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Last Updated: Jul 28, 2026

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Oracle Cost Management Cloud 2018 Implementation Essentials

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.

Brief Details

Following are the quick details related to the 1z0-1024 Certification Exam

  • Number of Questions: 70 Questions

  • Exam Price: $245 (USD) Price may vary from country and localized currency rates

  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials

  • Exam Code: 1z0-1024

  • 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.

  • Pass Score: 59%

  • 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.

  • 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

  • Duration: 120 minutes

  • Exam type: Multiple Choice Questions

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Scope

This certificate verifies the fundamental knowledge of the candidate in Inventory Management Cloud Technology ensuring if the candidate is skilled enough to manage inventories and cloud technology.

Also Oracle 1z0-1024 certificate ensures the candidate is proficient in practically applying the knowledge gained through pieces of training and practical experience of working within the projects.

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

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Oracle 1Z1-1024 Exam Syllabus Topics:

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