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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.

Aim of the Certificate Exam

The certification exam is designed to help the candidate excel and command his future progression. It is designed to

  • Empower individuals to execute tasks with confidence and skill
  • Differentiate individual in a crowded job market
  • Provide individuals with a mark of excellence that is extremely recognized by the clients and seeks within across the industries

Oracle 1Z1-1024 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Describe Cost Accounting Reporting
  • Manage Landed Cost Reference Types
  • Manage Daily Landed Cost Tasks
Topic 2
  • Perform Cost Accounting Processes
  • Configure Costing Methods (Standard, Perpetual, And Actual)
Topic 3
  • Managerial Accounting Overview
  • Explain The Role Of Costing Key Setups And Cost Policies
Topic 4
  • Explain Cost Accounting And How It Integrates With Other Modules
  • Create Journal Line Rules
Topic 5
  • Configure Landed Cost Management
  • Describe The Cost Accounting Work Area
Topic 6
  • Analyze And Resolve Errors And Exceptions
  • Explain The Cost Accounting Subledger
Topic 7
  • Describe The Landed Cost Work Area
  • Describe Landed Cost Reporting
  • Explain Cost Accounting
Topic 8
  • Create Standard Costs, Resource Rates, And Overhead Rates
  • Describe The Receipt Accounting Work Area
Topic 9
  • Create A Subledger Journal Entry Rule Set
  • Configure Accrue On Receipt
  • Create An Accounting Method

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

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

  • 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

  • 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

  • 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

  • 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

The candidate needs to go through and be proficient in every topic.

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