Free Oracle 1z0-1074-20 Exam Dumps Questions & Answers

You have an item with two work definitions. One work definition is production priority 1 and named Plan A.
Another work definition is production priority 2 and named Plan B.
In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B.
How will the application select the work definition?

• A.The application will generate an error because there are two work definitions for the same item.
• B.The application will use the work definition that is named Plan B.
• C.The scenario will choose the work definition that is production priority 1.
• D.While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
• E.The cost planning scenario will use both work definitions for the item.

You have configured your expense items to accrue at receipt. You have created a few purchase orders and want to verify that the supplier invoices have been created.
Which accounting entries signal this process has taken place?

• A.Debit Receiving Inspection, Credit Accrued Liability
• B.Debit Expense, Credit Expense Accrual
• C.Debit Charge Account (expense or inventory), Credit Receiving Inspection
• D.Debit Expense, Credit Receiving Inspection
• E.Debit Accrued Liability, Credit Accounts Payable

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

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

Your client has accounting rules that need specific customization. Which two options allow them to accomplish this"1

• A.Use a different journal entry rule set for each ledger with a different accounting convention.
• B.Copy and rename predefined subledger journal entry rule sets before modifying them.
• C.Journal entry rule sets do not require accounting rules.
• D.The subledger journal entry rule set does not need the same accounting event class as the accounting method.
• E.The subledger journal entry rule set does not need the same accounting event type as the accounting method.

Your client needs to import the relevant transactions and tax determinants for their expense items into Receipt Accounting. What is the correct sequence of processes to accomplish this?

• A.Transfer Costs to Cost Management, Transfer Transactions from Inventory to Costing
• B.Transfer Transactions from Inventory to Costing, Transfer Costs to Cost Management
• C.Transfer Transactions from Receiving to Costing, Transfer Costs to Cost Management
• D.Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing
• E.Transfer Costs to Cost Management, Transfer Transactions from Receiving to Costing
• F.Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing