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Passing the Oracle 1Z1-1024 certification exam will establish a professional's credibility and expertise in cost management cloud implementation, making them ideal candidates for roles such as implementation consultants, project managers, and system administrators.

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

The Oracle Cost Management Cloud 2018 Implementation Essentials certification exam is intended for IT professionals, financial analysts, consultants, and project managers who are looking to improve their expertise in the field of cost management. 1Z1-1024 exam is based on a comprehensive curriculum and tests the candidate's ability to implement the Oracle Cost Management Cloud 2018 solution in real-world scenarios. Passing this certification exam indicates that a candidate has the skills and knowledge required to implement and maintain the Oracle Cost Management Cloud 2018 solution effectively.

To prepare for the Oracle 1Z1-1024 exam, candidates can take advantage of a variety of resources, including training courses, study guides, and practice exams. Oracle University offers a range of training courses that cover the topics and skills necessary for success on the exam. Additionally, study guides and practice exams are available from a variety of sources, including Oracle and third-party providers.

Oracle 1Z1-1024 Exam Syllabus Topics:

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