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NEW QUESTION 26
You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work area. Why can't you see this process?
- A. Purchase order information is automatically sent to Receipt Accounting using a real-time method
- B. Purchase order information should not be imported into Receipt Accounting.
- C. You do not have the role to import purchase order information into Receipt Accounting.
- D. All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.
- E. This process can only be scheduled and run from the Receipt Accounting work area
Answer: A
NEW QUESTION 27
Identify four reasons to use the set ID when defining Cost Accounting setups. (Choose four)
- A. You can streamline your setup effort.
- B. You cancontrol which definitions are visible to different cost organizations
- C. You have the option to share setup data across all cost organizations using the common set.
- D. You can take advantage of the business unit-to-set ID mapping defined in Cost Accounting.
- E. You don't have to create any definitions for cost books.
- F. You can share definitions across multiple cost organizations.
Answer: A,C,D,F
NEW QUESTION 28
Select the two valid relationships between subledger components.
- A. Journal entry rule sets hold journal rules and accounting rules.
- B. The journal lines hold the journal entry rule sets.
- C. The accounting method groups journal entry rule sets by Event Class and Event Type.
- D. Theaccounting method holds the accounting rules by Event Class and Event Type.
- E. Journal entry rules are used to hold accounting rules.
Answer: A,E
Explanation:
Explanation
https://docs.oracle.com/cd/E51367_01/financialsop_gs/FAISL/F1456683AN11328.htm
NEW QUESTION 29
An agent has to create a Work Order for a complex installation. A Work Order Line Item is created for each required component so it can be tracked and priced separately. However, a few of the components are only on the company's Preferred Price Book while the others are on the U.S. Price Book.
Which solution should a Consultant recommend so the agent can meet this requirement?
- A. Create one Work Order for each Price Book and use Work Types to assign the Price Book to each Work Order Line Item.
- B. Create one Work Order and add Work Order Line Items based on the Price Book selected on the Work Type.
- C. Create one Work Order for each Price Book and add Work Order Line Items to the appropriate Work Order based on its Price Book.
- D. Create one Work Order and override the price on Work Order Line Items for products on the Preferred Price Book.
Answer: C
NEW QUESTION 30
What are threecost method choices that are available in Cost Accounting?
- A. Periodic average cost
- B. Actual cost (FIFO or First In First Out)
- C. Period end average cost
- D. Standard cost
- E. Perpetual average cost
- F. Actual cost (LIFO or Last In First Out)
Answer: B,E,F
NEW QUESTION 31
You need to simulate and estimate landed cost charges associated with purchase order receipts of material.
What must you create to make this possible?
- A. Orders
- B. Cost Scenario
- C. Routes
- D. Trade Operation
- E. Charge Name
Answer: D
NEW QUESTION 32
After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?
- A. Transfer transactions from payables.
- B. Transfer to Sub ledger Accounting.
- C. Assign accruals to purchase order transactions.
- D. Transfer transactions from receiving.
- E. Create distributions.
Answer: E
NEW QUESTION 33
Universal Containers has enabled Field Service Lightning and is looking to enable Entitlements for Work Orders. What should a Consultant take into consideration?
- A. Creating Entitlements for Cases and Work Orders must be separated.
- B. Creating Entitlements for Work Orders requires Lightning to be enabled.
- C. Managing page layouts and validation rules can be done in Salesforce Lightning.
- D. Managing page layouts and milestone trackers can be done in salesforce1.
Answer: A
NEW QUESTION 34
Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?
- A. Cost Accounting
- B. Receipt Accounting
- C. Landed Cost Management
- D. Product Model
- E. Inventory Management
Answer: E
NEW QUESTION 35
a dispatcher notice that the crew assigned to a service appointment is missing a skill requirement for the appointment.
How can the dispatcher update the service crew to meet those requirements?
- A. Use the crew management tool to add service resources to the crew.
- B. Edit the service appointment and add a new service resource.
- C. Create a new service appointment with a different crew.
- D. Update the service crew on the service appointment's work type.
Answer: A
NEW QUESTION 36
Which three cost planning tasks can be performed in the Cost Accounting work area?
- A. Manage Cost Accounting Periods
- B. Review Item Costs
- C. Manage Resource Rates
- D. Estimating Standard Costs for Assemblies
- E. Analyzing and Comparing Costs
- F. Review Work Order Costs
Answer: C,D,F
Explanation:
Explanation
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_C97AC111350F0D3EE040D30A68814D11
NEW QUESTION 37
You are configuring Landed Cost Management for client proof of concept and only want to set up required tasks. Which task must be completed?
- A. Routes
- B. Charge Name
- C. Reference Types
- D. Trade Operation
- E. Trade Operation Templates
Answer: C
NEW QUESTION 38
You can track costs at what granularity level in Cost Accounting for the actual costing method?
- A. Grade, Serial, Group, Lot
- B. Subinventory, Lot, Serial, Locator
- C. Subinventory, Make, Lot, Serial
- D. Subinventory. Lot, Serial, Grade
- E. Grade, Subinventory, Locator, Serial
Answer: D
NEW QUESTION 39
Which two rules determine whether a condition has been met for accounting rules?
- A. The conditions are evaluated in the sequence they are defined in the accounting rule.
- B. After all conditions are tested, the final resulting value is used.
- C. When the condition is met, the rule associated with that priority is used.
- D. Priorities determine the order in which accounting rule conditions are examined.
- E. Use parenthesis to control the order of the condition evaluation.
Answer: A,C
NEW QUESTION 40
Identify two characteristics of a cost profile.
- 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 which cost method you want to use for the cost component to cost element mapping.
- D. It is where you define your Cost Accounting policies.
Answer: B,D
NEW QUESTION 41
Your client has accounting rules that need specific customization. Which two options allow them to accomplish this"1
- A. The subledger journal entry rule set does not need the same accounting event class as the accounting method.
- B. Use a different journal entry ruleset for each ledger with a different accounting convention.
- C. Copy and rename predefined subledger journal entry rule sets before modifying them.
- D. Journal entry rule sets do not require accounting rules.
- E. The subledger journalentry rule set does not need the same accounting event type as the accounting method.
Answer: A
NEW QUESTION 42
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 thisreport?
- A. Financials-Subledger Accounting-Detail Transactions
- B. Receipt Accounting-- Receipt Accounting Transactions Real Time
- C. Receipt Accounting- Receipt Accounting Distributions Real Time
- D. Costing-Cost Accounting Real Time
- E. Costing -Receipt Accounting Real Time
Answer: A
NEW QUESTION 43
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. Users can define any number of cost elements.
- D. It is user-defined.
- E. The mapping of cost components into cost elements is user-defined.
- F. It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
Answer: A,D,E,F
NEW QUESTION 44
Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed CostVariance?
- A. Business Unit and Legal Entity
- B. Inventory Organization and Legal Entity
- C. Legal Entity and Cost Organization
- D. Business Unit and Inventory Organization
- E. Business Unit and Cost Organization
- F. Inventory Organization and Cost Organization
Answer: D
NEW QUESTION 45
Which two things must your customer check daily in order to ensure that all their purchase order transactions from that day have been accounted for in Receipt Accounting Distribution?
- A. Review their audit receipt accrual clearing balances.
- B. Review their distributions that show the debit and credit information specific to the Receipt Accounting transaction selected.
- C. Review their journal entries, including their sub-ledger accounting events and class where the charges from the purchase orders are going to be charged to.
- D. Review their Receipt Accounting processes that show whether any processesfailed and why.
- E. Review their accrual balances and clear them.
Answer: C,E
NEW QUESTION 46
Universal containers requires trained inspectors to make three site visits per year to inspect containers sites. These visits must be scheduled within 14 days of the inspection due date.
What are two ways s consultant can configure maintenance plans to meet the requirement? Choose 2 answer
- A. Auto-generate work orders with a 14-day Generation timeframe.
- B. Associate a work type called site visit to a maintenance plan.
- C. Associate a required skill called site visit to a maintenance plan.
- D. Auto-generate work orders with a 14-day Generation horizon.
Answer: B,D
NEW QUESTION 47
Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario
- A. Work definitions without alternates
- B. Work definitions with the highest costing priority
- C. Work definitions with the highest production priority
- D. Work definitions with the lowest productioncost
- E. Work definitions with specific unit numbers
Answer: D,E
NEW QUESTION 48
Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
How do you accomplish this?
- A. Turn off the summarize flag in the journal line rule.
- B. Write a custom report.
- C. Turn off merge matchinglines in the journal line rule.
- D. Turn on detailed posting for GL in the ledger setup.
- E. Extract distribution accounting entries.
Answer: C
NEW QUESTION 49
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