Use Free 1z0-1074-22 Exam Questions that Stimulates Actual EXAM [Q63-Q87]

Use Free 1z0-1074-22 Exam Questions that Stimulates Actual EXAM [Q63-Q87]

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Use Free 1z0-1074-22 Exam Questions that Stimulates Actual EXAM

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QUESTION 63
Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of theirlots differently then others What must they do to accomplish this?

Quick Setup generates valuation units so they just have to access those valuation units and make their changes.

They cannot change their current configuration; data generated by QuickSetup cannot be changed.

They must create their valuation units manually.

Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.

QUESTION 64
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?

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

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

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

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

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

QUESTION 65
If the accounting method does not have an assigned chart of accounts (COA), which option is valid?

The accounting method must have a mapping set to convert the accounts.

Accounting rules cannot override the accounting method.

The accounting method can be assigned to any ledger.

Any secondary ledger that uses the methodcannot have a COA.

The accounting method may only be used by ledgers without a COA.

QUESTION 66
Northern trail outfitters (N T O) wants to automatically dispatch a technician’s next two service appointments after the technician completes their current service appointment. NTO wants to be consistent across all of the service territories and control the number of service appointments that are pushed to the technician.
What automated processing should the consultant configure upon work order completion to dispatch the next two appointments?

Configure an auto dispatch schedule job.

Build a workflow rule.

Create an apex trigger.

Enable drip feed dispatch.

QUESTION 67
When should both the Root Work Order and Root Work Order Line Item fields be added to page layouts?

When a service process dictates that there are more than two levels in a Work Order Hierarchy and more than a single level in the Work Order Line Hierarchy.

When a service process dictates that there is a single level in a Work Order Hierarchy and more than two levels in the Work Order Line Hierarchy.

When a service process dictates that there are two levels in a Work Order Hierarchy and two levels in the Work Order Line Hierarchy. (Parent Work Order can be used)

When a service process dictates that there are more than two levels in a Work Order Hierarchy and more than two levels in the Work Order Line Hierarchy.

QUESTION 68
universal containers have a call center that responds to requests from
customers and schedules time for field service engineers (FSEs) to perform work on assets owned by the client. Call center agents are responsible for booking appointments Which permission set license should be assigned to the call center agents?

FSL resource license

FSL dispatcher license

FSL admin license

FSL agent license

QUESTION 69
Assume today is November 15, 2015, and you are getting ready to implement new standard costs for the new year Your cost planning scenario has a January 1, 2016 effective date. An item has three work definitions. One work definition has an October l, 2015effective date. A second work definition has a December 1, 2015 effective date. A third work definition has a January 2, 2016 effective date.
How will the application select the work definition?

It will use the work definition with the January 2, 2016effective date.

Depending on the selection criteria, it will use the work definition with the December l, 2015 effective date or the work definition with the October l, 2015 effective date.

It must always use the work definition with the October 1, 2015 effective date.

You will receive an error because the application will detect that all three are plausible, and it will be unable to determine which one to choose.

QUESTION 70
universal containers wants to provide a view of emergency work that is only visible to dispatchers What should the consultant do to meet the requirement?

Custom lightning component

Custom gantt filter

Custom report in a private report folder

Custom list view

QUESTION 71
Which two statements are true about Cost Accounting books? (Choose two.)

A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.

A cost organization has one book that posts to the primary ledger.

Every cost organization must use different book names; they cannot be shared.

Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.

QUESTION 72
When running the Transfer Costs to Cost Management process,where will the primary default source for costs come from and what is the effect?

Receivables invoices; actual cost can be used.

Payables invoices; invoice price variance can be added to item cost.

Receipt costs; costs include adjustments.

Requisition costs; validated costs can be used.

Purchase order costs; item catalog costs can be used.

QUESTION 73
Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)

Purchase Variance Summary

Journal Entries

Item CostIdentify two reference types used to tie a receipt trade operation to an expense invoice for landing

Cost Processing

Work Order Costs

Inventory Valuation

QUESTION 74
You have finished creating your sub ledger journal entry rule sets and see that they are still in the incomplete status. Which two steps will ensure that the journal entries are generated?

Run the “Activate Accounting Methods” process.

Validate the sub ledger journal entry rule sets using Validate Journal Entry Rule Set.

Run the “Activate Sub ledger Journal Entry RuleSet Assignments” process.

Add the sub ledger journal entry rule sets to the Manage Journal Entry Rule Set task

Add the sub ledger journal entry rule sets to the Manage Accounting Methods task.

QUESTION 75
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?

Complete Quick Setup and then create the user-defined cost using the Manage Cost Component task.

This requirement will already be met by the default data generated when using Quick Setup.

Create the cost in Manage Cost Scenarios.

You can only track costs for Direct Labor and Direct Equipment; this requirement cannot be met.

QUESTION 76
In which two scenarios would you define account rules based on value sets?

When a chart of accounts is assigned to the value set definition

When a secondary ledger has a different COA

In the absence of a chart of accounts on the accounting method

When there is a mapping set to convert the accounts

If a segment shares the same value set across multiple chart of accounts

QUESTION 77
Select two ways to define the standard cost for an item from the Cost Accounting work area.

Manage the Item Cost task.

Import standard costs from receipt layers.

Manage the Standard Cost task.

Create Standard Cost in a spreadsheet.

QUESTION 78
Identify four processors available in the cost processor.

Receipt Processor

Cost Distribution Processor

Cost Reports Processor

Cost of Goods Sold Processor

Cost Accounting Processor

Costing PeriodProcessor

QUESTION 79
How is the standard cost of a manufactured configured item calculated?

It is based on the material and resource requirements of a released work order.

The standard cost of a model item is calculated.

The standard cost is calculated for every possible combination of options under a model

It is based on the actual cost of the work order after it is completed.

QUESTION 80
A customer wants return a defective product instead of scheduling service appointment How should this product be tracked in field service lightning?

Create a return order and relate it to the product

Create a work order and work order line

Create a product request and product request line item

Create return order and return order line item

QUESTION 81
Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
How do you accomplish this?

Turn off merge matchinglines in the journal line rule.

Turn off the summarize flag in the journal line rule.

Write a custom report.

Turn on detailed posting for GL in the ledger setup.

Extract distribution accounting entries.

QUESTION 82
Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a businessunit?

Accrual Supplier Liability Report

Accrual Reconciliation Report

Accrual Clearing Report

Uninvoiced Receipt Accrual Report

Receipt Accounting Real Time Report

QUESTION 83
Identify two purposes of Subledger Accounting.

to maintain backward compatibility

to obtain detailed information for audit purposes since all sub ledger accounting is at the detail level

to calculate costs for transactions

to create accounting strings that can be viewedand corrected just before they are transferred to the General Ledger

to centralize accounting string generation across all modules

QUESTION 84
You have made some changes to your subledger accounting setups for Costing and want to verify that the journal entries are showing up correctly.
How can you generate a report that allowsyou to see the subledger journal entries for transactions without actually transferring to the General Ledger?

Run the Create Accounting for Costing process with the following parameters: * Accounting Mode = Draft * Report Style = Detail* Transfer to General Ledger = No * Post in General Ledger = No

Run the Transfer Transactions from Inventory to Costing process with the following parameters: * Accounting Mode = Draft * Report Style = Detail * Transfer to General Ledger = No * Post in General Ledger= No

Run the Create Cost Accounting Distribution process with the following parameters: * Accounting Mode = Draft * Report Style = Detail * Transfer to General Ledger = No * Post in General Ledger = No

Run the Create Cost Accounting Distribution process with the following parameters: * Accounting Mode = Final * Report Style = No report* Transfer to General Ledger = No* Post in General Ledger = No

Run the Create Accounting for Costing process with the following parameters: * Accounting Mode = Final* Report Style = No report* Transfer to General Ledger = No* Post in General Ledger = No

QUESTION 85
An agent has to create a Work Order for a complex installation. A Work Order Line Item is created for each required component so it can be tracked and priced separately. However, a few of the components are only on the company’s Preferred Price Book while the others are on the U.S. Price Book.
Which solution should a Consultant recommend so the agent can meet this requirement?

Create one Work Order and override the price on Work Order Line Items for products on the Preferred Price Book.

Create one Work Order for each Price Book and add Work Order Line Items to the appropriate Work Order based on its Price Book.

Create one Work Order for each Price Book and use Work Types to assign the Price Book to each Work Order Line Item.

Create one Work Order and add Work Order Line Items based on the Price Book selected on the Work Type.

QUESTION 86
Select the two valid relationships between subledger components.

Theaccounting method holds the accounting rules by Event Class and Event Type.

The journal lines hold the journal entry rule sets.

The accounting method groups journal entry rule sets by Event Class and Event Type.

Journal entry rules are used to hold accounting rules.

Journal entry rule sets hold journal rules and accounting rules.

QUESTION 87
Your client would like to accrue expense items at period end. What subledger journal entry rule set must be created in order for the expense accrual Journal entries to be successfully generated?

Event Class: Expense Accrual Event Type: Expense Accrual

Event Class: Period End Accrual Event Type: Period End Accrual

Event Class: Expense AccrualEvent Type: Period End Accrual

Event Class: Purchase Order Price Adjustment Event Type: Period End Accrual

Event Class: Purchase Order Price Adjustment Event Type: Expense Accrual

Oracle 1z0-1074-22 Exam Syllabus Topics:

Topic	Details
Topic 1	Explain the relationships of Subledger Components Describe the Receipt Accounting Work Area
Topic 2	Explain Common Inventory Configurations Managerial Accounting Overview Manage Daily Cost Accounting tasks
Topic 3	Analyze and resolve errors and exceptions Describe the Landed Cost Work Area
Topic 4	Manage Project enabled Work Orders Receipt Accounting processes
Topic 5	Manage Charge Names, Referance types & Routes Describe the Cost Accounting Work Area
Topic 6	Explain Common Projects Enabled SCM Configurations Describe the purpose of Cost Accounting, Receipt Accounting, and Landed Cost
Topic 7	Explain the Receipt & Cost Accounting Subledger Create a Subledger Journal Entry Rule set
Topic 8	Perform Cost Accounting processes & Reporting Analyze and resolve Standard Cost variances
Topic 9	Explain the Role of Costing Key setups and Cost policies Explain Cost Accounting and how it integrates with other modules