Free Oracle 1Z0-1024 Exam Dumps Questions & Answers

Identify three characteristics of cost component to cost element mapping.

• A.It is user-defined.
• B.It lets you define how cost component level costs will map into cost elements.
• C.You cannot modify, duplicate, or create user-defined cost components.
• D.You can only define one cost component to cost element mapping for an installation.
• E.It is one of the attributes you define as part of your cost profile definitions.

Which two rules determine whether a condition has been met for accounting rules?

• A.When the condition is met, the rule associated with that priority is used.
• B.Use parenthesis to control the order of the condition evaluation.
• C.Priorities determine the order in which accounting rule conditions are examined.
• D.The conditions are evaluated in the sequence they are defined in the accounting rule.
• E.After all conditions are tested, the final resulting value is used.

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

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

After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?

• A.Retro-reprice
• B.Cost of Goods Sold
• C.Adjustments
• D.In-transit
• E.Overhead

A chart of accounts (COA) must be specified on the accounting method for which two situations?

• A.When using segment rules
• B.When using account combination rules
• C.Every accounting method should have a COA.
• D.When account combination rules use constants
• E.When using ledgers that have unique accounting requirements