Online 1Z0-1074-25 Practice Test

Question 1

Your customer has a defined financial route that is not the same as the physical route in that it involves

intermediate nodes (internal business units) that are not part of the physical supply chain.

Which pair of tasks are required to define and associate routes in Landed Cost Management?

Options :

A :

Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.

B : Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs

C :

Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs

D : Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.

E : Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs

Answer: B,D

Question 2

After all relevant transactions are in Receipt Accounting, which two tasks must be completed for these transactions to be transferred to the General Ledger?

Options :

A : Transfer to Sub ledger Accounting.

B : Transfer transactions from payables.

C : Transfer transactions from receiving.

D : Create distributions.

E : Assign accruals to purchase order transactions.

Answer: A,D

Question 3

Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

Options :

A : Receipt Accounting

B : Cost Accounting

C : Landed Cost Management

D : Inventory Management

E : Product Model

Answer: A,B

Question 4

Identify the four types of cost adjustments.

Options :

A : A change to a requisitionafter the purchase order has been created will create a cost adjustment.

B :

A revenue recognition event, which in turn triggers a cost of goods sold recognition event, can cause a cost adjustment.

C : A standard cost update will create an inventory value adjustment.

D : Authorized users can manually create cost adjustments.

E :

When a supplier invoice is processed in accounts payable, it can cause an adjustment to the inventory value and the cost of goods sold if the amounts processed for payment are differentfrom the estimated amount on the purchase order

F :

A retroactive purchase order price adjustment can cause an adjustment to the inventory value and the cost of goods sold.

Answer: C,D,E,F

Question 5

Trade events for physical shipmentsare interfaced into the Cost Accounting subledger from which module?

Options :

A : Inventory

B : Order Management

C : Purchasing

D : Financial Orchestration

E : Shipping

Answer: A

EXPERTY DESIGNED 1Z0-1074-25 PRACTICE TEST