Part-11:Oracle Cloud Cost Management Certifications: 1Z0-1074-20

Question 41:

Select two ways to define the standard cost for an item from the Cost Accounting work  ?

Option's:

A. Manage the Item Cost task. 

B. Import standard costs from receipt layers. 

C. Manage the Standard Cost task. 

D. Create Standard Cost in a spreadsheet. 

Answer: A & D

Question 42

Identify four processors available in the cost processor ?

Option's:

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

Answer: B, C, D & E 

Explanation https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/fapma/managecost-accounting.

Question 43:

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

Option's:

A. Review and Approve Item Cost Profiles 

B. Review Item Costs 

C. Create Receipt Accounting Distributions 

D. Review Cost Accounting Distributions 

E. Manage Accrual Clearing Rules 

F. Create Accounting 

Answer: C, D & E

Question 44:

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

Option's:

A. Business Unit/Landed Cost Charge/Cost Organization 

B. Item/Business Unit/Route 

C. Item Category/Material Supplier/Landed Cost Charge 

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

E. Item Catalog/Inventory Organization/Business Unit 

Answer: E