Oracle 1z0-1074-23 exam - in .pdf

1z0-1074-23 pdf
  • Exam Code: 1z0-1074-23
  • Exam Name: Oracle Cost Management Cloud 2023 Implementation Essentials
  • Updated: Aug 05, 2026
  • Q & A: 80 Questions and Answers
  • PDF Price: $59.99
  • PDF Demo

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  • Exam Code: 1z0-1074-23
  • Exam Name: Oracle Cost Management Cloud 2023 Implementation Essentials
  • Updated: Aug 05, 2026
  • Q & A: 80 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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Oracle 1z0-1074-23 exam - Testing Engine

1z0-1074-23 Testing Engine
  • Exam Code: 1z0-1074-23
  • Exam Name: Oracle Cost Management Cloud 2023 Implementation Essentials
  • Updated: Aug 05, 2026
  • Q & A: 80 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

About Oracle Cost Management Cloud 2023 Implementation Essentials : 1z0-1074-23 Exam Torrent

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Oracle 1z0-1074-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Cost Accounting and Processing- Period close and cost rollup
- Cost calculation processes
- Cost accounting distributions
Topic 2: Inventory and Work Order Costing- Manufacturing and work order costing
- Inventory transactions costing
Topic 3: Cost Management Cloud Overview- Key business processes and architecture
- Integration with Oracle SCM Cloud
Topic 4: Setup and Configuration- Costing methods configuration
- Inventory valuation setup
- Cost organization and cost profiles setup
Topic 5: Reporting and Analysis- Cost reconciliation and audit
- Cost analysis reports

Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

1. Which four statements describe what is unique about Cost Accounting for items received into inventory as consigned?

A) Consigned items cannot appear on inventory reports with information about the eventual value of the consigned item.
B) There is no difference between owned inventory and consigned inventory.
C) A consumption can automatically trigger a momentary ownership transaction before the consumption transaction.
D) Consigned items can appear on inventory reports with information about the eventual value of the consigned item
E) The quantity is tracked in inventory but not as an asset until there is an ownership event
F) The liability for a consigned item occurs when there is an ownership event.


2. If the accounting method does not have an assigned chart of accounts (COA), which option is valid?

A) Any secondary ledger that uses the method cannot have a COA.
B) The accounting method must have a mapping set to convert the accounts.
C) The accounting method can be assigned to any ledger.
D) Accounting rules cannot override the accounting method.
E) The accounting method may only be used by ledgers without a COA.


3. Landed Cost Variance Analysis can be performed based on which three dimension combinations?

A) Item/Business Unit/Route
B) Business Unit/Landed Cost Charge/Cost Organization
C) Inventory Organization/Landed Cost Charge/Third Party Supplier
D) Item Catalog/Inventory Organization/Business Unit
E) Item Category/Material Supplier/Landed Cost Charge


4. What are three cost method choices that are available in Cost Accounting?

A) Period end average cost
B) Perpetual average cost
C) Periodic average cost
D) Actual cost (LIFO or Last In First Out)
E) Actual cost (FIFO or First In First Out)
F) Standard cost


5. When attempting to open costing periods, your customer is receiving the following error:
Error: You do not have the required permission. You can request that your help desk change your security settings.
What configuration needs to be done so your customer will be able to open the Cost Accounting period?

A) Create Data Access on the Accounts Payable role for the correct inventory organization.
B) Create Data Access on the Accounts Payable role for the correct cost organization.
C) Create Data Access on the Cost Accountant role for the correct inventory organization.
D) Create Data Access on the Cost Accountant role for the correct cost organization.


Solutions:

Question # 1
Answer: A,B,D,F
Question # 2
Answer: C
Question # 3
Answer: D
Question # 4
Answer: B,D,E
Question # 5
Answer: D

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