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Oracle Exam 1Z0-1075-24 Topic 7 Question 14 Discussion

Actual exam question for Oracle's 1Z0-1075-24 exam
Question #: 14
Topic #: 7
[All 1Z0-1075-24 Questions]

In a manufacturing plant, two purchase components, PI and P2, and a resource, Rl, are required to assemble a product. The cost of the assembly is calculated by using the standard costing method. The work definition and resource rates for the assembly have been defined as Required.

A Cost Accountant is estimating cost of the assembly, and analyzing rolled-up costs before finally publishing estimates as frozen standards to Cost Accounting by using a Cost Planning Scenario. While reviewing rolled-up costs, the extended costs of purchase components are not included in a rolled-up scenario.

What is the reason for this?

Show Suggested Answer Hide Answer
Suggested Answer: B

In Oracle Manufacturing Cloud, when performing a cost analysis using Cost Planning Scenarios, all components and resources involved in the assembly must be associated with the material cost plan to be included in the rolled-up cost estimates. The reason the extended costs of purchase components (P1 and P2) are not included in the rolled-up scenario is that:

Purchase components PI and P2 are not associated with the material cost plan of the Cost Planning Scenario. This means that although the components are defined in the system, they haven't been linked to the cost planning scenario, so their costs are not included in the rolled-up calculations.

Incorrect options:

Costs for purchase components PI and P2 are not defined in Cost Accounting (A): While defining costs is necessary, the issue here is the components not being associated with the cost plan.

Create Accounting (C) and Create Accounting Distributions (D) are not relevant to the rolled-up scenario in this context, as they relate to the accounting process, not cost planning.


by Janessa at Jan 12, 2025, 08:25 PM

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Viola
2 months ago
I'm feeling a bit 'pi' about this question. But I think the answer is B. Gotta remember to associate those purchase components, am I right?
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Berry
2 months ago
Ha, classic cost accounting trick question. I bet the answer is B - they probably forgot to link those components to the material cost plan.
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Brittni
2 months ago
This is a tricky one, but I'm leaning towards B. If the purchase components aren't tied to the cost plan, that would explain why they're not included in the rolled-up costs.
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Jani
2 months ago
I'm gonna go with D. Looks like they forgot to initiate the Create Accounting Distributions step, so the extended costs aren't showing up.
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Herminia
1 months ago
User2: Absolutely, attention to detail is key in cost accounting processes.
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Vesta
1 months ago
User1: That could definitely be the issue. It's important to make sure all steps are completed for accurate cost analysis.
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Rozella
1 months ago
User2: Yeah, it makes sense. They probably just forgot to initiate Create Accounting Distributions.
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Aracelis
1 months ago
User1: I think you're right, D seems like the reason why the extended costs are not included.
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Felice
2 months ago
Hmm, I think it's B. The purchase components aren't associated with the material cost plan, so they wouldn't be included in the rolled-up costs.
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Audry
9 days ago
Yeah, that seems like the most logical reason. B makes the most sense in this situation.
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Tequila
10 days ago
I think it's more likely that the purchase components just weren't associated with the material cost plan in the Cost Planning Scenario.
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Lisha
14 days ago
Maybe they forgot to initiate Create Accounting Distributions. That could be why the extended costs of purchase components are not included.
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Pa
22 days ago
I agree, B makes sense. The purchase components need to be linked to the material cost plan to be included in the rolled-up costs.
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Nada
2 months ago
Maybe the Cost Accountant forgot to initiate Create Accounting Distributions. That could be the reason why the costs are not included.
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Nikita
2 months ago
I agree with Lindy. Purchase components PI and P2 must not be linked to the Cost Planning Scenario.
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Lindy
3 months ago
I think the reason why the extended costs of purchase components are not included is because they are not associated with the material cost plan.
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