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

Exam Code: 1Z1-1024

Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials

Updated: Jul 23, 2026

Q & A: 80 Questions and Answers

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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)

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

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Brief Details

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

Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
Duration: 120 minutes
Pass Score: 59%
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
Exam Price: $245 (USD) Price may vary from country and localized currency rates
Exam type: Multiple Choice Questions
Exam Code: 1z0-1024
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.
Number of Questions: 70 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.

Exam Content

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

Formats of Question

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

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

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