Oracle 1z1-987 Q&A - in .pdf
- Exam Code: 1z1-987
- Exam Name: Oracle Cost Management Cloud 2017 Implementation Essentials
- Updated: Oct 15, 2026
- Q & A: 70 Questions and Answers
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Oracle 1z1-987 Q&A - Testing Engine
- Exam Code: 1z1-987
- Exam Name: Oracle Cost Management Cloud 2017 Implementation Essentials
- Updated: Oct 15, 2026
- Q & A: 70 Questions and Answers
- Install on multiple computers for self-paced, at-your-convenience training.
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Oracle 1z1-987 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2017 Implementation Essentials |
| Exam Number: | 1Z0-987 |
| Related Certifications: | Oracle Manufacturing and Supply Chain Cloud certifications Oracle Inventory Management Cloud certifications |
| Exam Duration: | 120 minutes |
| Exam Format: | Scenario-based Questions, Multiple Choice |
| Real Exam Qty: | 55-75 |
| Available Languages: | English |
| Exam Price: | $245 USD |
| Recommended Training: | Oracle Cost Management Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or onsite testing center |
| Pre Condition: | Basic knowledge of Oracle Financials Cloud and Supply Chain Management Cloud is recommended. |
| Official Syllabus URL: | https://education.oracle.com/oracle-certification-exams |
Oracle 1z1-987 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Inventory and Supply Chain Costing | - Supply Chain Cost Flows
|
| Cost Accounting and Costing Methods | - Cost Accounting Processes
|
| Cost Management Cloud Overview | - Setup and Configuration
|
| Cost Analysis and Reporting | - Reporting Tools
|
1z1-987 Exam Questions Answered by TorrentValid
- Cost Accounting and Costing Methods ()
- Inventory and Supply Chain Costing ()
- Cost Management Cloud Overview ()
Oracle Cost Management Cloud 2017 Implementation Essentials Sample Questions:
There are freight charges on an invoice. Which two setups are required to get create accounting to enter a separate accounting line for it?
- A. Sub ledger accounting is set up to accomplish this out-of-the-box.
- B. Account Class must be set to Freight.
- C. Line Type must be set to Freight.
- D. Create a condition for a journal line for freight.
Correct Answer: A,D 🗳️
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 Create Accounting process.
- B. Run the Clear Receipt Accrual Balances process.
- C. Run the Transactions from Procurement to Costing process.
- D. Run the Transactions from Receiving to Costing process.
- E. Run the Transfer Costs from Payables to Cost Management process.
Correct Answer: C 🗳️
A chart of accounts (COA) must be specified on the accounting method for which two situations?
- A. Every accounting method should have a COA.
- B. When using account combination rules
- C. When account combination rules use constants
- D. When using segment rules
- E. When using ledgers that have unique accounting requirements
Correct Answer: A,D 🗳️
Which four steps need to be completed to establish standard costs for a make item?
- A. Run preprocessor.
- B. Publish costs
- C. Export item costs.
- D. Complete cost roll-up.
- E. Create a new cost scenario.
- F. Add standard costs to a cost scenario.
Correct Answer: A,B,C,D 🗳️
Which two things must your customer check daily in order to ensure that all their purchase order transactions from that day have been accounted for in Receipt Accounting Distribution?
- A. Review their audit receipt accrual clearing balances.
- B. Review their journal entries, including their sub-ledger accounting events and class where the charges from the purchase orders are going to be charged to.
- C. Review their accrual balances and clear them.
- D. Review their distributions that show the debit and credit information specific to the Receipt Accounting transaction selected.
- E. Review their Receipt Accounting processes that show whether any processes failed and why.
Correct Answer: B,C 🗳️
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