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Oracle Cost Management Cloud 2018 Implementation Essentials : 1Z0-1024

1Z0-1024

Exam Code: 1Z0-1024

Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials

Updated: Sep 09, 2025

Q & A: 80 Questions and Answers

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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

  • 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

  • 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

  • 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

  • Standard Costs Manage Cost scenarios Create Standard Costs, Resource Rates, and Overhead Rates Manage rolled up Costs Analyse and resolve Standard Cost variances

  • 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.

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.

Scope

This certificate verifies the fundamental knowledge of the candidate in Inventory Management Cloud Technology ensuring if the candidate is skilled enough to manage inventories and cloud technology.

Also Oracle 1z0-1024 certificate ensures the candidate is proficient in practically applying the knowledge gained through pieces of training and practical experience of working within the projects.

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Oracle 1Z0-1024 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Receipt Accounting Overview
  • Explain Receipt Accounting
  • Configure Accrue At Period End
Topic 2
  • Manage Daily Receipt Accounting Tasks
  • Analyze And Resolve Standard Cost Variances
Topic 3
  • Explain Cost Accounting And How It Integrates With Other Modules
  • Create Journal Line Rules
Topic 4
  • Configure Cost Accounting Using Quick Setup And
  • Or Manual Setup
  • Create Cost Accounting Key Setups
Topic 5
  • Managerial Accounting Overview
  • Explain The Role Of Costing Key Setups And Cost Policies
Topic 6
  • Analyze And Resolve Errors And Exceptions
  • Explain The Cost Accounting Subledger
Topic 7
  • Configure Landed Cost Management
  • Describe The Cost Accounting Work Area
Topic 8
  • Create A Subledger Journal Entry Rule Set
  • Configure Accrue On Receipt
  • Create An Accounting Method
Topic 9
  • Describe The Purpose Of Cost Accounting, Receipt Accounting, And Landed Cost
Topic 10
  • Describe Cost Accounting Reporting
  • Manage Landed Cost Reference Types
  • Manage Daily Landed Cost Tasks
Topic 11
  • Describe The Landed Cost Work Area
  • Describe Landed Cost Reporting
  • Explain Cost Accounting
Topic 12
  • Explain Key Implementation Decision Points
  • Manage Daily Cost Accounting Tasks
Topic 13
  • Perform Cost Accounting Processes
  • Configure Costing Methods (Standard, Perpetual, And Actual)
Topic 14
  • Explain The Receipt Accounting Subledger
  • Describe Receipt Accounting Reporting
Topic 15
  • Create Standard Costs, Resource Rates, And Overhead Rates
  • Describe The Receipt Accounting Work Area

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

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1Z0-1024 Related Exams
1Z1-1024 - Oracle Cost Management Cloud 2018 Implementation Essentials
1Z1-1023 - Oracle Inventory Cloud 2018 Implementation Essentials
1z1-986 - Oracle Inventory Cloud 2017 Implementation Essentials
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