Online Access Free 1Z0-1074-26 Exam Questions

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

You have an item with two work definitions. One work definition is production priority 1 and named Plan A. Another work definition is production priority 2 and named Plan B. In your cost planning scenario, you have specified the work definition selection criteria as name and then production priority, and you have defined the name as Plan B.

• A.The scenario will choose the work definition that is production priority 1.
• B.While you can have more than one work definition for the same item, the cost scenario has no way to unambiguously select one of them.
• C.The application will use the work definition that is named Plan B.
• D.The cost planning scenario will use both work definitions for the item.
• E.The application will generate an error because there are two work definitions for the same item.

Which two statements are true about Cost Accounting books? (Choose two.)

• A.A cost organization can use secondary books to perform Cost Accounting for different purposes such as currencies, regulatory reporting, or management reporting.
• B.A cost organization has one book that posts to the primary ledger.
• C.Every cost organization must use different book names; they cannot be shared.
• D.Secondary books can post accounting entries into any ledger, including the primary ledger or any secondary ledger.

Which three cost planning tasks can be performed in the Cost Accounting work area?

• A.Analyzing and Comparing Costs
• B.Estimating Standard Costs for Assemblies
• C.Review Item Costs
• D.Manage Resource Rates
• E.Management Cost Accounting Periods
• F.Review Work Order Costs

Which two outcomes can happen in create accounting when an account combination returned is end dated?

• A.An error will always occur.
• B.Suspense accounts cannot be used.
• C.The original account is stored on the journal line.
• D.An alternate account will be used if provided.
• E.The preprocessor will pre-warn about this error.