Online Access Free 1z0-1074-23 Practice Test

There are freight charges on an invoice. Which two setups are required to get create accounting to enter a separate accounting line for it?

• A.Create a condition for a journal line for freight.
• B.Account Class must be set to Freight.
• C.Line Type must be set to Freight.
• D.Sub ledger accounting is set up to accomplish this out-of-the-box.

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

• A.Activate its journal entry rule set assignments.
• B.Transfer transactions from Receiving to Costing.
• C.Execute the Preprocessor.
• D.Transfer costs to Cost Management.
• E.Create Accounting.

Which four steps need to be completed to establish standard costs for a make item?

• A.Export item costs
• B.Complete cost roll-up
• C.Create a new cost scenario
• D.Publish costs
• E.Run preprocessor
• F.Add standard costs to a cost scenario

Identify four characteristics of a cost element.

• A.It uses date effectivity.
• B.It is the granularity at which costs are tracked and accounted.
• C.It is user-defined.
• D.It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
• E.Users can define any number of cost elements.
• F.The mapping of cost components into cost elements is user-defined.

Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.
Which subject area would you select to create this report?

• A.Costing-Cost Accounting Real Time
• B.Costing -Receipt Accounting Real Time
• C.Receipt Accounting-- Receipt Accounting Transactions Real Time
• D.Receipt Accounting- Receipt Accounting Distributions Real Time
• E.Financials-Subledger Accounting-Detail Transactions