Monday, December 14, 2020

Part-22:Oracle Cloud Cost Management Certifications: 1Z0-1074-20


Question 81:
Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance? 


Option's:
A. Business Unit and Cost Organization 
B. Inventory Organization and Legal Entity 
C. Business Unit and Legal Entity 
D. Business Unit and Inventory Organization Legal Entity and Cost Organization E. Inventory Organization and Cost Organization 

Answer: D



Question 82:
If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used? 


Option's:
A. Rule sets assigned to a secondary ledger with a different COA. 
B. Rule sets that have a mapping set to convert the accounts. 
C. Rule sets not associated with any chart of accounts. 
D. Rule sets where the accounting rules override the method rule set E. Rule sets that use the same chart of accounts. 



Answer: A & D


Question 83:
Which three cost planning tasks can be performed in the Cost Accounting work area? 


Option's:
A. Review Work Order Costs 
B. Review Item Costs 
C. Analyzing and Comparing Costs 
D. Estimating Standard Costs for Assemblies 
E. Manage Resource Rates 
F. Manage Cost Accounting Periods 

Answer: A, D & E 
Explanation: https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_C97AC111350F0D3EE040D30A68814D11




Question 84:
Identify two characteristics of a cost profile ?


Option's:
A. It is used for calculating the estimated cost of manufactured items under different scenarios. 
B. It is used for Receipt Accounting. 
C. It is where you define your Cost Accounting policies. 
D. It is where you define which cost method you want to use for the cost component to cost element mapping. 



Answer: B & C


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