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Brief Details

Following are the quick details related to the 1z0-1024 Certification Exam

  • Duration: 120 minutes

  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials

  • Exam Mode: Online Proctored Exam. Candidates can take the examination from any place at any time as per their convenience. Candidates also have the option to give exams at any of the authorized training centers. Candidates can select the exam mode based on their convenience at the time of registration.

  • Pass Score: 59%

  • Exam type: Multiple Choice Questions

  • Number of Questions: 70 Questions

  • Exam Code: 1z0-1024

  • Exam Price: $245 (USD) Price may vary from country and localized currency rates

  • Exam Voucher: Candidates can purchase the exam vouchers on Oracle Education Portal. Voucher is valid for 6 months from the date of issue and is like a gift voucher which will get forfeited if not used within 6 months.

  • Exam Registration: Candidates willing to appear for the exam have to purchase the exam voucher. Post purchasing the voucher, the candidate can register for the examination on Oracle Education Portal

Reference: https://education.oracle.com/oracle-cost-management-cloud-2018-implementation-essentials/pexam_1Z0-1024

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Target Audience

The Oracle 1z0-1024 Certification Exam is targeted to the candidates having experience in inventory management cloud technology and want to set their career progression as Oracle Cost Management Cloud 2018 Certified Implementation Specialist (OCS).

Note: Oracle prohibits nationals of the embargoed territories of Cuba, Iran, North Korea, Syria, and Sudan from taking any Oracle test or from becoming certified.

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Oracle 1Z1-1024 Exam Syllabus Topics:

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

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