Oracle 1Z1-1024 exam dumps : Oracle Cost Management Cloud 2018 Implementation Essentials

  • Exam Code: 1Z1-1024
  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
  • Updated: Sep 06, 2026     Q & A: 80 Questions and Answers

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Oracle 1Z1-1024 exam is designed around the Oracle Cost Management Cloud technology that builds industry-specific cost models. Oracle Cost Management Cloud 2018 Implementation Essentials certification exam focuses on the practical implementation of Oracle Cost Management Cloud 2018 solution, Cost Accounting, and Analytics. Moreover, the exam aims to validate individual skills regarding how to manage costs, gather information and produce reports in the Oracle Cloud environment.

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The Oracle 1Z1-1024 exam is designed to test your knowledge and skills in implementing and managing Oracle Cost Management Cloud solutions. It consists of multiple-choice questions and is conducted in a proctored environment. 1Z1-1024 exam is not easy, and it requires a lot of preparation and dedication to pass. However, passing the exam can lead to a rewarding career in cost management and financial operations.

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

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.

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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.

Oracle 1Z1-1024 Exam Syllabus Topics:

SectionObjectives
Topic 1: Landed Cost Management- Landed Cost Processing
  • 1. Cost Allocation
  • 2. Landed Cost Adjustments
- Landed Cost Configuration
  • 1. Charge Allocation Methods
  • 2. Trade Operations
Topic 2: 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
Topic 3: Costing Foundations- Inventory and Costing Relationships
  • 1. Valuation Units
  • 2. Inventory Organizations
- Cost Organizations and Cost Books
  • 1. Cost Books Configuration
  • 2. Cost Organization Structures
Topic 4: Standard Cost Management- Variance Analysis
  • 1. Material Variances
  • 2. Resource Variances
- Standard Cost Setup
  • 1. Cost Rollup
  • 2. Create and Maintain Standard Costs
Topic 5: Receipt Accounting- Period-End Processing
  • 1. Reconciliation
  • 2. Receipt Accounting Adjustments
- Receipt Accounting Processes
  • 1. Receipt Transactions
  • 2. Accrual Accounting
Topic 6: Cost Accounting Configuration- Subledger Accounting
  • 1. Journal Entry Rules
  • 2. Accounting Rules
- Cost Accounting Setup
  • 1. Cost Profiles
  • 2. Cost Elements
  • 3. Cost Components

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