Free Practice Oracle 1Z0-1074-24 Exam Questions 2025

Stay ahead with 100% Free Oracle Cost Management Cloud 2024 Implementation Professional 1Z0-1074-24 Dumps Practice Questions

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Total 82 Questions | Updated On: May 04, 2024

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Question 1

Landed Cost Variance Analysis can be performed based on which three dimension combinations?

A : Business Unit/Landed Cost Charge/Cost Organization

B : Item/Business Unit/Route

C : Item Category/Material Supplier/Landed Cost Charge

D : InventoryOrganization/Landed Cost Charge/Third Party Supplier

E : Item Catalog/Inventory Organization/Business Unit

Answer: A

Question 2

Which four steps need to be completed to establish standard costs for a make item?

A : Run preprocessor.

B : Complete cost roll-up.

C : Publish costs

D : Export item costs.

E : Add standard costs to a cost scenario.

F : Create a new cost scenario.

Answer: A,B,C,D

Question 3

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

Question 4

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 5

Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing

policies, they realize that they want to cost some of their lotsdifferently then others

What must they do to accomplish this?

A : Quick Setup generates valuation units so they just have to access those valuation units and make their changes.

B : They cannot change their current configuration; data generated by Quick Setup cannot be changed.

C : They must create their valuation units manually.

D : Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.

Answer: D

Page: 1 / 17

Total 82 Questions | Updated On: May 04, 2024

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