Free Oracle 1Z1-1074 Exam Dumps Questions & Answers

You have just finished modifying an accounting method. What is thefinal step to complete the accounting method configuration?

• A.  Transfer transactions from Receiving to Costing.
• B.  Create Accounting.
• C.  Activate its journal entry rule set assignments.
• D.  Transfer costs to Cost Management.
• E.  Execute thePreprocessor.

You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work area. Why can't you see this process?

• A.  This process can only be scheduled and run from the Receipt Accounting work area
• B.  Purchase order information should not be imported into Receipt Accounting.
• C.  All purchase order information is included in the Transfer Transactionsfrom Receiving to Costing process. There is no separate process.
• D.  Purchase order information is automatically sent to Receipt Accounting using a real-timemethod
• E.  You do not have the role to import purchase order information into Receipt Accounting.

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

You have an item with two work definitions. One work definition is production priority 1 and named Plan A.
Another work definition is production priority 2 and named Plan
B. In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B.
How will the application select the work definition?

• A.  The scenario will choose the work definition that is production priority 1.
• B.  The cost planning scenario will use both work definitions for the item.
• C.  While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
• D.  The application will generate an error because there are two work definitions for the same item.
• E.  The application will use the work definition that isnamed Plan B.

Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

• A.  Receipt Accounting
• B.  Product Model
• C.  Cost Accounting
• D.  Inventory Management
• E.  Landed Cost Management