Oracle 1Z0-1074-22 Exam: How to Pass on Your First Try

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Oracle 1Z0-1074-22 Exam: How to Pass on Your First Try Make 1Z0-1074-22 Certification Easy with DBexam.com

For Oracle 1Z0-1074-22 Exam

Preparation Tips for 1Z0-1074-22 Certification

1. Perform enough practice with Oracle system on related Oracle 1Z0-1074-22 certification subjects.

2. Identify the key configuration, workflow and data flow.

3. Understand all Syllabus Topics of the Exam which are Given in Description.

4. Identify your weak areas from practice test and do more practice with system.

5. Repeat practice exams and try to score 100% on www.DBexam.com.

1Z0-1074-22 Certification Detail

Exam Code 1Z0-1074-22

Full Exam Name Oracle Cost Management Cloud 2022 Implementation Professional Number of Questions 55

Practice Exams 1Z0-1074-22 Online Practice Exam Passing Score 62% Time Limit 90 minutes

Recommended Training Oracle Cost Management Cloud 2022 Certified Implementation Professional

Syllabus Topics for Oracle

Topic Name

Managerial Accounting Overview

Receipt Accounting Overview

Cost Accounting Overview Standard Costs

Landed Cost Overview

Subledger Accounting

Costing and Inventory Foundations Projects Enabled Supply Chain

1Z0-1074-22 Exam

Oracle 1Z0-1074-22

Exam Questions ?

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

Option

a) The accounting method must have a mapping set to convert the accounts.

b) Accounting rules cannot override the accounting method.

c) The accounting method may only be used by ledgers without a COA.

d) Any secondary ledger that uses the method cannot have a COA.

e) The accounting method can be assigned to any ledger.

ANSWER

e) The accounting method can be assigned to any ledger.

02. A chart of accounts (COA) must be specified on the accounting method for which two situations?

Option

a) When using ledgers that have unique accounting requirements

b) When using account combination rules

c) When account combination rules use constants

d) Every accounting method should have a COA.

e) When using segment rules

ANSWER

d) Every accounting method should have a COA.

e) When using segment rules

03. Which two types of costs are included in the cost of contract manufactured items?

Option

a) 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

b) 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

c) The cost of resources consumed at the OEM's factory

d) The cost of the contract manufacturing service Item. This is the price that the contract

e) Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.

ANSWER

a) 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

b) 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

04. Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

Option

a) Business Unit and Cost Organization

b) Inventory Organization and Legal Entity

c) Business Unit and Legal Entity

d) Business Unit and Inventory Organization

e) Inventory Organization and Cost Organization

f) Legal Entity and Cost Organization

ANSWER

d) Business Unit and Inventory Organization

05. You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?

Option

a) Activate its journal entry rule set assignments.

b) Transfer costs to Cost Management.

c) Create Accounting.

d) Transfer transactions from Receiving to Costing.

e) Execute the Preprocessor.

ANSWER

c) Create Accounting.

Unique Features of Oracle

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Information on Oracle 1Z0-1074-22 Certification

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