D.  Receipt costs; costs include adjustments.
• E.  Receivables invoices; actual cost can be used.