Last Updated: Jul 28, 2026
No. of Questions: 80 Questions & Answers with Testing Engine
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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.
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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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.
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| Section | Weight | Objectives |
|---|---|---|
| Receipt Accounting | 20% | - Receipt Accounting Work Area - Execute receipt accounting transactions - Configure accrual: Accrue on receipt, Accrue at period end - Receipt accounting reporting and reconciliation |
| Standard Costing | 15% | - Cost rollup and scenarios - Analyze and resolve standard cost variances - Create and manage standard costs, resource rates, overhead rates |
| Landed Cost Management | 15% | - Landed Cost Work Area - Manage daily landed cost operations - Configure charge names, routes, and reference types - Landed cost reporting |
| Subledger Accounting | 10% | - Troubleshoot accounting errors and exceptions - Create account rules, journal line rules, accounting methods - Subledger components and relationships |
| Cost Accounting | 25% | - 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 Concepts | 15% | - Implementation decision points - Integration with other Oracle Cloud modules - Purpose of Cost Accounting, Receipt Accounting, and Landed Cost |
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