1z0-1074-23 Exam Dumps - Oracle Cost Management Cloud 2023Implementation Essentials

It can help you understand true margins and value added by internal business units through the internal supply chain.

It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.

It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.

It can help you with consolidated financial reporting.

It is only used when you do not need to maintain an arm’s length relationship.

Users can define any number of cost elements.

It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.

It is the granularity at which costs are tracked and accounted.

It is user-defined.

The mapping of cost components into cost elements is user-defined.

It uses date effectivity.

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.

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

Rule sets assigned to a secondary ledger with a different COA

Rule sets that have a mapping set to convert the accounts

Rule sets not associated with any chart of accounts

Rule sets where the accounting rules override the method rule set

Rule sets that use the same chart of accounts

Management Cost Accounting Periods

Analyzing and Comparing Costs

Review Work Order Costs

Estimating Standard Costs for Assemblies

Manage Resource Rates

Review Item Costs

Transfer to Sub ledger Accounting.

Transfer transactions from payables.

Transfer transactions from receiving.

Create distributions.

Assign accruals to purchase order transactions.

Manage the Item Cost task.

Import standard costs from receipt layers.

Manage the Standard Cost task.

Create Standard Cost in a spreadsheet.