Free Oracle 1z0-987 Exam Dumps Questions & Answers

You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?

• A.Execute the Preprocessor.
• B.Create Accounting.
• C.Transfer costs to Cost Management.
• D.Transfer transactions from Receiving to Costing.
• E.Activate its journal entry rule set assignments.

Your client is using Quick Setup to implement Costing. They have a requirement to track costs for manufacturing overhead. How can you make sure that this requirement is met?

• A.You can only track costs for Direct Labor and Direct Equipment; this requirement cannot be met.
• B.This requirement will already be met by the default data generated when using Quick Setup.
• C.Complete Quick Setup and then create the user-defined cost using the Manage Cost Component task.
• D.Create the cost in Manage Cost Scenarios.

You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.
What do you need to do for your receipt to show up?

• A.Run the Transactions from Procurement to Costing process.
• B.Run the Create Accounting process.
• C.Run the Clear Receipt Accrual Balances process.
• D.Run the Transactions from Receiving to Costing process.
• E.Run the Transfer Costs from Payables to Cost Management process.

You are establishing the cost for a make assembly. When we run Cost Rollup, it is not rolling up and the Assembly shows "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.

• A.Outstanding purchase orders have not been received.
• B.The item has no on-hand inventory.
• C.The assembly item is marked as Perpetual Average costed.
• D.Burdens have not been established for the item
• E.The Work Definition is incomplete.

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?

• A.Query the transaction from Review Cost Accounting Distributions to see the error message.
• B.Refer to the Accounting Event Diagnostic report.
• C.Review errors in the Create Accounting Execution report.
• D.Refer to the Accounting Event Diagnostic log.
  E Review errors in the Create Accounting Execution log.