Oracle 1Z1-1024 Exam : Oracle Cost Management Cloud 2018 Implementation Essentials

  • Exam Code: 1Z1-1024
  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
  • Updated: Sep 30, 2026
  • Q & A: 80 Questions and Answers

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About Oracle 1Z1-1024 Exam Questions

Brief Details

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

  • Exam Code: 1z0-1024

  • Duration: 120 minutes

  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials

  • 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

  • Number of Questions: 70 Questions

  • Pass Score: 59%

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

  • Exam type: Multiple Choice Questions

  • 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.

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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

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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.

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Oracle 1Z1-1024 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Overview and Key Concepts15%- Purpose of Cost Accounting, Receipt Accounting, and Landed Cost
- Implementation decision points
- Integration with other Oracle Cloud modules
Topic 2: Standard Costing15%- Create and manage standard costs, resource rates, overhead rates
- Analyze and resolve standard cost variances
- Cost rollup and scenarios
Topic 3: Cost Accounting25%- Configure costing methods: Standard, Perpetual, Actual
- Perform daily cost accounting processes
- Set up cost organizations, cost books, and profiles
- Cost accounting reporting
- Cost Accounting Work Area
Topic 4: Subledger Accounting10%- Troubleshoot accounting errors and exceptions
- Create account rules, journal line rules, accounting methods
- Subledger components and relationships
Topic 5: Landed Cost Management15%- Configure charge names, routes, and reference types
- Manage daily landed cost operations
- Landed Cost Work Area
- Landed cost reporting
Topic 6: Receipt Accounting20%- Receipt Accounting Work Area
- Execute receipt accounting transactions
- Configure accrual: Accrue on receipt, Accrue at period end
- Receipt accounting reporting and reconciliation

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