Oracle 1Z0-1074-23 Quiz 1 Topic 1 Questions 1-5

Question: 1

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?

AEvent Class: Expense Accrual Event Type: Expense Accrual

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

CEvent Class: Expense Accrual Event Type: Period End Accrual

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

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

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Question: 2

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

AManage the Item Cost task.

BImport standard costs from receipt layers.

CManage the Standard Cost task.

DCreate Standard Cost in a spreadsheet.

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Question: 3

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

AInventory

BOrder Management

CPurchasing

DFinancial Orchestration

EShipping

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Question: 4

Your customer has asked you to create a report so they can view their receipt accounting distributions along with their receipt accounting transactions.

Which subject area would you select to create this report?

AReceipt Accounting- Receipt Accounting Distributions Real Time

BReceipt Accounting-- Receipt Accounting Transactions Real Time

CCosting --Receipt Accounting Real Time

DFinancials-Subledger Accounting-Detail Transactions

ECosting-Cost Accounting Real Time

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Question: 5

You have configured the application as follows:

* Expense items are set to accrue at receipt.

* Receipt Close tolerance is set to 75 percent.

* Purchasing Line types are set to 2-way match.

When you create a purchase order, the Accrue on Receipt check box is automatically selected when a line is added.

Which two configurations changes will ensure the Accrue on Receipt check box is not selected by default?

AChange expense items to accrue at period end.

BChange the Purchasing Line types to 4-way match.

CChange inventory items to accrue at period end.

DChange the Purchasing Line types to 3-way match.

EChange the Receipt Close tolerance so it is 100 percent.

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Oracle 1Z0-1074-23 Quiz:1 Topic:1 Questions:1-5