Free Oracle 1Z1-1024 Exam Dumps Questions & Answers


Exam Code/Number:	1Z1-1024Join the discussion
Exam Name:	Oracle Cost Management Cloud 2018 Implementation Essentials
Certification:	Oracle
Free Question Number:	80
Publish Date:	Sep 28, 2026
# of views:	2570
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Page: 1 / 16
Total 80 questions

Question 1

At what level can you define item cost profiles?

A.Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
B.Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.
C.Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
D.Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.

Question 2

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

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

Question 3

Identify four features provided by the Review Work Order Costs UI when displaying work order

A.Incremental Costs
B.Input Costs
C.Standard Cost variances
D.Scrap Costs
E.Output Costs
F.Variable Costs

Question 4

Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?

A.Event Class: Expense Accrual Event Type: Period End Accrual
B.Event Class: Period End Accrual Event Type: Period End Accrual
C.Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual
D.Event Class: Expense Accrual Event Type: Expense Accrual
E.Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual

Question 5

Identify two purposes of Sub ledger Accounting.

A.to maintain backward compatibility
B.to centralize accounting string generation across all modules
C.to calculate costs for transactions
D.to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level
E.to create accounting strings that can be viewed and corrected just before they are transferred to the General Ledger