Most IT certification exams cost hundreds of dollars, and a retake doubles the expense along with the lost time. Careful preparation with Oracle Cost Management Cloud 2021 Implementation Essentials on ValidVCE is how serious candidates avoid that second bill.
Oracle 1Z0-1074-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1074-21 |
| Related Certifications: | Oracle Cost Management Cloud 2022 Certified Implementation Professional Oracle Supply Chain Management Cloud |
| Passing Score: | 62% |
| Real Exam Qty: | 55 |
| Exam Price: | USD $245 |
| Certificate Validity Period: | 18 months |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple Select, Multiple Choice |
| Available Languages: | English |
| Recommended Training: | Oracle Cost Management Cloud 2021 Implementation Training |
| Exam Registration: | Oracle University Exam Page Pearson VUE Oracle Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or Onsite at Pearson VUE test centers |
| Pre Condition: | No official prerequisites required |
| Official Syllabus URL: | https://education.oracle.com/oracle-cost-management-cloud-2021-implementation-essentials/pexam_1Z0-1074-21 |
Oracle 1Z0-1074-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Costing and Inventory Foundations | 15% | |
| Topic 2: Managerial Accounting Overview | 10% | |
| Topic 3: Receipt Accounting Overview | 15% | |
| Topic 4: Cost Accounting Overview | 20% | |
| Topic 5: Projects Enabled Supply Chain | 5% | |
| Topic 6: Subledger Accounting | 10% | |
| Topic 7: Standard Costs | 15% | |
| Topic 8: Landed Cost Overview | 10% |
1Z0-1074-21 Exam Questions Answered
If you are purchasing for a company, take all three versions of Oracle Cost Management Cloud 2021 Implementation Essentials, since different employees study differently. If you are buying for yourself, pick the single version that matches your habits: the PDF for printing and writing on paper, the PC test engine for simulation tests with scored feedback, or the APP online engine for cross-platform use with offline support.
1Z0-1074-21 requires 62% to pass, and the official exam fee is USD $245. Remember that a retake means paying that fee again, which is why focused preparation matters.
The 1Z0-1074-21 exam contains 55 questions within 90 minutes minutes. Rehearsing under the same limit on the ValidVCE engine builds calm, automatic pacing.
IT certification exams are not cheap, and failing usually means paying the full fee a second time plus losing the hours you already invested. Serious preparation with Oracle Cost Management Cloud 2021 Implementation Essentials exists precisely to prevent that double cost: study the 80 verified questions well, and you give yourself a strong, realistic chance of passing the 1Z0-1074-21 exam the first time.
Oracle University Exam Page: register for 1Z0-1074-21
Pearson VUE Oracle Registration: register for 1Z0-1074-21
The package includes 80 practice questions for the 1Z0-1074-21 exam, all with verified answers, in PDF, PC test engine, and APP online engine versions.
No official prerequisites required
- Projects Enabled Supply Chain (5%)
- Standard Costs (15%)
- Landed Cost Overview (10%)
Spend your hours where the weights are highest.
Oracle Cost Management Cloud 2021 Implementation Training: Visit official page
Oracle Cost Management Cloud 2021 Implementation Essentials Sample Questions:
Identify four reasons to use the set ID when defining Cost Accounting setups. (Choose four)
- A. You have the option to share setup data across all cost organizations using the common set.
- B. You don't have to create any definitions for cost books.
- C. You can control which definitions are visible to different cost organizations
- D. You can streamline your setup effort.
- E. You can share definitions across multiple cost organizations.
- F. You can take advantage of the business unit-to-set ID mapping defined in Cost Accounting.
Correct Answer: A,D,E,F 🗳️
Identify four characteristics of a cost element.
- A. It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
- B. It is user-defined.
- C. It is the granularity at which costs are tracked and accounted.
- D. It uses date effectivity.
- E. Users can define any number of cost elements.
- F. The mapping of cost components into cost elements is user-defined.
Correct Answer: A,B,D,F 🗳️
You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work area. Why can't you see this process?
- A. This process can only be scheduled and run from the Receipt Accounting work area
- B. Purchase order information should not be imported into Receipt Accounting.
- C. Purchase order information is automatically sent to Receipt Accounting using a real-time method
- D. You do not have the role to import purchase order information into Receipt Accounting.
- E. All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.
Correct Answer: C 🗳️
Which three predefined areas can you review on the Overview page of Cost Accounting? (Choose three.)
- A. Inventory Valuation
- B. Cost Processing
- C. Item CostIdentify two reference types used to tie a receipt trade operation to an expense invoice for landing
- D. Purchase Variance Summary
- E. Work Order Costs
- F. Journal Entries
Correct Answer: A,B,C 🗳️
A chart of accounts (COA) must be specified on the accounting method for which two situations?
- A. When using account combination rules
- B. When using segment rules
- C. When account combination rules use constants
- D. Every accounting method should have a COA.
- E. When using ledgers that have unique accounting requirements
Correct Answer: B,D 🗳️
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