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

Oracle 1Z0-1024 Actual PDF
  • Exam Code: 1Z0-1024
  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
  • Updated: Oct 24, 2026
  • Q & A: 80 Questions and Answers
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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.

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.

  • 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

  • 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

  • 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

  • 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

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

  • 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

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

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

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Scope

This certificate verifies the fundamental knowledge of the candidate in Inventory Management Cloud Technology ensuring if the candidate is skilled enough to manage inventories and cloud technology.

Also Oracle 1z0-1024 certificate ensures the candidate is proficient in practically applying the knowledge gained through pieces of training and practical experience of working within the projects.

Oracle 1Z0-1024 Exam Syllabus Topics:

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

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