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.
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Oracle 1Z1-1024 Certification Exam is ideal for individuals who have experience working with Oracle’s Cost Management Cloud and want to validate their knowledge and skills. It is also suitable for professionals who want to enhance their career prospects by demonstrating their expertise in this domain. With this certification, individuals can show potential employers that they have the necessary knowledge and skills to implement Oracle Cost Management Cloud 2018 effectively, which can open up new career opportunities and lead to higher salaries.
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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
Oracle 1Z1-1024 Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Cost Management Cloud Setup and Configuration | - Enterprise structures and cost organization setup
- 1. Cost organization hierarchy setup
- 2. Ledger and business unit configuration
|
| Topic 2: Cost Allocation and Distribution | - Cost allocation methods
- 1. Overhead absorption and burdening
- 2. Cost pool distribution rules
|
| Topic 3: Inventory and Costing Integration | - Inventory valuation and accounting
- 1. Receipt accounting and cost updates
- 2. Transfer and movement cost impacts
|
| Topic 4: Cost Accounting Foundations | - Cost elements and cost components
- 1. Material and overhead cost definitions
- 2. Resource and burden cost structures
|
| Topic 5: Cost Analysis and Reporting | - Cost reports and analytics
- 1. Profitability and margin reporting
- 2. Cost variance analysis
|