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Oracle 1Z1-1024 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2018 Implementation Essentials |
| Exam Number: | 1Z0-1024 |
| Real Exam Qty: | 55-65 |
| Exam Price: | $245 USD |
| Related Certifications: | Oracle ERP Cloud Certification Oracle SCM Cloud Certification Oracle Cost Management Cloud |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple Choice, Multiple Response |
| Certificate Validity Period: | 2 years |
| Passing Score: | 65% |
| Recommended Training: | Oracle Cost Management Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Proctored exam delivered via Oracle University testing platform (online or test center via Pearson VUE) |
| Pre Condition: | No formal prerequisites required, but knowledge of Oracle ERP Cloud and supply chain processes is recommended. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-1024 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Cost Allocation and Distribution | - Cost allocation methods
|
| Topic 2: Inventory and Costing Integration | - Inventory valuation and accounting
|
| Topic 3: Cost Accounting Foundations | - Cost elements and cost components
|
| Topic 4: Cost Analysis and Reporting | - Cost reports and analytics
|
| Topic 5: Cost Management Cloud Setup and Configuration | - Enterprise structures and cost organization setup
|
Oracle Cost Management Cloud 2018 Implementation Essentials Exam FAQ — Effective Answers
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120 minutes for 55-65 questions. Fit the atmosphere in advance: timed sessions in the ValidExam online engine make the formal pace feel practiced, not pressured.
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The Oracle Cost Management Cloud 2018 Implementation Essentials is delivered Proctored exam delivered via Oracle University testing platform (online or test center via Pearson VUE) — select whichever arrangement suits you when booking.
The Oracle Cost Management Cloud 2018 Implementation Essentials blueprint spans 5 domains — including Cost Accounting Foundations, Cost Analysis and Reporting, Cost Management Cloud Setup and Configuration. Let the weightings direct your spare-time review; the full outline above lists every subtopic.
Yes — download the free Oracle Cost Management Cloud 2018 Implementation Essentials demo and evaluate the material before paying. Purchases include 365 days of free updates, each new version emailed immediately upon release; renew afterward at 50% off.
No formal prerequisites required, but knowledge of Oracle ERP Cloud and supply chain processes is recommended. Eligibility rules change periodically, so confirm the current requirements on the official page (official 1Z1-1024 exam page) before registering.
Yes:
Courses give you the theory; the 80 practice questions for the Oracle Cost Management Cloud 2018 Implementation Essentials give you the rehearsal — every answer expert-verified.
The Oracle Cost Management Cloud 2018 Implementation Essentials is Oracle's certification exam for Oracle Cost Management Cloud 2018 Implementation Essentials, at the Professional level. It validates job-ready skills, and passing it marks you as a verified professional. Related credentials include Oracle Cost Management Cloud, Oracle ERP Cloud Certification, Oracle SCM Cloud Certification.
$245 USD per attempt, 65% to pass. A retake costs the full fee again — effective preparation with the 80 practice questions for the 1Z1-1024 exam is the economical path.
Oracle Cost Management Cloud 2018 Implementation Essentials Sample Questions:
If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings?
- A. Refer to the Accounting Event Diagnostic report.
- B. Review errors in the Create Accounting Execution report.
- C. Query the transaction from Review Cost Accounting Distributions to see the error message.
- D. Refer to the Accounting Event Diagnostic log.
E Review errors in the Create Accounting Execution log.
Correct Answer: B 🗳️
Your client is using Quick Setup to implement Costing. They have a requirement to track costs for manufacturing overhead. How can you make sure that this requirement is met?
- A. Create the cost in Manage Cost Scenarios.
- B. You can only track costs for Direct Labor and Direct Equipment; this requirement cannot be met.
- C. This requirement will already be met by the default data generated when using Quick Setup.
- D. Complete Quick Setup and then create the user-defined cost using the Manage Cost Component task.
Correct Answer: B 🗳️
Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?
- A. Inventory
- B. Purchasing
- C. Order Management
- D. Shipping
- E. Financial Orchestration
Correct Answer: E 🗳️
You have configured your expense items to accrue at receipt. You have created a few purchase orders and want to verify that the supplier invoices have been created.
Which accounting entries signal this process has taken place?
- A. Debit Accrued Liability, Credit Accounts Payable
- B. Debit Charge Account (expense or inventory), Credit Receiving Inspection
- C. Debit Expense, Credit Receiving Inspection
- D. Debit Expense, Credit Expense Accrual
- E. Debit Receiving Inspection, Credit Accrued Liability
Correct Answer: B 🗳️
Which four predefined costing reports can you use to gather information to review inventory value?
- A. Costing Account Balances Report
- B. COGS and Revenue Matching Report
- C. Cost Accounting Valuation Report
- D. Layer Inventory Valuation Report
- E. Work in Process Inventory Valuation Report
- F. Inventory Valuation Report
- G. In-transit Valuation Report
Correct Answer: A,D,E,G 🗳️
