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Updated: Jul 31, 2026

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Oracle 1Z1-1024 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Cost Management Cloud 2018 Implementation Essentials
Exam Number:1Z0-1024
Related Certifications:Oracle Financials Cloud
Oracle Supply Chain Management Cloud
Certificate Validity Period:18 months from date earned
Exam Price:$245 USD
Passing Score:59%
Exam Format:Multiple Choice, Multiple Response
Real Exam Qty:70
Exam Duration:120 minutes
Available Languages:English
Recommended Training:Oracle Cost Management Cloud Implementation Training
Exam Registration:Oracle Education Registration
Pearson VUE
Sample Questions:Oracle 1Z1-1024 Sample Questions
Exam Way:Online proctored or Onsite at Pearson VUE authorized centers
Pre Condition:No mandatory prerequisites; recommended implementation experience with Oracle SCM Cloud and Financials Cloud
Official Syllabus URL:https://education.oracle.com/oracle-cost-management-cloud-2018-implementation-essentials/pexam_1Z0-1024

Oracle 1Z1-1024 exam is designed for individuals who are interested in implementing the Oracle Cost Management Cloud 2018 solution. Oracle Cost Management Cloud 2018 Implementation Essentials certification exam is intended for professionals who have a solid understanding of the Oracle Cloud technology and are looking to specialize in the area of cost management. 1Z1-1024 exam is intended for both technical and non-technical professionals, as it tests both the technical and functional aspects of the Oracle Cloud solution.

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

Oracle 1Z1-1024 exam consists of 70 multiple-choice questions that test the candidate's knowledge of the Oracle Cost Management Cloud solution. 1Z1-1024 exam is designed to assess the candidate's understanding of the solution's features, functionality, and capabilities, as well as their ability to configure and implement the solution in a real-world environment.

Oracle 1Z1-1024 certification exam is designed to test the knowledge and skills of professionals in the field of cost management. 1Z1-1024 exam is intended for individuals who are seeking to become certified in Oracle Cost Management Cloud 2018 Implementation Essentials. Oracle is a leading provider of cloud-based technology solutions, and this certification is a testament to an individual's ability to implement and manage cost management solutions using Oracle Cloud technology.

Oracle 1Z1-1024 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Landed Cost Management15%- Configure charge names, routes, and reference types
- Landed Cost Work Area
- Landed cost reporting
- Manage daily landed cost operations
Topic 2: Standard Costing15%- Cost rollup and scenarios
- Analyze and resolve standard cost variances
- Create and manage standard costs, resource rates, overhead rates
Topic 3: Receipt Accounting20%- Receipt accounting reporting and reconciliation
- Execute receipt accounting transactions
- Receipt Accounting Work Area
- Configure accrual: Accrue on receipt, Accrue at period end
Topic 4: Overview and Key Concepts15%- Purpose of Cost Accounting, Receipt Accounting, and Landed Cost
- Integration with other Oracle Cloud modules
- Implementation decision points
Topic 5: Subledger Accounting10%- Create account rules, journal line rules, accounting methods
- Subledger components and relationships
- Troubleshoot accounting errors and exceptions
Topic 6: Cost Accounting25%- Cost accounting reporting
- Configure costing methods: Standard, Perpetual, Actual
- Set up cost organizations, cost books, and profiles
- Perform daily cost accounting processes
- Cost Accounting Work Area

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