Top 5 Tips to Crack 1Z0-1074-20 Oracle Cost Management Cloud 2020 Implementation Essentials Exam

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4. 1Z0-1074-20 Certification Detail Exam Code 1Z0-1074-20 Full Exam Name Oracle Cost Management Cloud 2020 Implementation Essentials 55 Number of Questions Practice Exams 1Z0-1074-20 Online Practice Exam Passing Score 62% Time Limit 85 minutes Recommended Training Oracle Supply Chain Management Cloud Learning Subscription

5. Syllabus Topics for Oracle 1Z0-1074-20 Exam Topic Name Managerial Accounting Overview Cost Accounting Overview Landed Cost Overview Costing and Inventory Foundations Receipt Accounting Overview Standard Costs Subledger Accounting Projects Enabled Supply Chain

6. Oracle 1Z0-1074-20 Exam Questions ?

7. 01. 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

8. ANSWER d) Business Unit and Inventory Organization

9. 02. What are three cost method choices that are available in Cost Accounting? Option a) Period end average cost b) Actual cost (LIFO or Last In First Out) c) Periodic average cost d) Standard cost e) Perpetual average cost f) Actual cost (FIFO or First In First Out)

10. ANSWER b) Actual cost (LIFO or Last In First Out) e) Perpetual average cost f) Actual cost (FIFO or First In First Out)

11. 03. 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 can be assigned to any ledger. d) Any secondary ledger that uses the method cannot have a COA. e) The accounting method may only be used by ledgers without a COA.

12. ANSWER e) The accounting method may only be used by ledgers without a COA.

13. 04. 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

14. ANSWER d) Every accounting method should have a COA. e) When using segment rules

15. 05. 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 can be assigned to any ledger. d) Any secondary ledger that uses the method cannot have a COA. e) The accounting method may only be used by ledgers without a COA.

16. ANSWER e) The accounting method may only be used by ledgers without a COA.

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