Oracle Exam 1Z0-1074-23 Topic 1 Question 4 Discussion

Actual exam question for Oracle's 1Z0-1074-23 exam

Question #: 4
Topic #: 1

[All 1Z0-1074-23 Questions]

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

APeriod end average cost

BActual cost (LIFO or Last In First Out)

CPeriodic average cost

DStandard cost

EPerpetual average cost

FActual cost (FIFO or First In First Out)

Show Suggested Answer

Suggested Answer: B, E, F

by Roselle at Mar 17, 2024, 01:04 PM

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Janna

1 years ago

E: I usually go with Period end average cost, Standard cost, and Perpetual average cost in my accounting calculations.

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Martina

1 years ago

D: I prefer using Actual cost (FIFO or First In First Out) as it aligns better with our inventory management strategy.

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Linwood

1 years ago

A: Yes, those options make sense based on the different costing methods used in Cost Accounting.

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Mammie

1 years ago

C: Actual cost (LIFO or Last In First Out), Perpetual average cost, and Standard cost seem like popular choices.

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Gayla

1 years ago

B: I believe it is Periodic average cost, Standard cost, and Perpetual average cost.

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Micaela

1 years ago

A: I think the three cost method choices available in Cost Accounting are Actual cost (LIFO or Last In First Out), Standard cost, and Actual cost (FIFO or First In First Out).

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