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Oracle Cost Management Cloud 2023 Implementation Essentials - 1z0-1074-23 real prep

1z0-1074-23
  • Exam Code: 1z0-1074-23
  • Exam Name: Oracle Cost Management Cloud 2023 Implementation Essentials
  • Updated: Oct 13, 2025
  • Q & A: 80 Questions and Answers
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  • PDF Price: $59.98
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Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:

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

A) Business Unit and Cost Organization
B) Business Unit and Inventory Organization
C) Inventory Organization and Cost Organization
D) Business Unit and Legal Entity
E) Legal Entity and Cost Organization
F) Inventory Organization and Legal Entity


2. Which two steps need to be completed to estimate landed costs?

A) Prepare the Material Purchase Order Data process.
B) Update standard costs.
C) Transfer transactions from the Payables to the Costing process.
D) Transfer transactions from the Inventory to the Costing process.
E) Allocate charges


3. An invoice is created in a foreign currency. The invoice is not paid until several weeks later. By then, the currency conversion rate has changed.
How do you get the journal line rule to calculate the gain or loss?

A) Turn on the Subledger Gain or Loss Option.
B) Create a foreign reporting currency to track gain/loss.
C) Create a secondary ledger to track gain/loss.
D) Subledger Accounting is already set up to process it.


4. Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?

A) Purchasing
B) Inventory
C) Financial Orchestration
D) Shipping
E) Order Management


5. Which four steps need to be completed to establish standard costs for a make item?

A) Create a new cost scenario
B) Export item costs
C) Complete cost roll-up
D) Run preprocessor
E) Add standard costs to a cost scenario
F) Publish costs


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A,E
Question # 3
Answer: A
Question # 4
Answer: C
Question # 5
Answer: A,C,E,F

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