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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.
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Questions in the exam are based on official training material provided by Oracle over different official platforms. Also the information in the following pieces of training is the source for the exam. Hence, Candidates should complete the following training courses before appearing for the certification exam.
Candidates should complete one of the below-mentioned pieces of training for the proper understanding of content and topics
There are two main types of resources for preparation of certification exams first there are the study guides and the books that are detailed and suitable for building knowledge from the ground up then there are video tutorial and lectures that can somehow ease the pain of through study and are comparatively less boring for some candidates yet these demand time and concentration from the learner. Candidates who want to build a solid foundation in all exam topics and related technologies usually combine video lectures with study guides to reap the benefits of both but there is one crucial preparation tool as often overlooked by most candidates the practice exams. Practice exams are built to make students comfortable with the real exam environment. Statistics have shown that most students fail not due to that preparation but due to exam anxiety the fear of the unknown. It is recommended to prepare notes and practice 1z0-1024 Exam exam dumps.
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The certification exam is designed to help the candidate excel and command his future progression. It is designed to
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Overview and Key Concepts | 15% | - Purpose of Cost Accounting, Receipt Accounting, and Landed Cost - Integration with other Oracle Cloud modules - Implementation decision points |
| Topic 2: Landed Cost Management | 15% | - Landed cost reporting - Configure charge names, routes, and reference types - Landed Cost Work Area - Manage daily landed cost operations |
| Topic 3: Receipt Accounting | 20% | - Configure accrual: Accrue on receipt, Accrue at period end - Execute receipt accounting transactions - Receipt Accounting Work Area - Receipt accounting reporting and reconciliation |
| Topic 4: Standard Costing | 15% | - Cost rollup and scenarios - Create and manage standard costs, resource rates, overhead rates - Analyze and resolve standard cost variances |
| Topic 5: Subledger Accounting | 10% | - Create account rules, journal line rules, accounting methods - Subledger components and relationships - Troubleshoot accounting errors and exceptions |
| Topic 6: Cost Accounting | 25% | - Perform daily cost accounting processes - Configure costing methods: Standard, Perpetual, Actual - Set up cost organizations, cost books, and profiles - Cost accounting reporting - Cost Accounting Work Area |
Oracle Inventory Cloud 2018 Implementation Essentials
Oracle Inventory Cloud 2017 Implementation Essentials
Oracle Cost Management Cloud 2018 Implementation Essentials
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