Online 1Z0-1074-24 Practice Test

Question 1

You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work area. Why can't you see this process?

Options :

A : Purchase order information is automatically sent to Receipt Accounting using a real-timemethod

B : This process can only be scheduled and run from the Receipt Accounting work area

C : You do not have the role to import purchase order information into Receipt Accounting.

D :

All purchase order information is included in the Transfer Transactionsfrom Receiving to Costing process. There is no separate process

E : Purchase order information should not be imported into Receipt Accounting.

Answer: D

Question 2

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

Options :

A : The item has no on-hand inventory.

B : The assembly item is marked as Perpetual Average costed.

C : Outstanding purchase orders have not been received.

D : The Work Definition is incomplete.

E : Burdens have not been established for the item

Answer: D,E

Question 3

Landed Cost Variance Analysis can be performed based on which three dimension combinations?

Options :

A : Business Unit/Landed Cost Charge/Cost Organization

B : Item/Business Unit/Route

C : Item Category/Material Supplier/Landed Cost Charge

D : InventoryOrganization/Landed Cost Charge/Third Party Supplier

E : Item Catalog/Inventory Organization/Business Unit

Answer: A,C,D

Question 4

Your customer wants to run a report to review account balances for bothinventory valuation and cost of goods sold. Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

Options :

A :

Inventory Account Balances Report

B COGS Account Balances Report

B : Revenue and COGS Matching Report

C : Costing Balances Report

D : Inventory Valuation Report

Answer: A,C

Question 5

Your client wants to view Landed Cost Variance. Which pair of search options are available to view Landed Cost Variance?

Options :

A : Business Unit and Cost Organization

B : Inventory Organization and Legal Entity

C : Business Unit and Legal Entity

D : Business Unit and Inventory Organization

E : Legal Entity and Cost Organization

F : Inventory Organization and Cost Organization

Answer: F

EXPERTY DESIGNED 1Z0-1074-24 PRACTICE TEST