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Oracle 1Z0-1074-21 Exam Overview:

Oracle 1Z0-1074-21 Exam Syllabus Topics:

Oracle 1Z0-1074-21 Exam Questions Answered

Oracle Cost Management Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Which two types of costs are included in the cost of contract manufactured items?

A. The cost of resources consumed at the OEM's factory
B. The cost of the contract manufacturing service Item. This is the price that the contract
C. The cost of items that the original equipment manufacturer (OEM) owns and has provided to the contract manufacturer for use in the process of making the output Items
D. Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
E. The cost of Items that the contract manufacturer had to purchase to perform the contract manufacturing service, and the cost of resources used by the contract manufacturer

Question 2

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

A. Add standard costs to a cost scenario.
B. Export item costs.
C. Complete cost roll-up.
D. Publish costs
E. Create a new cost scenario.
F. Run preprocessor.

Question 3

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 Landed Costs and associate with the Trade Operations Template in Landed Costs.
B. Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
C. Define the route In Cost and Profit Planning 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 Functional Setup Manager and associate with Trade Operations in Landed Costs

Question 4

You can track costs at what granularity level in Cost Accounting for the actual costing method?

A. Subinventory, Lot, Serial, Locator
B. Subinventory. Lot, Serial, Grade
C. Grade, Subinventory, Locator, Serial
D. Subinventory, Make, Lot, Serial
E. Grade, Serial, Group, Lot

Question 5

Which two statements are true about Cost Accounting books? (Choose two.)

A. A cost organization has one book that posts to the primary ledger.
B. A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
C. Every cost organization must use different book names; they cannot be shared.
D. Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.

Solutions: