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Oracle 1Z1-1074 certification exam is an excellent opportunity for professionals who want to demonstrate their expertise in implementing the Oracle Cost Management Cloud solution. 1Z1-1074 exam is designed to validate the candidate's skills and knowledge of the solution, and passing the exam can help professionals advance their career in the field of cost management and accounting.
Oracle 1Z1-1074 certification exam is suitable for professionals who work with Oracle Cost Management Cloud and want to advance their careers in cost management. Oracle Cost Management Cloud 2019 Implementation Essentials certification demonstrates your expertise in implementing cost management solutions using Oracle's cloud-based technology. It's an excellent choice for anyone who wants to enhance their resume and stand out in the job market.
Oracle 1Z1-1074 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Cost Management Cloud 2019 Implementation Essentials |
| Exam Number: | 1Z0-1074 |
| Exam Price: | USD 245 |
| Certificate Validity Period: | 18 months |
| Passing Score: | 64% |
| Available Languages: | English |
| Real Exam Qty: | 55-60 |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple Choice, Scenario-based Questions |
| Related Certifications: | Oracle Cost Management Cloud Implementation Specialist |
| Recommended Training: | Oracle Cost Management Cloud Implementation Training Oracle Learning Subscriptions |
| Exam Registration: | Oracle University Registration Pearson VUE Scheduling |
| Sample Questions: | Oracle 1Z1-1074 Sample Questions |
| Exam Way: | Online proctored or onsite at Pearson VUE authorized test centers |
| Pre Condition: | No mandatory prerequisites recommended; hands-on experience with Oracle SCM Cloud and Cost Management preferred |
| Official Syllabus URL: | https://education.oracle.com/oracle-cost-management-cloud-2019-implementation-essentials/pexam_1Z0-1074 |
Oracle 1Z1-1074 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Standard Costs | 15% | - Analyze and resolve standard cost variances - Manage cost scenarios - Manage rolled-up costs - Create standard costs, resource rates, and overhead rates |
| Topic 2: Costing and Inventory Foundations | 5% | - Cost organization and cost books setup - Common inventory configurations for costing |
| Topic 3: Cost Accounting | 20% | - Cost Accounting work area - Configure costing methods: Standard, Perpetual, Actual - Run and manage cost accounting processes - Cost accounting reporting - Costing key setups and cost policies |
| Topic 4: Project Enabled Supply Chain | 5% | - Setup project-driven supply chain - Integrate project costing with inventory |
| Topic 5: Landed Cost | 10% | - Manage landed cost processes - Landed Cost work area - Define charge names, reference types, and routes |
| Topic 6: Subledger Accounting | 15% | - Build journal entry rule sets and accounting methods - Create account rules and journal line rules - Analyze and resolve accounting errors/exceptions - Cost accounting and receipt accounting subledger components |
| Topic 7: Receipt Accounting | 15% | - Receipt accounting reporting - Perform receipt accounting processes - Configure Accrue on Receipt and Accrue at Period End - Receipt Accounting work area |
| Topic 8: Managerial Accounting Overview | 15% | - Integration with other Oracle Cloud modules - Purpose of cost accounting, receipt accounting, and landed cost - Key implementation decision points |
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