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Exam Code: 1Z0-1024
Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
Updated: Jul 27, 2026
Q & A: 80 Questions and Answers
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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.
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| Section | Weight | Objectives |
|---|---|---|
| Landed Cost Management | 15% | - Landed cost reporting - Landed Cost Work Area - Configure charge names, routes, and reference types - Manage daily landed cost operations |
| Receipt Accounting | 20% | - Execute receipt accounting transactions - Receipt accounting reporting and reconciliation - Configure accrual: Accrue on receipt, Accrue at period end - Receipt Accounting Work Area |
| Subledger Accounting | 10% | - Troubleshoot accounting errors and exceptions - Create account rules, journal line rules, accounting methods - Subledger components and relationships |
| Overview and Key Concepts | 15% | - Implementation decision points - Integration with other Oracle Cloud modules - Purpose of Cost Accounting, Receipt Accounting, and Landed Cost |
| Cost Accounting | 25% | - Configure costing methods: Standard, Perpetual, Actual - Cost Accounting Work Area - Set up cost organizations, cost books, and profiles - Cost accounting reporting - Perform daily cost accounting processes |
| Standard Costing | 15% | - Create and manage standard costs, resource rates, overhead rates - Cost rollup and scenarios - Analyze and resolve standard cost variances |
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