Free Access Oracle.1Z0-1074-21.v2022-05-29.q29 Practice Test (Page 2)

Question 1

Identify four processors available in the cost processor.

A.Receipt Processor

B.Cost Distribution Processor

C.Cost Reports Processor

D.Cost of Goods Sold Processor

E.Cost Accounting Processor

F.Costing Period Processor

Question 2

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

A.Inventory Organization/Landed Cost Charge/Third Party Supplier

B.Item Category/Material Supplier/Landed Cost Charge

C.Item Catalog/Inventory Organization/Business Unit

D.Business Unit/Landed Cost Charge/Cost Organization

E.Item/Business Unit/Route

Question 3

Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015 effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
How will the application select the work definition?

A.You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.

B.Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.

C.It will use the work definition with the January 2, 2016 effective date.

D.It must always use the work definition with the October 1, 2015 effective date.

Question 4

Identify the four types of cost adjustments.

A.A standard cost update will create an inventory value adjustment.

B.A change to a requisition after the purchase order has been created will create a cost adjustment.

C.A revenue recognition event, which in turn triggers a cost of goods sold recognition event, can cause a cost adjustment.

D.Authorized users can manually create cost adjustments.

E.A retroactive purchase order price adjustment can cause an adjustment to the inventory value and the cost of goods sold.

F.When a supplier invoice is processed in accounts payable, it can cause an adjustment to the inventory value and the cost of goods sold if the amounts processed for payment are different from the estimated amount on the purchase order.

Question 5

When running the Transfer Costs to Cost Management process, where will the primary default source for costs come from and what is the effect?

A.Receivables invoices; actual cost can be used.

B.Receipt costs; costs include adjustments.

C.Payables invoices; invoice price variance can be added to item cost.

D.Requisition costs; validated costs can be used.

E.Purchase order costs; item catalog costs can be used.

Other Version: 830Oracle.1Z0-1074-21.v2022-02-19.q29

Latest Upload: 104Oracle.1Z0-1057-23.v2025-09-10.q47; 134Google.Professional-Cloud-Network-Engineer.v2025-09-09.q179; 130SAP.C-S4EWM-2023.v2025-09-08.q83; 147TheSecOpsGroup.CNSP.v2025-09-08.q20; 189CFAInstitute.ESG-Investing.v2025-09-08.q173; 136PECB.ISO-IEC-27001-Lead-Implementer.v2025-09-06.q132; 136Salesforce.Data-Architect.v2025-09-05.q216; 131Adobe.AD0-E605.v2025-09-05.q50; 170Nutanix.NCP-MCI-6.10.v2025-09-05.q55; 113Oracle.1z0-591.v2025-09-05.q104

Question 1

Question 2

Question 3

Question 4

Question 5

Download PDF File