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Following are the quick details related to the 1z0-1024 Certification Exam
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 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 type: Multiple Choice Questions
Exam Price: $245 (USD) Price may vary from country and localized currency rates
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
Pass Score: 59%
Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
Exam Code: 1z0-1024
Number of Questions: 70 Questions
Duration: 120 minutes
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.
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
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
Standard Costs Manage Cost scenarios Create Standard Costs, Resource Rates, and Overhead Rates Manage rolled up Costs Analyse and resolve Standard Cost variances
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
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
The candidate needs to go through and be proficient in every topic.
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 | Objectives |
|---|---|
| Cost Analysis and Reporting | - Cost reports and analytics
|
| Inventory and Costing Integration | - Inventory valuation and accounting
|
| Cost Management Cloud Setup and Configuration | - Enterprise structures and cost organization setup
|
| Cost Accounting Foundations | - Cost elements and cost components
|
| Cost Allocation and Distribution | - Cost allocation methods
|
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