Online Access Free 1Z0-1074 Exam Questions

The process to map the APinvoices to the trade operation charges has completed. Which entity did the application use to do this?

• A.Charge Names
• B.Routes
• C.Trade Operation Template
• D.PreReference Types
• E.Material Receipts

Select two ways to define the standard cost for an item from the Cost Accounting work area.

• A.Manage the Item Cost task.
• B.Manage the Standard Costtask.
• C.Create Standard Cost in a spreadsheet.
• D.Import standard costs from receipt layers.

Which three features are included in Receipt Accounting?

• A.Adjust Receipt Accrual Clearing Balances
• B.Review Item Costs
• C.Analyze Standard Purchase Cost Variances
• D.Create ReceiptAccounting Distribution
• E.Review Journal Entries

Which three tasks can becompleted in the Receipt Accounting work area?

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

Identify the four types of cost adjustments.

• A.When a supplier invoice is processed in accounts payable, it can cause an adjustment to the inventory value and the cost of goods sold if the amounts processed for payment are differentfrom the estimated amount on the purchase order.
• B.A retroactive purchase order price adjustment can cause an adjustment to the inventory value and the cost of goods sold.
• C.Authorized users can manually create cost adjustments.
• D.A revenue recognition event, which in turn triggers a cost of goods sold recognition event, can cause a cost adjustment.
• E.A change to a requisitionafter the purchase order has been created will create a cost adjustment.
• F.A standard cost update will create an inventory value adjustment.