Online Access Free 1Z0-1074 Exam Questions

Landed Cost Variance Analysis can be performed based on which three dimension combinations?

• A.Item/Business Unit/Route
• B.InventoryOrganization/Landed Cost Charge/Third Party Supplier
• C.Item Category/Material Supplier/Landed Cost Charge
• D.Item Catalog/Inventory Organization/Business Unit
• E.Business Unit/Landed Cost Charge/Cost Organization

When running the Transfer Costs to Cost Management process,where will the primary default source for costs come from and what is the effect?

• A.Receivables invoices; actual cost can be used.
• B.Requisition costs; validated costs can be used.
• C.Payables invoices; invoice price variance can be added to item cost.
• D.Receipt costs; costs include adjustments.
• E.Purchase order costs; item catalog costs can be used.

Identify four reasons to usethe set ID when defining Cost Accounting setups. (Choose four)

• A.You can share definitions across multiple cost organizations.
• B.You can control which definitions are visible to different cost organizations
• C.You can streamline your setup effort.
• D.Youhave the option to share setup data across all cost organizations using the common set.
• E.You don't have to create any definitions for cost books.
• F.You can take advantage of the business unit-to-set ID mapping defined in Cost Accounting.

Which statement is true regarding the cost cutoff date in Cost Accounting?

• A.Transactions with a transaction date after the cost cutoff date will not be processed until the cost cutoffdate is changed to a date that is later than the transaction date.
• B.It only affects whether or not you can process a cost adjustment.
• C.Transactions with a transaction date before the cost cutoff date will not be processed until the cost cutoff date is changed to a date that is before the transaction date.
• D.Transactions with a transaction date after the cost cutoff date will not be processed. These transactions will never be processed in any subsequent cost processor run.

Identify two characteristics of Landed Cost charge names.

• A.You can use multiple currencies within a trade operation for the samecharge name on different lines.
• B.Charge names cannot be used to tie an invoice to a trade operation.
• C.You can modify a charge name until it is associated with a trade operation.
• D.Charge names cannot be associated with a PO schedule.
• E.Duty is a seededcharge name for Landed Cost.