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Oracle 1z0-1074-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Project Enabled Supply Chain | 5% | - Project work order costing - Configuration overview |
| Subledger Accounting | 10% | - Account rules and journal setups - Accounting methods and exceptions |
| Standard Costs | 15% | - Manage scenarios and rates - Analyze variances - Create and roll up costs |
| Cost Accounting | 25% | - Setup: organizations, books, elements - Costing methods: standard, perpetual, actual - Processing and daily tasks |
| Landed Cost Management | 10% | - Manage charges and routes - Overview and configuration |
| Receipt Accounting | 20% | - Configure accrual options - Processes and reporting - Overview and work area |
| Managerial Accounting Overview | 15% | - Explain cost accounting and integration - Identify key implementation decisions |
Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:
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 with specific unit numbers
- B. Work definitions with the highest production priority
- C. Work definitions with the lowest production priority
- D. Work definitions without alternates
- E. Work definitions with the highest costing priority
Correct Answer: B,E 🗳️
Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?
- A. Business Unit and Inventory Organization
- B. Business Unit and Cost Organization
- C. Legal Entity and Cost Organization
- D. Inventory Organization and Cost Organization
- E. Inventory Organization and Legal Entity
- F. Business Unit and Legal Entity
Correct Answer: A 🗳️
You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?
- A. Charge Name
- B. Trade Operation Templates
- C. Routes
- D. Reference Types
- E. Trade Operation
Correct Answer: A 🗳️
Identify four characteristics of a cost element.
- A. Users can define any number of cost elements.
- B. It is user-defined.
- C. It is the granularity at which costs are tracked and accounted.
- D. The mapping of cost components into cost elements is user-defined.
- E. It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
- F. It uses date effectivity.
Correct Answer: B,D,E,F 🗳️
If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?
- A. Rule sets assigned to a secondary ledger with a different COA
- B. Rule sets where the accounting rules override the method rule set
- C. Rule sets not associated with any chart of accounts
- D. Rule sets that use the same chart of accounts
- E. Rule sets that have a mapping set to convert the accounts
Correct Answer: C,D 🗳️
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