Free Access Oracle.1z0-1074-20.v2022-03-02.q29 Practice Test (Page 3)

Question 6

You need to simulate and estimate landed cost charges associated with purchase order receipts of material. What must you create to make this possible?

A.Trade Operation

B.Cost Scenario

C.Orders

D.Routes

E.Charge Name

Question 7

Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of their lots differently then others What must they do to accomplish this?

A.Quick Setup generates valuation units so they just have to access those valuation units and make their changes.

B.They must create their valuation units manually.

C.They cannot change their current configuration; data generated by Quick Setup cannot be changed.

D.Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.

Question 8

Your organization currently has the August period for this year open. They want to be able to open the September period, while keeping August open. When you try to open the target period, August of this year, you get an error.
What must you do to meet your customer's requirement and resolve this error?

A.Perform cost account validations for August in Manage Cost Accounting Periods

B.Run the Transfer Transactions to Costing process.

C.Close the August period; you can never have two open periods at the same time.

D.Change the number of maximum open periods in Manage Cost Organization Relationships

Question 9

At what level can you define item cost profiles?

A.Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.

B.Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.

C.Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.

D.Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.

Question 10

Which two steps need to be completed to estimate landed costs?

A.Prepare the Material Purchase Order Data process.

B.Transfer transactions from the Inventory to the Costing process.

C.Update standard costs.

D.Transfer transactions from the Payables to the Costing process.

E.Allocate charges

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Question 6

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