1Z1-1024 exam dumps

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  • Exam Code: 1Z1-1024
  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
  • No. of Questions: 80 Questions and Answers
  • Updated: Jul 26, 2026

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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.

  • 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

  • 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

  • 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

  • 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

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

The candidate needs to go through and be proficient in every topic.

Oracle 1Z1-1024 exam, also known as the Oracle Cost Management Cloud 2018 Implementation Essentials exam, is a certification exam designed for professionals who want to validate their knowledge and skills in implementing Oracle Cost Management Cloud solutions. 1Z1-1024 exam is intended for individuals who have experience with Oracle Cloud technology and have a strong understanding of cost management concepts.

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

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Oracle Cost Management Cloud is a software platform that enables organizations to manage their costs in a more strategic manner. The platform provides a range of capabilities, including cost analysis, planning, budgeting, and forecasting. The Oracle Cloud platform also offers advanced reporting and analytics capabilities that enable users to gain insights into their cost structures and identify areas for improvement.

Oracle 1Z1-1024 Certification Exam is designed for individuals who wish to demonstrate their expertise in implementing Oracle Cost Management Cloud 2018 solutions. Oracle Cost Management Cloud 2018 Implementation Essentials certification validates the knowledge and skills required to implement and configure various cost management features of Oracle Cloud. 1Z1-1024 exam covers a wide range of topics, including cost accounting, cost analysis, cost control, and cost planning.

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Oracle 1Z1-1024 Exam Syllabus Topics:

SectionObjectives
Inventory and Costing Integration- Inventory valuation and accounting
  • 1. Transfer and movement cost impacts
    • 2. Receipt accounting and cost updates
      Cost Analysis and Reporting- Cost reports and analytics
      • 1. Profitability and margin reporting
        • 2. Cost variance analysis
          Cost Accounting Foundations- Cost elements and cost components
          • 1. Resource and burden cost structures
            • 2. Material and overhead cost definitions
              Cost Management Cloud Setup and Configuration- Enterprise structures and cost organization setup
              • 1. Ledger and business unit configuration
                • 2. Cost organization hierarchy setup
                  Cost Allocation and Distribution- Cost allocation methods
                  • 1. Cost pool distribution rules
                    • 2. Overhead absorption and burdening

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