Oracle 1Z0-1024 Exam : Oracle Cost Management Cloud 2018 Implementation Essentials

Oracle 1Z0-1024 exam
  • Exam Code: 1Z0-1024
  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
  • Updated: Aug 28, 2026
  • Q & A: 80 Questions and Answers
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Aim of the Certificate Exam

The certification exam is designed to help the candidate excel and command his future progression. It is designed to

  • Provide individuals with a mark of excellence that is extremely recognized by the clients and seeks within across the industries
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Reference: https://education.oracle.com/oracle-cost-management-cloud-2018-implementation-essentials/pexam_1Z0-1024

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Oracle Cost Management Cloud 2018 Implementation Essentials

Preparation Guide for Oracle 1z0-1024 Certification Exam

Introduction

The Oracle Cost Management Cloud 2018 Implementation Essentials Certification Exam certifies the candidate has a firm understanding and grasp over inventory management cloud technology. This certificate is also known as Oracle 1Z0-1024 Exam which is a benchmark for experience and expertise recognized by employers across the globe.

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Exam Content

The examination consists of 70 Questions. Candidates should score 59% to clear the examination.

Formats of Question

  • Multiple Response Multiple-choice questions: Two or More Correct response from the given options best suits the statement or answers the question.
  • Single Response Multiple-choice questions: Only One correct response from the given options best suits the statement or answers the question.

Exam Duration

Candidates will have 120 minutes for attempting 70 questions. So, it becomes important for the candidates to time-box the exam and restrict spending too much time on one question or one topic.

Exam Results

The Oracle 1z0-1024 certification is a pass or fail examination and the candidate has to score a minimum of 59% to be termed as pass in the certification exam.

Candidates will receive an email with the result from Oracle within 30 minutes of completing the Certification exam. Exam results are also available on the CertView web portal and the candidate can visit the portal and login to the CertView account to view the exam results and get further details.

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Oracle 1Z0-1024 Exam Syllabus Topics:

SectionObjectives
Topic 1: Landed Cost Management- Landed Cost Configuration
  • 1. Charge Allocation Methods
  • 2. Trade Operations
- Landed Cost Processing
  • 1. Landed Cost Adjustments
  • 2. Cost Allocation
Topic 2: Cost Analysis and Period Close- Cost Processing
  • 1. Cost Processor Execution
  • 2. Create Cost Accounting Distributions
- Period-End Activities
  • 1. Cost Accounting Period Close
  • 2. Reconciliation and Reporting
Topic 3: Standard Cost Management- Standard Cost Setup
  • 1. Create and Maintain Standard Costs
  • 2. Cost Rollup
- Variance Analysis
  • 1. Material Variances
  • 2. Resource Variances
Topic 4: Cost Accounting Configuration- Subledger Accounting
  • 1. Accounting Rules
  • 2. Journal Entry Rules
- Cost Accounting Setup
  • 1. Cost Profiles
  • 2. Cost Elements
  • 3. Cost Components
Topic 5: Receipt Accounting- Receipt Accounting Processes
  • 1. Receipt Transactions
  • 2. Accrual Accounting
- Period-End Processing
  • 1. Reconciliation
  • 2. Receipt Accounting Adjustments
Topic 6: Costing Foundations- Cost Organizations and Cost Books
  • 1. Cost Organization Structures
  • 2. Cost Books Configuration
- Inventory and Costing Relationships
  • 1. Valuation Units
  • 2. Inventory Organizations

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