Exam Name: Oracle Cost Management Cloud 2021 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Cost Management Cloud
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Preparing for a Oracle credential calls for material that follows the official scope. Actual4dump builds its Oracle Cost Management Cloud 2021 Implementation Essentials practice set around the 1Z0-1074-21 objectives, with 80 questions designed to support a focused review.
Oracle 1Z0-1074-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1074-21 |
| Related Certifications: | Oracle Cost Management Cloud 2022 Certified Implementation Professional Oracle Supply Chain Management Cloud |
| Certificate Validity Period: | 18 months |
| Passing Score: | 62% |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Exam Price: | USD $245 |
| Exam Format: | Multiple Select, Multiple Choice |
| Real Exam Qty: | 55 |
| Recommended Training: | Oracle Cost Management Cloud 2021 Implementation Training |
| Exam Registration: | Pearson VUE Oracle Registration Oracle University Exam Page |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or Onsite at Pearson VUE test centers |
| Pre Condition: | No official prerequisites required |
| Official Syllabus URL: | https://education.oracle.com/oracle-cost-management-cloud-2021-implementation-essentials/pexam_1Z0-1074-21 |
Oracle 1Z0-1074-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Projects Enabled Supply Chain | 5% | |
| Receipt Accounting Overview | 15% | |
| Subledger Accounting | 10% | |
| Cost Accounting Overview | 20% | |
| Managerial Accounting Overview | 10% | |
| Standard Costs | 15% | |
| Landed Cost Overview | 10% | |
| Costing and Inventory Foundations | 15% |
Common Questions About Oracle Cost Management Cloud 2021 Implementation Essentials
The 1Z0-1074-21 exam, Oracle Cost Management Cloud 2021 Implementation Essentials, assesses whether a candidate can apply Oracle knowledge to the skills measured by this credential. It is associated with the Oracle Cost Management Cloud 2021 Certified Implementation Specialist certification. The certification is positioned at the Specialist level. Related credentials include Oracle Cost Management Cloud 2022 Certified Implementation Professional, Oracle Supply Chain Management Cloud.
The 1Z0-1074-21 exam includes 55 questions and allows 90 minutes. Plan your pacing before exam day rather than calculating it under pressure. Timed sessions with Actual4dump practice tests can help you decide when to flag a difficult item, keep moving, and reserve enough time for a final review.
The published passing score for Oracle Cost Management Cloud 2021 Implementation Essentials is 62%, and the official exam fee is USD $245. A retake requires budgeting for the full official fee again, so it is sensible to complete several timed practice tests before scheduling. Consistent results across the 80 practice questions can give you a clearer picture of your readiness.
The stated prerequisite information for Oracle Cost Management Cloud 2021 Implementation Essentials is: No official prerequisites required Before registering, review the eligibility details on the official exam page to confirm the requirements.
You can register for Oracle Cost Management Cloud 2021 Implementation Essentials through the following channels:
The available exam delivery format is Online proctored or Onsite at Pearson VUE test centers.
The following official training resources are recommended for Oracle Cost Management Cloud 2021 Implementation Essentials:
After reviewing these training options, you can reinforce each topic with 80 practice questions from Actual4dump.
Yes. Actual4dump provides a free PDF demo so you can review the format and quality of the Oracle Cost Management Cloud 2021 Implementation Essentials practice questions before placing an order. Your purchase includes 365 days of free updates, and you can extend the update service after expiration at a 50% discount.
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The published Oracle Cost Management Cloud 2021 Implementation Essentials outline contains 8 major domains. The opening domains include:
- Projects Enabled Supply Chain (5%)
- Subledger Accounting (10%)
- Cost Accounting Overview (20%)
Review the complete Exam Topics section above for every domain and subtopic before planning your study time.
Oracle Cost Management Cloud 2021 Implementation Essentials Sample Questions:
Question 1
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. Receivables invoices; actual cost can be used.
B. Payables invoices; invoice price variance can be added to item cost.
C. Purchase order costs; item catalog costs can be used.
D. Requisition costs; validated costs can be used.
E. Receipt costs; costs include adjustments.
Question 2
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 successfully generated?
A. Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual
B. Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual
C. Event Class: Expense Accrual Event Type: Expense Accrual
D. Event Class: Period End Accrual Event Type: Period End Accrual
E. Event Class: Expense Accrual Event Type: Period End Accrual
Question 3
Identify two purposes of Sub ledger Accounting.
A. to calculate costs for transactions
B. to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
C. to maintain backward compatibility
D. to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger
E. to centralize accounting string generation across all modules
Question 4
Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario
A. Work definitions without alternates
B. Work definitions with the highest costing priority
C. Work definitions with specific unit numbers
D. Work definitions with the lowest production cost
E. Work definitions with the highest production priority
Question 5
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 cost planning scenario will use both work definitions for the item.
B. The application will generate an error because there are two work definitions for the same 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 use the work definition that is named Plan B.
E. The scenario will choose the work definition that is production priority 1.
Solutions:
| Question 1 Answer: A | Question 2 Answer: D | Question 3 Answer: A,D | Question 4 Answer: C,D | Question 5 Answer: E |
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