Free Oracle 1z0-1074-23 Exam Dumps Questions & Answers


Exam Code/Number:	1z0-1074-23Join the discussion
Exam Name:	Oracle Cost Management Cloud 2023 Implementation Essentials
Certification:	Oracle
Free Question Number:	80
Publish Date:	Aug 16, 2026
# of views:	2476
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Page: 1 / 16
Total 80 questions

Question 1

If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?

A.Rule sets where the accounting rules override the method rule set
B.Rule sets assigned to a secondary ledger with a different COA
C.Rule sets that have a mapping set to convert the accounts
D.Rule sets that use the same chart of accounts
E.Rule sets not associated with any chart of accounts

Question 2

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

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

Question 3

Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)

A.Purchase Variance Summary
B.Journal Entries
C.Inventory Valuation
D.Work Order Costs
E.Cost Processing
F.Item Costs

Question 4

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?

A.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.
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 different business units.
C.It can help you understand true margins and value added by internal business units through the internal supply chain.
D.It is only used when you do not need to maintain an arm's length relationship.
E.It can help you with consolidated financial reporting.

Question 5

Identify two characteristics of an expense pool. (Choose two.)

A.It is a user-defined entity that represents a grouping of expenses that you want to absorb with resource and overhead rates.
B.It is used only for analyzing gross margins on noninventory sales of services.
C.You can define the name of your expense pool, but you cannot define more than one.
D.It helps you analyze under-absorption and over-absorption of expenses that you want to capitalize onto the balance sheet as inventory value.