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

1Z1-1024

Exam Code: 1Z1-1024

Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials

Updated: Aug 12, 2026

Q&A Number: 80 Q&As

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Exam Preparation

Questions in the exam are based on official training material provided by Oracle over different official platforms. Also the information in the following pieces of training is the source for the exam. Hence, Candidates should complete the following training courses before appearing for the certification exam.

Candidates should complete one of the below-mentioned pieces of training for the proper understanding of content and topics

  • Oracle Supply Chain Management Cloud Learning Subscription (Partners)
  • Oracle Supply Chain Management Cloud Learning Subscription (Individuals & Companies)

There are two main types of resources for preparation of certification exams first there are the study guides and the books that are detailed and suitable for building knowledge from the ground up then there are video tutorial and lectures that can somehow ease the pain of through study and are comparatively less boring for some candidates yet these demand time and concentration from the learner. Candidates who want to build a solid foundation in all exam topics and related technologies usually combine video lectures with study guides to reap the benefits of both but there is one crucial preparation tool as often overlooked by most candidates the practice exams. Practice exams are built to make students comfortable with the real exam environment. Statistics have shown that most students fail not due to that preparation but due to exam anxiety the fear of the unknown. It is recommended to prepare notes and practice 1z0-1024 Exam exam dumps.

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

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

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Oracle 1Z1-1024 Exam Syllabus Topics:

SectionObjectives
Topic 1: Cost Analysis and Reporting- Cost reports and analytics
  • 1. Profitability and margin reporting
    • 2. Cost variance analysis
      Topic 2: Inventory and Costing Integration- Inventory valuation and accounting
      • 1. Transfer and movement cost impacts
        • 2. Receipt accounting and cost updates
          Topic 3: Cost Allocation and Distribution- Cost allocation methods
          • 1. Overhead absorption and burdening
            • 2. Cost pool distribution rules
              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 Management Cloud Setup and Configuration- Enterprise structures and cost organization setup
                  • 1. Cost organization hierarchy setup
                    • 2. Ledger and business unit configuration
                      1Z1-1024 Related Exams
                      1Z1-1023 - Oracle Inventory Cloud 2018 Implementation Essentials
                      1z1-986 - Oracle Inventory Cloud 2017 Implementation Essentials
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                      JD Edwards Financial Management
                      Inventory Management Cloud
                      Global Trade and Transportation Management Cloud
                      Oracle Workforce Management
                      9i DBA
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