Oracle Exam 1Z0-1074-21 Topic 6 Question 6 Discussion

Actual exam question for Oracle's 1Z0-1074-21 exam

Question #: 6
Topic #: 6

Which four statements describe what is unique about Cost Accounting for items received into inventory as consigned?

AConsigned items cannot appear on inventory reports with information about the eventual value of the consigned item.

BThere is no difference between owned inventory and consigned inventory.

CThe liability for a consigned item occurs when there is an ownership event.

DA consumption can automatically trigger a momentary ownership transaction before the consumption transaction.

EThe quantity is tracked in inventory but not as an asset until there is an ownership event

FConsigned items can appear on inventory reports with information about the eventual value of the consigned item

Show Suggested Answer

Suggested Answer: A, B, C, F

by Amber at May 05, 2022, 01:49 PM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!