Real Oracle 1z0-1074-22 Exam Questions Study Guide [Q39-Q57]

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Real Oracle 1z0-1074-22 Exam Questions Study Guide

Updated and Accurate 1z0-1074-22 Questions for passing the exam Quickly

Oracle 1z0-1074-22 Exam Syllabus Topics:

Topic	Details
Topic 1	Explain Common Inventory Configurations Managerial Accounting Overview Manage Daily Cost Accounting tasks
Topic 2	Explain the Receipt & Cost Accounting Subledger Create a Subledger Journal Entry Rule set
Topic 3	Create Standard Costs, Resource Rates, and Overhead Rates Explain key implementation decision points
Topic 4	Configure Costing methods (Standard, Perpetual, and Actual) Manage daily Receipt Accounting tasks
Topic 5	Analyze and resolve errors and exceptions Describe the Landed Cost Work Area
Topic 6	Configure Landed Cost Management Configure Accrue at period end
Topic 7	Perform Cost Accounting processes & Reporting Analyze and resolve Standard Cost variances
Topic 8	Costing and Inventory Foundations Receipt Accounting Overview
Topic 9	Explain the relationships of Subledger Components Describe the Receipt Accounting Work Area
Topic 10	Manage Charge Names, Referance types & Routes Describe the Cost Accounting Work Area

NEW QUESTION 39
There are freightcharges on an invoice. Which two setups are required to get create accounting to enter a separate accounting line for it?

Sub ledger accounting is set up to accomplish this out-of-the-box.

Line Type must be set to Freight.

Account Class must be set to Freight.

Create a condition for a journal line for freight.

NEW QUESTION 40
A customer wants return a defective product instead of scheduling service appointment How should this product be tracked in field service lightning?

Create a return order and relate it to the product

Create a work order and work order line

Create a product request and product request line item

Create return order and return order line item

NEW QUESTION 41
Universal Containers wants their Technicians to be allowed to reschedule a visit for the same work within the Field Service mobile application. What approach should a Consultant recommend?

Create a Visualforce page that will create a new Service Appointment record.

Create a Quick Action that will create a new Work Order record.

Create a Visualforce page that will create a new Work Order record.

Create a Quick Action that will create a new Service Appointment record.

NEW QUESTION 42
universal containers technician may be assigned to jobs with arrival window to meet the costumer appointment time preference technicians are also assigned to jobs without a preferred appointment time In which two ways should the consultant define operation house to meet this requirement Choose 2 answers

When service resources are available for work

The due date of the service appointment

The maintenance plan for account

The time slots for appointment booking

NEW QUESTION 43
Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed CostVariance?

Business Unit and Cost Organization

Inventory Organization and Legal Entity

Business Unit and Legal Entity

Business Unit and Inventory Organization

Legal Entity and Cost Organization

Inventory Organization and Cost Organization

NEW QUESTION 44
If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings?

Query the transaction from ReviewCost Accounting Distributions to see the error message.

Review errors in the Create Accounting Execution report.

Refer to the Accounting Event Diagnostic report.

Refer to the Accounting Event Diagnostic log.
E Review errors in the Create Accounting Execution log.

NEW QUESTION 45
Your customer wants torun a report to review account balances for both inventory valuation and cost of goods sold. Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

Inventory Account Balances Report
B COGS Account Balances Report

Revenue and COGS Matching Report

Costing Balances Report

Inventory Valuation Report

NEW QUESTION 46
You can track costs at what granularity level in Cost Accounting for the actual costing method?

Subinventory, Make, Lot, Serial

Grade, Serial, Group, Lot

Subinventory. Lot, Serial, Grade

Grade, Subinventory, Locator, Serial

Subinventory, Lot, Serial, Locator

NEW QUESTION 47
Achart of accounts (COA) must be specified on the accounting method for which two situations?

When using ledgers that have unique accounting requirements

When using account combination rules

When account combination rules use constants

Everyaccounting method should have a COA.

When using segment rules

NEW QUESTION 48
After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?

Transfer to Sub ledger Accounting.

Transfer transactions from payables.

Transfer transactions from receiving.

Create distributions.

Assign accruals to purchase order transactions.

NEW QUESTION 49
Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?

Definethe route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.

Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs

Define the route in Functional Setup Manager andassociate with Manage Charge Invoice Associations in Landed Costs

Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.

Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs

NEW QUESTION 50
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?

Receipt Accounting- Receipt Accounting Distributions Real Time

Receipt Accounting– Receipt Accounting Transactions Real Time

Costing -Receipt Accounting Real Time

Financials-Subledger Accounting-Detail Transactions

Costing-Cost Accounting Real Time

NEW QUESTION 51
You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assemblyshows “0” cost. However, item costs are available for child (buy) components. In the review work order cost, we are able to see child components costs, but not the rollup cost of the assembly.
Identify two reasons this happened.

The item has no on-handinventory.

The assembly item is marked as Perpetual Average costed.

Outstanding purchase orders have not been received.

The Work Definition is incomplete.

Burdens have not been established for the item

NEW QUESTION 52
Select the two valid relationships between subledger components.

Theaccounting method holds the accounting rules by Event Class and Event Type.

The journal lines hold the journal entry rule sets.

The accounting method groups journal entry rule sets by Event Class and Event Type.

Journal entry rules are used to hold accounting rules.

Journal entry rule sets hold journal rules and accounting rules.

Explanation
https://docs.oracle.com/cd/E51367_01/financialsop_gs/FAISL/F1456683AN11328.htm

NEW QUESTION 53
Identify two ways that standard cost is calculated.

Users must manually enter the cost of each configured item; the calculation is not automated.

The standard cost is the sum of the cost of the selected option items.

The cost of a configured item is calculated based on the work definition of the model item.

The standard cost of the configured item is based on the purchase order price quoted by the supplier for the configured item.

The roll-up calculation can be performed to update standard costs for Cost Accounting purposes

NEW QUESTION 54
Identify two characteristics of Landed Cost charge names.

Duty is a seeded charge name for Landed Cost.

You can modify a charge name until it is associated with a trade operation.

Charge namescannot be used to tie an invoice to a trade operation.

You can use multiple currencies within a trade operation for the same charge name on different lines.

Charge names cannot be associated with a PO schedule.

NEW QUESTION 55
Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a businessunit?

Accrual Supplier Liability Report

Accrual Reconciliation Report

Accrual Clearing Report

Uninvoiced Receipt Accrual Report

Receipt Accounting Real Time Report

Explanation
https://docs.oracle.com/cloud/farel12/scmcs_gs/FAPMA/FAPMA2269725.htm#FAPMA2269725

NEW QUESTION 56
Identify four processors available in the cost processor.

Receipt Processor

Cost Distribution Processor

Cost Reports Processor

Cost of Goods Sold Processor

Cost Accounting Processor

Costing PeriodProcessor

Explanation
https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/fapma/manage-cost-accounting.

NEW QUESTION 57
Universal Containers is deploying Field Service Lightning in Europe, where pricing varies by country.
What Price Book structure is recommended?

Utilize a standard Price Book specific to each country.

Utilize the standard Price Book with pricing rules applied.

Utilize a custom Price Book specific to each country.

Utilize a custom Price Book with pricing rules applied.

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