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

1Z1-1024 pass collection

Exam Code: 1Z1-1024

Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials

Updated: Sep 02, 2026

Q & A: 80 Questions and Answers

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

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Exam Preparation

Questions in the exam are based on official training material provided by Oracle over different official platforms. Also the information in the following pieces of training is the source for the exam. Hence, Candidates should complete the following training courses before appearing for the certification exam.

Candidates should complete one of the below-mentioned pieces of training for the proper understanding of content and topics

  • Oracle Supply Chain Management Cloud Learning Subscription (Partners)
  • Oracle Supply Chain Management Cloud Learning Subscription (Individuals & Companies)

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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.

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

Oracle 1Z1-1024 Exam Syllabus Topics:

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

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