← Back to exam page

1z0-1074-22 – Oracle Cost Management Cloud 2022 Implementation Professional

Loading demo links...

Showing 7–9 of 10 questions

Question 7

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?

Select an option, then click Submit answer.

  • ○

    Event Class: Expense Accrual Event Type: Expense Accrual
  • ○

    Event Class: Period End Accrual Event Type: Period End Accrual
  • ○

    Event Class: Expense Accrual Event 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
Question 8

At what level can you define item cost profiles?

Select an option, then click Submit answer.

  • ○

    Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
  • ○

    Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
  • ○

    Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
  • ○

    Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.
Question 9

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

Select an option, then click Submit answer.

  • ○

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

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

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

    Journal entry rule sets do not require accounting rules.
  • ○

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