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

  • Exam Code: 1Z1-1024
  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
  • Updated: Aug 05, 2026
  • Q & A: 80 Questions and Answers

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About Oracle Cost Management Cloud 2018 Implementation Essentials : 1Z1-1024 Exam

Oracle 1Z1-1024 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Configure Cost Accounting Using Quick Setup And
  • Or Manual Setup
  • Create Cost Accounting Key Setups
Topic 2
  • Describe The Purpose Of Cost Accounting, Receipt Accounting, And Landed Cost
Topic 3
  • Create A Subledger Journal Entry Rule Set
  • Configure Accrue On Receipt
  • Create An Accounting Method
Topic 4
  • Create Standard Costs, Resource Rates, And Overhead Rates
  • Describe The Receipt Accounting Work Area
Topic 5
  • Configure Landed Cost Management
  • Describe The Cost Accounting Work Area
Topic 6
  • Perform Cost Accounting Processes
  • Configure Costing Methods (Standard, Perpetual, And Actual)
Topic 7
  • Explain Cost Accounting And How It Integrates With Other Modules
  • Create Journal Line Rules
Topic 8
  • Perform Receipt Accounting Processes
  • Explain The Relationships Of Subledger Components
Topic 9
  • Analyze And Resolve Errors And Exceptions
  • Explain The Cost Accounting Subledger
Topic 10
  • Describe The Landed Cost Work Area
  • Describe Landed Cost Reporting
  • Explain Cost Accounting
Topic 11
  • Explain The Receipt Accounting Subledger
  • Describe Receipt Accounting Reporting
Topic 12
  • Manage Daily Receipt Accounting Tasks
  • Analyze And Resolve Standard Cost Variances
Topic 13
  • Explain Key Implementation Decision Points
  • Manage Daily Cost Accounting Tasks

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

Aim of the Certificate Exam

The certification exam is designed to help the candidate excel and command his future progression. It is designed to

  • Empower individuals to execute tasks with confidence and skill
  • Differentiate individual in a crowded job market
  • Provide individuals with a mark of excellence that is extremely recognized by the clients and seeks within across the industries

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Exam Content

The examination consists of 70 Questions. Candidates should score 59% to clear the examination.

Formats of Question

  • Multiple Response Multiple-choice questions: Two or More Correct response from the given options best suits the statement or answers the question.
  • Single Response Multiple-choice questions: Only One correct response from the given options best suits the statement or answers the question.

Exam Duration

Candidates will have 120 minutes for attempting 70 questions. So, it becomes important for the candidates to time-box the exam and restrict spending too much time on one question or one topic.

Exam Results

The Oracle 1z0-1024 certification is a pass or fail examination and the candidate has to score a minimum of 59% to be termed as pass in the certification exam.

Candidates will receive an email with the result from Oracle within 30 minutes of completing the Certification exam. Exam results are also available on the CertView web portal and the candidate can visit the portal and login to the CertView account to view the exam results and get further details.

Target Audience

The Oracle 1z0-1024 Certification Exam is targeted to the candidates having experience in inventory management cloud technology and want to set their career progression as Oracle Cost Management Cloud 2018 Certified Implementation Specialist (OCS).

Note: Oracle prohibits nationals of the embargoed territories of Cuba, Iran, North Korea, Syria, and Sudan from taking any Oracle test or from becoming certified.

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