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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.

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

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.

Brief Details

Following are the quick details related to the 1z0-1024 Certification Exam

  • Pass Score: 59%

  • Number of Questions: 70 Questions

  • 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 Price: $245 (USD) Price may vary from country and localized currency rates

  • Exam type: Multiple Choice Questions

  • Exam Code: 1z0-1024

  • 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

  • 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.

  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials

Oracle 1Z1-1024 Exam Syllabus Topics:

SectionObjectives
Inventory and Costing Integration- Inventory valuation and accounting
  • 1. Receipt accounting and cost updates
    • 2. Transfer and movement cost impacts
      Cost Accounting Foundations- Cost elements and cost components
      • 1. Resource and burden cost structures
        • 2. Material and overhead cost definitions
          Cost Management Cloud Setup and Configuration- Enterprise structures and cost organization setup
          • 1. Cost organization hierarchy setup
            • 2. Ledger and business unit configuration
              Cost Analysis and Reporting- Cost reports and analytics
              • 1. Profitability and margin reporting
                • 2. Cost variance analysis
                  Cost Allocation and Distribution- Cost allocation methods
                  • 1. Overhead absorption and burdening
                    • 2. Cost pool distribution rules

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