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

1Z1-1024 Exam Questions
  • Exam Code: 1Z1-1024
  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
  • Updated: Jul 28, 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.

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Oracle 1Z1-1024 exam demo

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.

  • 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

  • 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

  • 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

  • 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

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

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 1Z1-1024 Exam Syllabus Topics:

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

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