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Oracle 1z0-1074-23 Exam With Confidence Using Practice Dumps

Exam Code:
1z0-1074-23
Exam Name:
Oracle Cost Management Cloud 2023Implementation Essentials
Certification:
Cost Management Cloud
Vendor:
Oracle
Questions:
79
Last Updated:
Jan 15, 2025
Exam Status:
Stable
Oracle 1z0-1074-23

1z0-1074-23: Cost Management Cloud Exam 2024 Study Guide Pdf and Test Engine

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Oracle Cost Management Cloud 2023Implementation Essentials Questions and Answers

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Question 1

You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?

Options:

A.

It can help you understand true margins and value added by internal business units through the internal supply chain.

B.

It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.

C.

It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.

D.

It can help you with consolidated financial reporting.

E.

It is only used when you do not need to maintain an arm’s length relationship.

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Question 2

In which two scenarios would you define account rules based on value sets?

Options:

A.

When a chart of accounts is assigned to the value set definition

B.

When a secondary ledger has a different COA

C.

In the absence of a chart of accounts on the accounting method

D.

When there is a mapping set to convert the accounts

E.

If a segment shares the same value set across multiple chart of accounts

Question 3

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?

Options:

A.

Turn off merge matching lines in the journal line rule.

B.

Turn off the summarize flag in the journal line rule.

C.

Write a custom report.

D.

Turn on detailed posting for GL in the ledger setup.

E.

Extract distribution accounting entries.

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