Online Access Free 1Z0-1074-26 Practice Test

Which three tasks can be completed in the Receipt Accounting work area?

• A.Create Receipt Accounting Distributions
• B.Review Cost Accounting Distributions
• C.Manage Accrual Clearing Rules
• D.Review Item Costs
• E.Review and Approve Item Cost Profiles
• F.Create Accounting

Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario

• A.Work definitions without alternates
• B.Work definitions with specific unit numbers
• C.Work definitions with the highest costing priority
• D.Work definitions with the highest production priority
• E.Work definitions with the lowest production priority

Which four predefined costing reports can you use to gather information to review inventory value? (Choose four.)

• A.COGS and Revenue Matching Report
• B.Inventory Valuation Report
• C.In-transit Valuation Report
• D.Layer Inventory Valuation Report
• E.Cost Accounting Valuation Report
• F.Work in Process Inventory Valuation Report
• G.Costing Account Balances Report

You can track costs at what granularity level in Cost Accounting for the actual costing method?

• A.Grade, Subinventory, Locator, Serial
• B.Subinventory, Make, Lot, Serial
• C.Subinventory. Lot, Serial, Grade
• D.Subinventory, Lot, Serial, Locator
• E.Grade, Serial, Group, Lot

Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?

• A.Event Class: Expense Accrual Event Type: Expense Accrual
• B.Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual
• C.Event Class: Expense Accrual Event Type: Period End Accrual
• D.Event Class: Period End Accrual Event Type: Period End Accrual
• E.Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual