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Brief Details

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

  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials

  • Duration: 120 minutes

  • 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.

  • 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

  • Pass Score: 59%

  • Exam type: Multiple Choice Questions

  • 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.

  • Number of Questions: 70 Questions

  • Exam Code: 1z0-1024

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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.

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

  • 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

  • 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

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

1Z0-1024 learning test was a high quality product revised by hundreds of experts according to the changes in the syllabus and the latest developments in theory and practice, based on historical questions and industry trends. Whether you are a student or an office worker, whether you are a rookie or an experienced veteran with years of experience, 1Z0-1024 guide torrent: Oracle Cost Management Cloud 2018 Implementation Essentials will be your best choice. The main advantages of our study materials include:

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Oracle 1Z0-1024 Exam Syllabus Topics:

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

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