The Oracle Cost Management Cloud 2022 Implementation Professional certification is suitable for professionals who are looking to implement the Oracle Cost Management Cloud solution in their workplace. Oracle Cost Management Cloud is a cloud-based solution that helps organizations in cost management, inventory management, and financial management. The solution is designed to help organizations optimize their costs, reduce wastage, and improve their bottom line.
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Oracle 1z0-1074-22 certification exam is a valuable credential for professionals who work with Oracle Cost Management Cloud applications. It validates their knowledge and skills in implementing and configuring these applications, and demonstrates their commitment to continuous learning and professional development. By earning this certification, professionals can enhance their career prospects and contribute to the success of their organizations.
Earning the Oracle 1z0-1074-22 certification can provide numerous benefits for professionals in the cost management field. It can help them demonstrate their expertise in Oracle Cloud Cost Management, which can lead to greater job opportunities, higher salaries, and increased professional recognition. Additionally, the certification can help individuals stay up-to-date with the latest trends and best practices in cost management, which can help them better serve their organizations and clients.
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Oracle 1z0-1074-22 certification exam is a comprehensive exam that covers a wide range of topics related to Oracle Cost Management Cloud 2022. 1z0-1074-22 exam covers topics such as cost accounting, cost management, cost analysis, and cost planning. It also covers topics such as budgeting, forecasting, standard costing, and actual costing. 1z0-1074-22 exam is designed to test professionals on their ability to apply these concepts in a real-world scenario.
Reference: https://education.oracle.com/oracle-cost-management-cloud-2022-implementation-professional/pexam_1Z0-1074-22
Oracle 1z0-1074-22 Exam Syllabus Topics:
| Section | Weight | Objectives |
| Managerial Accounting Overview | 10% | - Explain key concepts of managerial accounting
- Describe integration with Oracle Cloud modules
|
| Receipt Accounting | 20% | - Execute receipt accounting processes
- Describe Receipt Accounting work area
- Configure accrual at period end
- Manage daily receipt accounting tasks
|
| Projects Enabled Supply Chain | 5% | - Describe project-enabled costing
|
| Landed Cost Management | 10% | - Explain landed cost concepts
- Configure landed cost framework
- Manage charges and routes
|
| Cost Accounting | 25% | - Set up cost accounting structures
- Describe Cost Accounting work area
- Configure costing methods
- Perform cost accounting processes and reporting
|
| Standard Costs | 15% | - Analyze and resolve standard cost variances
- Manage cost scenarios
- Create standard costs and rates
|
| Subledger Accounting | 10% | - Create accounting rules
- Troubleshoot accounting exceptions
- Build subledger accounting methods
|
| Costing & Inventory Foundations | 5% | - Explain inventory configuration
|