Brief Details
Following are the quick details related to the 1z0-1024 Certification Exam
Exam Code: 1z0-1024
Number of Questions: 70 Questions
Exam Price: $245 (USD) Price may vary from country and localized currency rates
Exam Voucher: Candidates can purchase the exam vouchers on Oracle Education Portal. Voucher is valid for 6 months from the date of issue and is like a gift voucher which will get forfeited if not used within 6 months.
Pass Score: 59%
Exam Registration: Candidates willing to appear for the exam have to purchase the exam voucher. Post purchasing the voucher, the candidate can register for the examination on Oracle Education Portal
Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
Exam type: Multiple Choice Questions
Exam Mode: Online Proctored Exam. Candidates can take the examination from any place at any time as per their convenience. Candidates also have the option to give exams at any of the authorized training centers. Candidates can select the exam mode based on their convenience at the time of registration.
Duration: 120 minutes
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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.
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
Standard Costs Manage Cost scenarios Create Standard Costs, Resource Rates, and Overhead Rates Manage rolled up Costs Analyse and resolve Standard Cost variances
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
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
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
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
The candidate needs to go through and be proficient in every topic.
Oracle Cost Management Cloud 2018 Implementation Essentials
Preparation Guide for Oracle 1z0-1024 Certification Exam
Introduction
The Oracle Cost Management Cloud 2018 Implementation Essentials Certification Exam certifies the candidate has a firm understanding and grasp over inventory management cloud technology. This certificate is also known as Oracle 1Z0-1024 Exam which is a benchmark for experience and expertise recognized by employers across the globe.
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Oracle 1Z1-1024 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Cost Accounting | 25% | - Perform daily cost accounting processes - Cost Accounting Work Area - Configure costing methods: Standard, Perpetual, Actual - Cost accounting reporting - Set up cost organizations, cost books, and profiles |
| Overview and Key Concepts | 15% | - Implementation decision points - Purpose of Cost Accounting, Receipt Accounting, and Landed Cost - Integration with other Oracle Cloud modules |
| Landed Cost Management | 15% | - Manage daily landed cost operations - Landed cost reporting - Configure charge names, routes, and reference types - Landed Cost Work Area |
| Receipt Accounting | 20% | - Receipt accounting reporting and reconciliation - Configure accrual: Accrue on receipt, Accrue at period end - Receipt Accounting Work Area - Execute receipt accounting transactions |
| Standard Costing | 15% | - Create and manage standard costs, resource rates, overhead rates - Cost rollup and scenarios - Analyze and resolve standard cost variances |
| Subledger Accounting | 10% | - Subledger components and relationships - Troubleshoot accounting errors and exceptions - Create account rules, journal line rules, accounting methods |
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