Updated Nov 20, 2022 Verified 1z0-1074-22 dumps Q&As - 100% Pass [Q61-Q75]

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Updated Nov 20, 2022 Verified 1z0-1074-22 dumps Q&As – 100% Pass [Q61-Q75]

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Updated Nov 20, 2022 Verified 1z0-1074-22 dumps Q&As – 100% Pass

New 2022 Latest Questions 1z0-1074-22 Dumps – Use Updated Oracle Exam

NEW QUESTION 61
Your client wants to set up some of their items as expense items and then enable them to be accrued at period end for one of their business units.
Which two configurations will support this request?

Product Information Item > Search and select item >Specifications > Manufacturing > Verify that Inventory Asset Value is set to “No”.

Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals
> Set Accrue Expense Items to Period End.

Configure ProcurementBusiness Function > Select the business unit > Set Select Receipt Close Point to Accrue at Period End.

Product Information Item > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to “Yes”.

Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.

Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals
> Set Accrue Expense Items toAt Receipt.

NEW QUESTION 62
Which four statements describe what is unique about Cost Accounting for items received into inventory as consigned?

Consigned items cannot appear on inventory reports with information about the eventual value of the consigned item.

There is no difference between owned inventory and consigned inventory.

The liability for a consigned item occurs when there is an ownership event.

A consumption can automatically trigger a momentary ownership transaction before the consumption transaction.

The quantity is tracked in inventory but not as an asset until there is an ownership event

Consigned items can appear on inventory reports with information about the eventual value of the consigned item

NEW QUESTION 63
You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?

Activate its journal entry rule set assignments.

Transfer costs to Cost Management.

Create Accounting.

Transfer transactions from Receiving to Costing.

Execute the Preprocessor.

NEW QUESTION 64
Universal Containers has dispatchers who can set up new territories, define new schedule policies, and control settings on the Gantt chart.
In addition to Field Service Lightning Dispatcher Permissions and the Field Service Lightning Dispatcher License, which permissions should a Consultant assign to the dispatchers’7

Field Service Lightning Mobile License

Field Service Lightning Standard Permissions

Field Service Lightning Admin Permissions

Field Service Lightning Scheduling License

NEW QUESTION 65
Identify three characteristics of cost component to cost element mapping.

You cannot modify, duplicate, or create user-defined costcomponents.

You can only define one cost component to cost element mapping for an installation.

It is one of the attributes you define as part of your cost profile definitions.

It is user-defined.

It lets you define how cost component level costs will map into cost elements.

Explanation
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_9392D04E277B3B45E040D30A68817A96

NEW QUESTION 66
A manager has decided to closethe period by not allowing any new transactions, except for corrections and adjustments, which can happen any time before the period is closed permanently.
Which cost period status will allow the system to perform the transaction?

Open

Closed

Permanently Closed

Never Opened

Close Pending

NEW QUESTION 67
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.

NEW QUESTION 68
You have configured your expense items to accrue at receipt. You have created a few purchase orders and want to verify that the supplier invoices have been created.
Which accounting entries signal this process has taken place?

Debit Charge Account (expense or inventory), Credit ReceivingInspection

Debit Accrued Liability, Credit Accounts Payable

Debit Receiving Inspection, Credit Accrued Liability

Debit Expense, Credit Receiving Inspection

Debit Expense, Credit Expense Accrual

NEW QUESTION 69
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.

NEW QUESTION 70
a dispatcher notice that the crew assigned to a service appointment is missing a skill requirement for the appointment.
How can the dispatcher update the service crew to meet those requirements?

Use the crew management tool to add service resources to the crew.

Create a new service appointment with a different crew.

Update the service crew on the service appointment’s work type.

Edit the service appointment and add a new service resource.

NEW QUESTION 71
Identify the four types of cost adjustments.

A change to a requisition after the purchase order has been created will create a cost adjustment.

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

A standard cost update willcreate an inventory value adjustment.

Authorized users can manually create cost adjustments.

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 different from the estimated amount on the purchase order.

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

NEW QUESTION 72
Identify four features provided by the Review Work Order Costs UI when displaying work order

Scrap Costs

Variable Costs

Output Costs

Incremental Costs

Input Costs

Standard Cost variances

NEW QUESTION 73
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.

NEW QUESTION 74
A technician reported that the travel time calculated between appointments is often two short because job delays throughout the day.
Which setting should a consultant consider to improve travel time accuracy?

Minimum grade, default operating hour

Street level routing, Default travel speed

Travel speed unit, actual travel time

Estimated travel time, minimize travel

NEW QUESTION 75
Universal Containers wants to help their dispatchers determine the length of time a Work Order should last. What should the Consultant implement to help achieve this goal?

Work Types with an Estimated Duration.

Work Orders with Operating Hours.

Work Types with Service Level Agreement.

Operating Hours for Customer Accounts.

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