Brief Details
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 Name: Oracle Cost Management Cloud 2018 Implementation Essentials
Exam type: Multiple Choice Questions
Exam Code: 1z0-1024
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
Duration: 120 minutes
Pass Score: 59%
Exam Price: $245 (USD) Price may vary from country and localized currency rates
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
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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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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)
There are two main types of resources for preparation of certification exams first there are the study guides and the books that are detailed and suitable for building knowledge from the ground up then there are video tutorial and lectures that can somehow ease the pain of through study and are comparatively less boring for some candidates yet these demand time and concentration from the learner. Candidates who want to build a solid foundation in all exam topics and related technologies usually combine video lectures with study guides to reap the benefits of both but there is one crucial preparation tool as often overlooked by most candidates the practice exams. Practice exams are built to make students comfortable with the real exam environment. Statistics have shown that most students fail not due to that preparation but due to exam anxiety the fear of the unknown. It is recommended to prepare notes and practice 1z0-1024 Exam exam dumps.
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Oracle Cost Management Cloud 2018 Implementation Essentials
Preparation Guide for Oracle 1z0-1024 Certification Exam
Introduction
The Oracle Cost Management Cloud 2018 Implementation Essentials Certification Exam certifies the candidate has a firm understanding and grasp over inventory management cloud technology. This certificate is also known as Oracle 1Z0-1024 Exam which is a benchmark for experience and expertise recognized by employers across the globe.
Oracle 1Z1-1024 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Standard Costing | 15% | - Cost rollup and scenarios - Create and manage standard costs, resource rates, overhead rates - Analyze and resolve standard cost variances |
| Topic 2: Landed Cost Management | 15% | - Landed cost reporting - Manage daily landed cost operations - Landed Cost Work Area - Configure charge names, routes, and reference types |
| Topic 3: Overview and Key Concepts | 15% | - Purpose of Cost Accounting, Receipt Accounting, and Landed Cost - Integration with other Oracle Cloud modules - Implementation decision points |
| Topic 4: Cost Accounting | 25% | - Set up cost organizations, cost books, and profiles - Cost Accounting Work Area - Perform daily cost accounting processes - Cost accounting reporting - Configure costing methods: Standard, Perpetual, Actual |
| Topic 5: 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 |
| Topic 6: Subledger Accounting | 10% | - Troubleshoot accounting errors and exceptions - Subledger components and relationships - Create account rules, journal line rules, accounting methods |
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