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Oracle 1z0-1074-23 Exam Syllabus Topics:
Section
Objectives
Topic 1: Inventory and Work Order Costing
- Manufacturing and work order costing
- Inventory transactions costing
Topic 2: Cost Accounting and Processing
- Cost calculation processes
- Cost accounting distributions
- Period close and cost rollup
Which four steps need to be completed to establish standard costs for a make item?
A. Export item costs
B. Publish costs
C. Add standard costs to a cost scenario
D. Complete cost roll-up
E. Create a new cost scenario
F. Run preprocessor
Answer: B,C,D,E
Which two outcomes can happen in create accounting when an account combination returned is end dated?
A. The original account is stored on the journal line.
B. The preprocessor will pre-warn about this error.
C. Suspense accounts cannot be used.
D. An error will always occur.
E. An alternate account will be used if provided.
Answer: A,E
Explanation: Only visible for PrepAwayTest members. You can sign-up / login (it's free).
The process to map the AP invoices to the trade operation charges has completed. Which entity did the application use to do this?
A. Trade Operation Template
B. Material Receipts
C. PreReference Types
D. Routes
E. Charge Names
Answer: C
Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)
A. Inventory Valuation
B. Journal Entries
C. Cost Processing
D. Work Order Costs
E. Item Costs
F. Purchase Variance Summary
Answer: A,D,F
A chart of accounts (COA) must be specified on the accounting method for which two situations?
A. When account combination rules use constants
B. When using ledgers that have unique accounting requirements
C. When using account combination rules
D. Every accounting method should have a COA.
E. When using segment rules
Answer: D,E
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