1Z0-1074-20 Questions and Answers

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Oracle Cost Management Cloud 2020 Implementation Essentials: 1Z0-1074-20

Rating: 4.9

Vendor: Oracle

Certifications: Supply Chain Management (SCM)

Exam Name: Oracle Cost Management Cloud 2020 Implementation Essentials

Exam Code: 1Z0-1074-20

Total Questions: 79 Q&As

Last Updated: Aug 05, 2022

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Same Questions from the Latest Real Exam

1Z0-1074-20 Online Practice Questions and Answers

Questions 1

An invoice is created in a foreign currency. The invoice is not paid until several weeks later. By then, the

currency conversion rate has changed.

How do you get the journal line rule to calculate the gain or loss?

A. Create a foreign reporting currency to track gain/loss.

B. Create a secondary ledger to track gain/loss.

C. Turn on the Subledger Gain or Loss Option.

D. Subledger Accounting is already set up to process it.

Show Answer
Questions 2

Your client needs to import the relevant transactions and tax determinants for their expense items into Receipt Accounting. What is the correct sequence of processes to accomplish this?

A. Transfer Transactions from Receiving to Costing, Transfer Costs to Cost Management

B. Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing

C. Transfer Costs to Cost Management, Transfer Transactions from Receiving to Costing

D. Transfer Transactions from Inventory to Costing, Transfer Costs to Cost Management

E. Transfer Transactions from Receiving to Costing, Transfer Transactions from Inventory to Costing

F. Transfer Costs to Cost Management, Transfer Transactions from Inventory to Costing

Show Answer
Questions 3

Your client has accounting rules that need specific customization. Which two options allow them to accomplish this"1

A. Copy and rename predefined subledger journal entry rule sets before modifying them.

B. Use a different journal entry rule set for each ledger with a different accounting convention.

C. The subledger journal entry rule set does not need the same accounting event class as the accounting method.

D. Journal entry rule sets do not require accounting rules.

E. The subledger journal entry rule set does not need the same accounting event type as the accounting method.

Show Answer More Questions

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