This page was exported from Free Exam Dumps Collection [ http://free.examcollectionpass.com ] Export date:Wed Nov 27 22:31:17 2024 / +0000 GMT ___________________________________________________ Title: [Jan 12, 2023] Fully Updated Dumps PDF - Latest 1z0-1074-22 Exam Questions and Answers [Q23-Q43] --------------------------------------------------- [Jan 12, 2023] Fully Updated Dumps PDF - Latest 1z0-1074-22 Exam Questions and Answers 100% Free 1z0-1074-22 Exam Dumps to Pass Exam Easily from ExamcollectionPass NEW QUESTION 23Your 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?  Event Class: Expense Accrual Event Type: Expense Accrual  Event Class: Period End Accrual Event Type: Period End Accrual  Event Class: Expense AccrualEvent Type: Period End Accrual  Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual  Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual NEW QUESTION 24At what level can you define item cost profiles?  Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.  Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.  Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.  Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined. NEW QUESTION 25How is the standard cost of a manufactured configured item calculated?  It is based on the material and resource requirements of a released work order.  The standard cost of a model item is calculated.  The standard cost is calculated for every possible combination of options under a model  It is based on the actual cost of the work order after it is completed. NEW QUESTION 26Your client is using Quick Setup to implement Costing. They have a requirement to track costs for manufacturing overhead. How can you make sure that this requirement is met?  Complete Quick Setup and then create the user-defined cost using the Manage Cost Component task.  This requirement will already be met by the default data generated when using Quick Setup.  Create the cost in Manage Cost Scenarios.  You can only track costs for Direct Labor and Direct Equipment; this requirement cannot be met. NEW QUESTION 27Identify four characteristics of a cost element.  Users can define any number of cost elements.  It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.  It is the granularity at which costs are tracked and accounted.  It is user-defined.  The mapping of cost components into cost elements is user-defined.  It uses date effectivity. NEW QUESTION 28You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work area. Why can’t you see this process?  Purchase order information is automatically sent to Receipt Accounting using a real-time method  This process can only be scheduled and run from the Receipt Accounting work area  You do not have the role to import purchase order information into Receipt Accounting.  All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.  Purchase order information should not be imported into Receipt Accounting. NEW QUESTION 29You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assemblyshows “0” cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.Identify two reasons this happened.  The item has no on-handinventory.  The assembly item is marked as Perpetual Average costed.  Outstanding purchase orders have not been received.  The Work Definition is incomplete.  Burdens have not been established for the item NEW QUESTION 30Identify four reasons to use the set ID when defining Cost Accounting setups. (Choose four)  You can share definitions across multiple cost organizations.  You cancontrol which definitions are visible to different cost organizations  You can streamline your setup effort.  You have the option to share setup data across all cost organizations using the common set.  You can take advantage of the business unit-to-set ID mapping defined in Cost Accounting.  You don’t have to create any definitions for cost books. NEW QUESTION 31Identify the four types of cost adjustments.  A change to a requisition after the purchase order has been created will create a cost adjustment.  A revenue recognition event, which in turn triggers a cost of goods sold recognition event, can cause a cost adjustment.  A standard cost update willcreate an inventory value adjustment.  Authorized users can manually create cost adjustments.  When a supplier invoice is processed in accounts payable, it can cause an adjustment to the inventory value and the cost of goods sold if the amounts processed for payment are different from the estimated amount on the purchase order.  A retroactive purchase order price adjustment can cause an adjustment to the inventory value and the cost of goods sold. NEW QUESTION 32Landed Cost Variance Analysis can be performed based on which three dimension combinations?  Business Unit/Landed Cost Charge/Cost Organization  Item/Business Unit/Route  ItemCategory/Material Supplier/Landed Cost Charge  Inventory Organization/Landed Cost Charge/Third Party Supplier  Item Catalog/Inventory Organization/Business Unit NEW QUESTION 33When running the Transfer Costs to Cost Management process,where will the primary default source for costs come from and what is the effect?  Receivables invoices; actual cost can be used.  Payables invoices; invoice price variance can be added to item cost.  Receipt costs; costs include adjustments.  Requisition costs; validated costs can be used.  Purchase order costs; item catalog costs can be used. NEW QUESTION 34Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed CostVariance?  Business Unit and Cost Organization  Inventory Organization and Legal Entity  Business Unit and Legal Entity  Business Unit and Inventory Organization  Legal Entity and Cost Organization  Inventory Organization and Cost Organization NEW QUESTION 35Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that holdnormal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.Which cost policy supports this requirement?  Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization.  Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.  Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.  Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returnedgoods subinventory.  EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from “Costing Level” to “Subinventory.” NEW QUESTION 36Universal Containers has implemented a Knowledge solution to provide Field Technicians with information necessary to complete assigned work. Which two capabilities will now be available?  Attach Knowledge Articles to Work Order Line Items Only.  Attach Articles to Work Orders and Work Order Line Items.  Include Quick Actions and Global Actions in Attached Articles.  Manage Attached Articles and Search the Knowledge Base. NEW QUESTION 37Which two types of costs are included in the cost of contract manufactured items?  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  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  The cost of resources consumed at the OEM’s factory  The cost of the contract manufacturing service Item. This is the price that the contract  Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit. NEW QUESTION 38universal containers technician may be assigned to jobs with arrival window to meet the costumer appointment time preference technicians are also assigned to jobs without a preferred appointment time In which two ways should the consultant define operation house to meet this requirement Choose 2 answers  When service resources are available for work  The due date of the service appointment  The maintenance plan for account  The time slots for appointment booking NEW QUESTION 39Identify four features provided by the Review Work Order Costs UI when displaying work order  Scrap Costs  Variable Costs  Output Costs  Incremental Costs  Input Costs  Standard Cost variances NEW QUESTION 40You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?  Activate its journal entry rule set assignments.  Transfer costs to Cost Management.  Create Accounting.  Transfer transactions from Receiving to Costing.  Execute the Preprocessor. NEW QUESTION 41Universal containers (UC) wants to schedule work orders only if technicians have the necessary qualifications to complete the designated work In which two ways can UC achieve this Choose 2 answers  Leverage the match skills scheduling policy when scheduling appointments  Create skills that relate to qualifications from the skills tab end assign them to a service resource  Leverage the match skills work rule when scheduling appointments  Create skills that relate to qualifications from setup and assign them to a service resource NEW QUESTION 42Which two rules determine whether a condition has been met for accounting rules?  When the condition is met, the rule associated with that priority is used.  Priorities determine the order in which accounting rule conditions are examined.  The conditions are evaluated in the sequence they are defined in the accounting rule.  After all conditions are tested, the final resulting value is used.  Use parenthesis to control the order of the condition evaluation. NEW QUESTION 43Universal containers requires trained inspectors to make three site visits per year to inspect containers sites. These visits must be scheduled within 14 days of the inspection due date.What are two ways s consultant can configure maintenance plans to meet the requirement? Choose 2 answer  Auto-generate work orders with a 14-day Generation horizon.  Auto-generate work orders with a 14-day Generation timeframe.  Associate a required skill called site visit to a maintenance plan.  Associate a work type called site visit to a maintenance plan.  Loading … Oracle 1z0-1074-22 Exam Syllabus Topics: TopicDetailsTopic 1Analyze and resolve errors and exceptions Describe the Landed Cost Work AreaTopic 2Explain Common Projects Enabled SCM Configurations Describe the purpose of Cost Accounting, Receipt Accounting, and Landed CostTopic 3Configure Costing methods (Standard, Perpetual, and Actual) Manage daily Receipt Accounting tasksTopic 4Explain the Role of Costing Key setups and Cost policies Explain Cost Accounting and how it integrates with other modulesTopic 5Explain the relationships of Subledger Components Describe the Receipt Accounting Work AreaTopic 6Explain Common Inventory Configurations Managerial Accounting Overview Manage Daily Cost Accounting tasksTopic 7Manage Project enabled Work Orders Receipt Accounting processesTopic 8Perform Cost Accounting processes & Reporting Analyze and resolve Standard Cost variancesTopic 9Manage Charge Names, Referance types & Routes Describe the Cost Accounting Work AreaTopic 10Create Standard Costs, Resource Rates, and Overhead Rates Explain key implementation decision points   Free 1z0-1074-22 Exam Questions 1z0-1074-22 Actual Free Exam Questions: https://www.examcollectionpass.com/Oracle/1z0-1074-22-practice-exam-dumps.html --------------------------------------------------- Images: https://free.examcollectionpass.com/wp-content/plugins/watu/loading.gif https://free.examcollectionpass.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2023-01-12 12:23:40 Post date GMT: 2023-01-12 12:23:40 Post modified date: 2023-01-12 12:23:40 Post modified date GMT: 2023-01-12 12:23:40