Online Access Free 1z1-987 Exam Questions

What are the predefined areas that give you visibility into the status of Receipt Accounting, on the overview page in the Receipt Accounting work area?

• A.Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Period Validation Status
• B.Receipt Accounting Processes, Cleared Accruals, Receiving Balances, Receipt Accounting Transactions
• C.Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Period Validation Status
• D.Receipt Accounting Processes, Accrual Schedule, Review Journal Entries, Receipt Accounting Transactions
• E.Receipt Accounting Processes, Accrual Schedule, Receiving Balances, Receipt Accounting Transactions

What are three cost method choices that are available in Cost Accounting?

• A.Period end average cost
• B.Actual cost (FIFO or First In First Out)
• C.Periodic average cost
• D.Perpetual average cost
• E.Actual cost (LIFO or Last In First Out)
• F.Standard cost

You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.
What do you need to do for your receipt to show up?

• A.Run the Clear Receipt Accrual Balances process.
• B.Run the Transactions from Receiving to Costing process.
• C.Run the Transfer Costs from Payables to Cost Management process.
• D.Run the Create Accounting process.
• E.Run the Transactions from Procurement to Costing process.

You can track costs at what granularity level in Cost Accounting for the actual costing method?

• A.Grade, Serial, Group, Lot
• B.Grade, Subinventory, Locator, Serial
• C.Subinventory, Make, Lot, Serial
• D.Subinventory, Lot, Serial, Locator
• E.Subinventory. Lot, Serial, Grade

Your customer wants to run a report to review account balances for both inventory valuation and cost of goods sold.
Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

• A.Inventory Valuation Report
• B.Costing Balances Report
• C.Revenue and COGS Matching Report
• D.COGS Account Balances Report
• E.Inventory Account Balances Report