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Exam Code: 1Z1-1024
Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
Updated: Aug 29, 2026
Q & A: 80 Questions and Answers
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The Oracle 1z0-1024 Certification Exam is targeted to the candidates having experience in inventory management cloud technology and want to set their career progression as Oracle Cost Management Cloud 2018 Certified Implementation Specialist (OCS).
Note: Oracle prohibits nationals of the embargoed territories of Cuba, Iran, North Korea, Syria, and Sudan from taking any Oracle test or from becoming certified.
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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.
Number of Questions: 70 Questions
Exam Code: 1z0-1024
Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
Duration: 120 minutes
Exam Price: $245 (USD) Price may vary from country and localized currency rates
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
Exam type: Multiple Choice Questions
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.
Pass Score: 59%
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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.
| Section | Weight | Objectives |
|---|---|---|
| Overview and Key Concepts | 15% | - Implementation decision points - Purpose of Cost Accounting, Receipt Accounting, and Landed Cost - Integration with other Oracle Cloud modules |
| Subledger Accounting | 10% | - Troubleshoot accounting errors and exceptions - Subledger components and relationships - Create account rules, journal line rules, accounting methods |
| Cost Accounting | 25% | - Cost Accounting Work Area - Perform daily cost accounting processes - Cost accounting reporting - Configure costing methods: Standard, Perpetual, Actual - Set up cost organizations, cost books, and profiles |
| Landed Cost Management | 15% | - Landed cost reporting - Landed Cost Work Area - Configure charge names, routes, and reference types - Manage daily landed cost operations |
| Standard Costing | 15% | - Create and manage standard costs, resource rates, overhead rates - Cost rollup and scenarios - Analyze and resolve standard cost variances |
| Receipt Accounting | 20% | - Receipt accounting reporting and reconciliation - Receipt Accounting Work Area - Configure accrual: Accrue on receipt, Accrue at period end - Execute receipt accounting transactions |
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