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Instant Download Oracle : 1z0-1074-23 Questions & Answers as PDF & Test Engine
- Exam Code: 1z0-1074-23
- Exam Name: Oracle Cost Management Cloud 2023 Implementation Essentials
- Updated: Sep 10, 2026
- No. of Questions: 80 Questions and Answers
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Oracle 1z0-1074-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Inventory and Work Order Costing | - Inventory transactions costing - Manufacturing and work order costing |
| Reporting and Analysis | - Cost reconciliation and audit - Cost analysis reports |
| Setup and Configuration | - Cost organization and cost profiles setup - Costing methods configuration - Inventory valuation setup |
| Cost Accounting and Processing | - Period close and cost rollup - Cost accounting distributions - Cost calculation processes |
| Cost Management Cloud Overview | - Key business processes and architecture - Integration with Oracle SCM Cloud |
Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:
Identify two characteristics of a cost profile.
- A. It is used for Receipt Accounting.
- B. It is used for calculating the estimated cost of manufactured items under different scenarios.
- 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.
Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?
- A. Inventory
- B. Shipping
- C. Financial Orchestration
- D. Purchasing
- E. Order Management
You can track costs at what granularity level in Cost Accounting for the actual costing method?
- A. Subinventory, Lot, Serial, Locator
- B. Grade, Subinventory, Locator, Serial
- C. Subinventory. Lot, Serial, Grade
- D. Subinventory, Make, Lot, Serial
- E. Grade, Serial, Group, Lot
Identify four features provided by the Review Work Order Costs UI when displaying work order
- A. Scrap Costs
- B. Incremental Costs
- C. Output Costs
- D. Input Costs
- E. Standard Cost variances
- F. Variable Costs
You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?
- A. Run the "Activate Accounting Methods" process.
- B. Validate the subledger journal entry rule sets using Validate Journal Entry Rule Set.
- C. Add the subledger journal entry rule sets to the Manage Accounting Methods task.
- D. Run the "Activate Subledger Journal Entry Rule Set Assignments" process.
- E. Add the subledger journal entry rule sets to the Manage Journal Entry Rule Set task.
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