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  • Vendor : Oracle
  • Certifications : Inventory Management Cloud
  • Exam Name : Oracle Inventory Cloud 2020 Implementation Essentials
  • Exam Code : 1Z0-1073-21
  • Total Questions : 376 Q&As
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What is VCE Simulator?
VCE Exam Simulator is a test engine designed specifically for certification exam preparation. It allows you to create, edit, and take practice tests in an environment very similar to an actual exam.
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Description

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    NEW QUESTION: 1
    IPS exceptions are created in Adaptive Mode using which of the following parameters?
    A. IPS exceptions are created on a per-user, per-process, per-signature basis
    B. IPS exceptions are created on a per-user, per-process, per-application basis
    C. IPS exceptions are created on a per-user, per-signature basis
    D. IPS exceptions are created on a per-user, per-process basis
    Answer: A

    NEW QUESTION: 2
    On August 31, 1992, Harvey Co. decided to change from the FIFO periodic inventory system to the
    weighted average periodic inventory system. Harvey is on a calendar year basis. The cumulative effect of
    the change is determined:
    A. As of August 31, 1992.
    B. During the eight months ending August 31, 1992, by a weighted average of the purchases.
    C. During 1992 by a weighted average of the purchases.
    D. As of January 1, 1992.
    Answer: D
    Explanation:
    Choice "a" is correct, as of January 1, 1992, the beginning of the year. Rule: The cumulative effect of a
    change in accounting principle equals the difference between retained earnings at the beginning of period
    of the change and what retained earnings would have been if the change was applied to all affected prior
    periods, assuming comparative financial statements are not presented. If comparative statements are
    presented, then beginning retained earnings of the earliest year presented is adjusted for the cumulative
    effect of the change. We are assuming, based on the answer options given, that Harvey is not presenting
    comparative financial statements. Choice "b" is incorrect. The cumulative effect of the change is not
    determined as of the date the decision is made. Choices "c" and "d" are incorrect. The cumulative effect of
    the change is not determined by a weighted average.

    NEW QUESTION: 3

    A. Configuration File
    B. hdblcm.sh File
    C. Signature File
    Answer: B,C


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