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

  • Exam Code: 1Z1-1024
  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
  • Updated: Aug 02, 2026
  • Q & A: 80 Questions and Answers

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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.

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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.

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

Oracle 1Z1-1024 Exam Syllabus Topics:

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

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