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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.
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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.
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Oracle 1Z1-1024 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Standard Costing | 15% | - Analyze and resolve standard cost variances - Cost rollup and scenarios - Create and manage standard costs, resource rates, overhead rates |
| Topic 2: Receipt Accounting | 20% | - Receipt accounting reporting and reconciliation - Configure accrual: Accrue on receipt, Accrue at period end - Execute receipt accounting transactions - Receipt Accounting Work Area |
| Topic 3: Landed Cost Management | 15% | - Landed Cost Work Area - Landed cost reporting - Configure charge names, routes, and reference types - Manage daily landed cost operations |
| Topic 4: Overview and Key Concepts | 15% | - Integration with other Oracle Cloud modules - Purpose of Cost Accounting, Receipt Accounting, and Landed Cost - Implementation decision points |
| Topic 5: Subledger Accounting | 10% | - Create account rules, journal line rules, accounting methods - Subledger components and relationships - Troubleshoot accounting errors and exceptions |
| Topic 6: Cost Accounting | 25% | - Configure costing methods: Standard, Perpetual, Actual - Set up cost organizations, cost books, and profiles - Cost Accounting Work Area - Cost accounting reporting - Perform daily cost accounting processes |


