Oracle 1z0-1074-23 Questions & Answers - in .pdf
- Total Q&A: 80
- Update: Jul 16, 2026
- Price: $59.99
- Vendor: Oracle
- Exam Code: 1z0-1074-23
- Exam Name: Oracle Cost Management Cloud 2023 Implementation Essentials
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Oracle 1z0-1074-23 Q&A - Testing Engine
- Total Q&A: 80
- Update: Jul 16, 2026
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Oracle Cost Management Cloud 2023 Implementation Essentials Sample Questions:
1. Your client wants to set up some of their items as expense items and then enable them to be accrued at period end for one of their business units.
Which two configurations will support this request?
A) Product Information Item > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "Yes".
B) Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals
> Set Accrue Expense Items to Period End.
C) Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals
> Set Accrue Expense Items to At Receipt.
D) Product Information Item > Search and select item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "No".
E) Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.
F) Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at Period End.
2. Select two ways to define the standard cost for an item from the Cost Accounting work area.
A) Manage the Standard Cost task.
B) Create Standard Cost in a spreadsheet.
C) Manage the Item Cost task.
D) Import standard costs from receipt layers.
3. 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 with the lowest production priority
B) Work definitions with specific unit numbers
C) Work definitions with the highest costing priority
D) Work definitions without alternates
E) Work definitions with the highest production priority
4. Which two statements are true about Cost Accounting books? (Choose two.)
A) Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.
B) A cost organization has one book that posts to the primary ledger.
C) A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
D) Every cost organization must use different book names; they cannot be shared.
5. 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 this report?
A) Costing -Receipt Accounting Real Time
B) Costing-Cost Accounting Real Time
C) Financials-Subledger Accounting-Detail Transactions
D) Receipt Accounting- Receipt Accounting Distributions Real Time
E) Receipt Accounting-- Receipt Accounting Transactions Real Time
Solutions:
| Question # 1 Answer: C,F | Question # 2 Answer: A,B | Question # 3 Answer: C,E | Question # 4 Answer: B,C | Question # 5 Answer: C |
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