Free Oracle 1Z0-1074-24 Exam Questions

Become Oracle Certified with updated 1Z0-1074-24 exam questions and correct answers

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Total 82 Questions | Updated On: Jan 10, 2025

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Question 1

You are configuring Landed Cost Management for client proof of conceptand only want to set up required tasks. Which task must be completed?

A : arge Name

B : ference Types

C : ade Operation Templates

D : utes

E : ade Operation

Answer: B

Question 2

You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the

Assembly shows "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

A : item has no on-hand inventory.

B : assembly item is marked as Perpetual Average costed.

C : tstanding purchase orders have not been received.

D : Work Definition is incomplete.

E : rdens have not been established for the item

Answer: B,D

Question 3

Identify the four types of cost adjustments.

A : change to a requisitionafter the purchase order has been created will create a cost adjustment.

B : revenue recognition event, which in turn triggers a cost of goods sold recognition event, can cause a cost adjustment.

C : tandard cost update will create an inventory value adjustment.

D : thorized users can manually create cost adjustments.

E : en 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 differentfrom the estimated amount on the purchase order

F : retroactive purchase order price adjustment can cause an adjustment to the inventory value and the cost of goods sold.

Answer: A,B,D

Question 4

If the Create Accounting process ends with errors or warnings, which three statements outline places you can

go to get more detailed information about the specific errors and warnings?

A : ery the transaction from Review Cost Accounting Distributions to see the error message.

B : view errors in the Create Accounting Execution report.

C : fer to the Accounting Event Diagnostic report.

D : fer to the Accounting Event Diagnostic log.

E : view errors in the Create Accounting Execution log.

Answer: B

Question 5

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 : rchase order information is automatically sent to Receipt Accounting using a real-timemethod

B : is process can only be scheduled and run from the Receipt Accounting work area

C : u do not have the role to import purchase order information into Receipt Accounting.

D : l purchase order information is included in the Transfer Transactionsfrom Receiving to Costing process. There is no separate process

E : rchase order information should not be imported into Receipt Accounting.

Answer: A

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Total 82 Questions | Updated On: Jan 10, 2025

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