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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.
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The examination consists of 70 Questions. Candidates should score 59% to clear the examination.
Formats of 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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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Overview and Key Concepts | 15% | - Purpose of Cost Accounting, Receipt Accounting, and Landed Cost - Implementation decision points - Integration with other Oracle Cloud modules |
| Topic 2: Standard Costing | 15% | - Create and manage standard costs, resource rates, overhead rates - Analyze and resolve standard cost variances - Cost rollup and scenarios |
| Topic 3: Cost Accounting | 25% | - 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 Accounting | 10% | - Troubleshoot accounting errors and exceptions - Create account rules, journal line rules, accounting methods - Subledger components and relationships |
| Topic 5: Landed Cost Management | 15% | - Configure charge names, routes, and reference types - Manage daily landed cost operations - Landed Cost Work Area - Landed cost reporting |
| Topic 6: Receipt Accounting | 20% | - 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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