Online Access Free 1Z0-1074-21 Exam Questions

Select the two valid relationships between subledger components.

• A.The journal lines hold the journal entry rule sets.
• B.The accounting method holds the accounting rules by Event Class and Event Type.
• C.Journal entry rule sets hold journal rules and accounting rules.
• D.Journal entry rules are used to hold accounting rules.
• E.The accounting method groups journal entry rule sets by Event Class and Event Type.

Which predefined report should you use from Oracle Business Intelligence Publisher to manage the balance of accrued supplier liabilities for a business unit?

• A.Accrual Clearing Report
• B.Uninvoiced Receipt Accrual Report
• C.Receipt Accounting Real Time Report
• D.Accrual Supplier Liability Report
• E.Accrual Reconciliation Report

Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
How do you accomplish this?

• A.Write a custom report.
• B.Turn on detailed posting for GL in the ledger setup.
• C.Extract distribution accounting entries.
• D.Turn off the summarize flag in the journal line rule.
• E.Turn off merge matching lines in the journal line rule.

After "Cost Accounting Processor" has processed the physical inventory classification of transactions which transaction types will it process next?

• A.In-transit
• B.Cost of Goods Sold
• C.Overhead
• D.Adjustments
• E.Retro-reprice

Which three tasks can be completed in the Receipt Accounting work area?

• A.Review Cost Accounting Distributions
• B.Review and Approve Item Cost Profiles
• C.Review Item Costs
• D.Create Receipt Accounting Distributions
• E.Create Accounting
• F.Manage Accrual Clearing Rules