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Oracle Cost Management Cloud 2018 Implementation Essentials : 1Z1-1024

1Z1-1024
  • Exam Code: 1Z1-1024
  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
  • Updated: Aug 05, 2026
  • Q & A: 80 Questions and Answers
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  • PDF Price: $59.99
  • Oracle 1Z1-1024 Value Pack

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About Oracle 1Z1-1024 Exam

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Topics to Cover

Oracle 1z0-1024 Certification Exam is based on the learnings, key topics, and activities encountered during oracle pieces of training and implementations.

Following are the major topics along with the sub-skills, a candidate should cover while preparing for the examination. These topics will give the candidates a clear view of which topics and skills inclusive, one should focus on for the certification.

Note: The list and details are not an all-inclusive content list. Oracle reserves the right to change and update the content (topics and sub-skills) at any point in time.

  • Managerial Accounting Overview Cost Accounting and its integration with different modules Describe the purpose of Cost Accounting, Receipt Accounting, and Landed Cost Explain key implementation decision points

  • Landed Cost Overview Describe the Landed Cost Work Area Explain Landed Cost Configure Landed Cost Management Manage Charge Names Manage Landed Cost Reference types Manage Routes Describe Landed Cost reporting Manage Daily Landed Cost tasks

  • Subledger Accounting Explain the Receipt Accounting Subledger Explain the Cost Accounting Subledger Create Account Rules Create Journal Line Rules Create a Subledger Journal Entry Ruleset Create an Accounting Method Explain the relationships of Subledger Components Analyze and resolve errors and exceptions

  • Receipt Accounting Overview Describe the Receipt Accounting Work Area Explain Receipt Accounting Configure Accrue at period end Configure Accrue on receipt Perform Receipt Accounting processes Describe Receipt Accounting reporting Manage daily Receipt Accounting tasks

  • Standard Costs Manage Cost scenarios Create Standard Costs, Resource Rates, and Overhead Rates Manage rolled up Costs Analyse and resolve Standard Cost variances

  • Cost Accounting Overview Describe the Cost Accounting Work Area Explain Cost Accounting Configure Standard, Perpetual, and Actual costing methods Configure Cost Accounting Create Cost Accounting Key setups Explain Role of Costing Key setups and Cost policies Perform Cost Accounting processes Describe Cost Accounting reporting Manage Daily Cost Accounting tasks

The candidate needs to go through and be proficient in every topic.

High quality questions

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Brief Details

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

  • Duration: 120 minutes

  • 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 Name: Oracle Cost Management Cloud 2018 Implementation Essentials

  • Exam type: Multiple Choice Questions

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

  • Pass Score: 59%

  • 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

  • Number of Questions: 70 Questions

  • Exam Code: 1z0-1024

  • 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.

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

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Oracle 1Z1-1024 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Cost Accounting25%- Set up cost organizations, cost books, and profiles
- Cost Accounting Work Area
- Perform daily cost accounting processes
- Cost accounting reporting
- Configure costing methods: Standard, Perpetual, Actual
Topic 2: Receipt Accounting20%- Receipt accounting reporting and reconciliation
- Configure accrual: Accrue on receipt, Accrue at period end
- Execute receipt accounting transactions
- Receipt Accounting Work Area
Topic 3: Standard Costing15%- Analyze and resolve standard cost variances
- Create and manage standard costs, resource rates, overhead rates
- Cost rollup and scenarios
Topic 4: Overview and Key Concepts15%- Integration with other Oracle Cloud modules
- Implementation decision points
- Purpose of Cost Accounting, Receipt Accounting, and Landed Cost
Topic 5: Landed Cost Management15%- Manage daily landed cost operations
- Landed cost reporting
- Configure charge names, routes, and reference types
- Landed Cost Work Area
Topic 6: Subledger Accounting10%- Troubleshoot accounting errors and exceptions
- Create account rules, journal line rules, accounting methods
- Subledger components and relationships

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