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Oracle 1Z1-1024 exam is a multiple-choice type of exam, with 60 questions in total. The time allowed to complete the exam is 105 minutes. 1Z1-1024 exam covers topics such as Cost Accounting, Cost Management Solution, Cost Management Reporting and Transactions. 1Z1-1024 exam is available in English and Japanese language versions. To pass the exam, a candidate needs to score at least 60% marks. Oracle Cost Management Cloud 2018 Implementation Essentials certification has a validity period of two years, after which the candidate needs to retake the exam to maintain the certification.
Reference: https://education.oracle.com/oracle-cost-management-cloud-2018-implementation-essentials/pexam_1Z0-1024
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The Oracle 1Z1-1024 exam consists of 80 multiple-choice questions, and candidates are given 105 minutes to complete the test. The questions cover a wide range of topics, including understanding the Oracle Cost Management Cloud architecture, setting up the Cost Management Cloud application, creating cost organizations, running costing processes, and using reporting features to analyze cost data. To pass the exam, candidates must score 64% or higher.
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Oracle 1Z1-1024 exam is an excellent certification for professionals who want to specialize in the area of cost management and have a solid understanding of the Oracle Cloud technology. Oracle Cost Management Cloud 2018 Implementation Essentials certification can help candidates advance their careers and increase their job opportunities in the field of cloud technology.
Oracle 1Z1-1024 Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Receipt Accounting | - Period-End Processing
- 1. Receipt Accounting Adjustments
- 2. Reconciliation
- Receipt Accounting Processes
- 1. Accrual Accounting
- 2. Receipt Transactions
|
| Topic 2: Landed Cost Management | - Landed Cost Processing
- 1. Landed Cost Adjustments
- 2. Cost Allocation
- Landed Cost Configuration
- 1. Trade Operations
- 2. Charge Allocation Methods
|
| Topic 3: Cost Accounting Configuration | - Subledger Accounting
- 1. Accounting Rules
- 2. Journal Entry Rules
- Cost Accounting Setup
- 1. Cost Elements
- 2. Cost Components
- 3. Cost Profiles
|
| Topic 4: Standard Cost Management | - Variance Analysis
- 1. Resource Variances
- 2. Material Variances
- Standard Cost Setup
- 1. Cost Rollup
- 2. Create and Maintain Standard Costs
|
| Topic 5: Cost Analysis and Period Close | - Cost Processing
- 1. Create Cost Accounting Distributions
- 2. Cost Processor Execution
- Period-End Activities
- 1. Cost Accounting Period Close
- 2. Reconciliation and Reporting
|
| Topic 6: Costing Foundations | - Inventory and Costing Relationships
- 1. Valuation Units
- 2. Inventory Organizations
- Cost Organizations and Cost Books
- 1. Cost Organization Structures
- 2. Cost Books Configuration
|