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Updated: Sep 22, 2026

No. of Questions: 80 Questions & Answers with Testing Engine

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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
Exam Duration:120 minutes
Real Exam Qty:70
Certificate Validity Period:18 months from date earned
Available Languages:English
Exam Price:$245 USD
Exam Format:Multiple Response, Multiple Choice
Related Certifications:Oracle Supply Chain Management Cloud
Oracle Financials Cloud
Passing Score:59%
Recommended Training:Oracle Cost Management Cloud Implementation Training
Exam Registration:Pearson VUE
Oracle Education Registration
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

Topics to Cover

Oracle 1z0-1024 Certification Exam is based on the learnings, key topics, and activities encountered during oracle pieces of training and implementations.

Following are the major topics along with the sub-skills, a candidate should cover while preparing for the examination. These topics will give the candidates a clear view of which topics and skills inclusive, one should focus on for the certification.

Note: The list and details are not an all-inclusive content list. Oracle reserves the right to change and update the content (topics and sub-skills) at any point in time.

  • Receipt Accounting Overview Describe the Receipt Accounting Work Area Explain Receipt Accounting Configure Accrue at period end Configure Accrue on receipt Perform Receipt Accounting processes Describe Receipt Accounting reporting Manage daily Receipt Accounting tasks

  • Managerial Accounting Overview Cost Accounting and its integration with different modules Describe the purpose of Cost Accounting, Receipt Accounting, and Landed Cost Explain key implementation decision points

  • Cost Accounting Overview Describe the Cost Accounting Work Area Explain Cost Accounting Configure Standard, Perpetual, and Actual costing methods Configure Cost Accounting Create Cost Accounting Key setups Explain Role of Costing Key setups and Cost policies Perform Cost Accounting processes Describe Cost Accounting reporting Manage Daily Cost Accounting tasks

  • Subledger Accounting Explain the Receipt Accounting Subledger Explain the Cost Accounting Subledger Create Account Rules Create Journal Line Rules Create a Subledger Journal Entry Ruleset Create an Accounting Method Explain the relationships of Subledger Components Analyze and resolve errors and exceptions

  • Standard Costs Manage Cost scenarios Create Standard Costs, Resource Rates, and Overhead Rates Manage rolled up Costs Analyse and resolve Standard Cost variances

  • Landed Cost Overview Describe the Landed Cost Work Area Explain Landed Cost Configure Landed Cost Management Manage Charge Names Manage Landed Cost Reference types Manage Routes Describe Landed Cost reporting Manage Daily Landed Cost tasks

The candidate needs to go through and be proficient in every topic.

Oracle 1Z1-1024 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Configure Cost Accounting Using Quick Setup And
  • Or Manual Setup
  • Create Cost Accounting Key Setups
Topic 2
  • Receipt Accounting Overview
  • Explain Receipt Accounting
  • Configure Accrue At Period End
Topic 3
  • Create Standard Costs, Resource Rates, And Overhead Rates
  • Describe The Receipt Accounting Work Area
Topic 4
  • Analyze And Resolve Errors And Exceptions
  • Explain The Cost Accounting Subledger
Topic 5
  • Explain Key Implementation Decision Points
  • Manage Daily Cost Accounting Tasks
Topic 6
  • Explain The Receipt Accounting Subledger
  • Describe Receipt Accounting Reporting
Topic 7
  • Configure Landed Cost Management
  • Describe The Cost Accounting Work Area
Topic 8
  • Perform Cost Accounting Processes
  • Configure Costing Methods (Standard, Perpetual, And Actual)
Topic 9
  • Create A Subledger Journal Entry Rule Set
  • Configure Accrue On Receipt
  • Create An Accounting Method
Topic 10
  • Managerial Accounting Overview
  • Explain The Role Of Costing Key Setups And Cost Policies
Topic 11
  • Describe The Landed Cost Work Area
  • Describe Landed Cost Reporting
  • Explain Cost Accounting
Topic 12
  • Explain Cost Accounting And How It Integrates With Other Modules
  • Create Journal Line Rules
Topic 13
  • Manage Daily Receipt Accounting Tasks
  • Analyze And Resolve Standard Cost Variances
Topic 14
  • Perform Receipt Accounting Processes
  • Explain The Relationships Of Subledger Components
Topic 15
  • Describe Cost Accounting Reporting
  • Manage Landed Cost Reference Types
  • Manage Daily Landed Cost Tasks

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

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