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Exam Content

The examination consists of 70 Questions. Candidates should score 59% to clear the examination.

Formats of Question

  • Multiple Response Multiple-choice questions: Two or More Correct response from the given options best suits the statement or answers the question.
  • Single Response Multiple-choice questions: Only One correct response from the given options best suits the statement or answers the question.

Exam Duration

Candidates will have 120 minutes for attempting 70 questions. So, it becomes important for the candidates to time-box the exam and restrict spending too much time on one question or one topic.

Exam Results

The Oracle 1z0-1024 certification is a pass or fail examination and the candidate has to score a minimum of 59% to be termed as pass in the certification exam.

Candidates will receive an email with the result from Oracle within 30 minutes of completing the Certification exam. Exam results are also available on the CertView web portal and the candidate can visit the portal and login to the CertView account to view the exam results and get further details.

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

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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.

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

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.

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Oracle 1Z1-1024 Exam Syllabus Topics:

SectionObjectives
Topic 1: Cost Accounting Configuration- Subledger Accounting
  • 1. Accounting Rules
  • 2. Journal Entry Rules
- Cost Accounting Setup
  • 1. Cost Components
  • 2. Cost Profiles
  • 3. Cost Elements
Topic 2: Landed Cost Management- Landed Cost Configuration
  • 1. Trade Operations
  • 2. Charge Allocation Methods
- Landed Cost Processing
  • 1. Cost Allocation
  • 2. Landed Cost Adjustments
Topic 3: Costing Foundations- Cost Organizations and Cost Books
  • 1. Cost Organization Structures
  • 2. Cost Books Configuration
- Inventory and Costing Relationships
  • 1. Valuation Units
  • 2. Inventory Organizations
Topic 4: Cost Analysis and Period Close- Cost Processing
  • 1. Cost Processor Execution
  • 2. Create Cost Accounting Distributions
- Period-End Activities
  • 1. Reconciliation and Reporting
  • 2. Cost Accounting Period Close
Topic 5: Receipt Accounting- Period-End Processing
  • 1. Receipt Accounting Adjustments
  • 2. Reconciliation
- Receipt Accounting Processes
  • 1. Accrual Accounting
  • 2. Receipt Transactions
Topic 6: Standard Cost Management- Variance Analysis
  • 1. Material Variances
  • 2. Resource Variances
- Standard Cost Setup
  • 1. Cost Rollup
  • 2. Create and Maintain Standard Costs

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