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Oracle 1Z1-1074 exam is designed for professionals who are looking to validate their skills and expertise in implementing Oracle Cost Management Cloud 2019. Oracle Cost Management Cloud 2019 Implementation Essentials certification exam tests the candidate's knowledge of the features and functionalities of this cloud-based solution, which helps organizations to manage their costs effectively. It covers topics such as cost accounting, inventory valuation, cost analysis, and cost control.
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The Oracle Cost Management Cloud 2019 Implementation Essentials certification exam is composed of 70 multiple-choice questions that must be completed within 105 minutes. 1Z1-1074 exam is available in multiple languages, including English, Japanese, and Simplified Chinese. To become certified, candidates must achieve a passing score of 65% or higher. 1Z1-1074 exam fee is $245 USD, and candidates can register for the exam online through the Oracle website. Upon completion of the exam, candidates will receive an Oracle Cost Management Cloud 2019 Implementation Essentials certification, which is valid for two years.
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Oracle 1Z1-1074 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Subledger Accounting | 15% | - Create account rules and journal line rules - Cost accounting and receipt accounting subledger components - Analyze and resolve accounting errors/exceptions - Build journal entry rule sets and accounting methods |
| Standard Costs | 15% | - Manage cost scenarios - Create standard costs, resource rates, and overhead rates - Manage rolled-up costs - Analyze and resolve standard cost variances |
| Cost Accounting | 20% | - Cost accounting reporting - Costing key setups and cost policies - Cost Accounting work area - Configure costing methods: Standard, Perpetual, Actual - Run and manage cost accounting processes |
| Costing and Inventory Foundations | 5% | - Common inventory configurations for costing - Cost organization and cost books setup |
| Receipt Accounting | 15% | - Receipt accounting reporting - Receipt Accounting work area - Perform receipt accounting processes - Configure Accrue on Receipt and Accrue at Period End |
| Managerial Accounting Overview | 15% | - Key implementation decision points - Integration with other Oracle Cloud modules - Purpose of cost accounting, receipt accounting, and landed cost |
| Project Enabled Supply Chain | 5% | - Setup project-driven supply chain - Integrate project costing with inventory |
| Landed Cost | 10% | - Define charge names, reference types, and routes - Landed Cost work area - Manage landed cost processes |
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