Sunday, December 6, 2020

Part-9:Oracle Cloud Cost Management Certifications: 1Z0-1074-20


Question 33:
After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next? 


Option's:
A. In-transit 
B. Retro-reprice 
C. Adjustments 
D. Overhead 
E. Cost of Goods Sold 


Answer: D



Question 34:
A chart of accounts (COA) must be specified on the accounting method for which two situations?


Option's:
A. When using ledgers that have unique accounting requirements 
B. When using account combination rules 
C. When account combination rules use constants 
D. Every accounting method should have a COA. 
E. When using segment rules 


Answer: D & E



Question 35:
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 36:
Identify four reasons to use the set ID when defining Cost Accounting setups ?



Option's:
A. You can share definitions across multiple cost organizations. 
B. You can control which definitions are visible to different cost organizations 
C. You can streamline your setup effort. 
D. You have the option to share setup data across all cost organizations using the common set. 
E. You can take advantage of the business unit-to-set ID mapping defined in Cost Accounting. 
F. You don't have to create any definitions for cost books. 


Answer: A, C, D & E.




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