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The Oracle 1z1-987 exam consists of 70 multiple-choice questions and you will have 105 minutes to complete them. The questions are designed to test your understanding of Oracle Cost Management Cloud 2017, including topics such as master data setup, cost accounting, inventory valuation, and cost rollup. Candidates are required to score at least 64% to pass the exam and obtain certification.
Oracle 1z1-987 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2017 Implementation Essentials |
| Exam Number: | 1Z0-987 |
| Passing Score: | 64% |
| Real Exam Qty: | 70 |
| Certificate Validity Period: | Until Oracle retires this exam version |
| Exam Format: | Multiple Select, Multiple Choice |
| Available Languages: | Japanese, English |
| Related Certifications: | Oracle Supply Chain Management Cloud Oracle Financials Cloud |
| Exam Price: | $245 USD |
| Exam Duration: | 105 minutes |
| Recommended Training: | Oracle Learning Library Oracle Cost Management Cloud 2017 Implementation Training |
| Exam Registration: | Pearson VUE Registration Oracle University Certification Page |
| Sample Questions: | Oracle 1z1-987 Sample Questions |
| Exam Way: | Online proctored or Onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended experience in Oracle Cloud Financials or Supply Chain applications |
| Official Syllabus URL: | https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-987 |
Oracle 1z1-987 (Oracle Cost Management Cloud 2017 Implementation Essentials) Certification Exam is designed for individuals who want to demonstrate their knowledge and skills related to Oracle Cloud Cost Management. 1z1-987 exam is suitable for professionals who work in finance and accounting, IT, and other related fields. Oracle Cost Management Cloud 2017 Implementation Essentials certification exam covers topics such as managing cost accounting, managing inventory, and managing product costing.
Oracle 1z1-987 certification exam is an important certification for IT professionals seeking to validate their skills in implementing and configuring Oracle Cost Management Cloud 2017. Oracle Cost Management Cloud 2017 Implementation Essentials certification provides a globally recognized credential that can help professionals to advance their careers in the field of cloud-based financial management systems. It covers all aspects of implementing and configuring Oracle Cost Management Cloud 2017, providing candidates with the knowledge and skills required to effectively apply the application in their respective organizations.
Oracle 1z1-987 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Cost Analysis and Reporting | 15% | - Generating cost accounting reports - Analyzing inventory valuation and margins - Using Cost Management dashboards |
| Topic 2: Receipt Accounting and Landed Cost | 15% | - Landed Cost configuration and processing - Purpose and functionality of Receipt Accounting - Accounting for purchase receipts and adjustments |
| Topic 3: Cost Processing and Calculations | 20% | - Performing cost rollups and updates - Period close and reconciliation processes - Cost adjustments and corrections - Processing cost accounting transactions |
| Topic 4: Cost Accounting Overview | 15% | - Integration with other Oracle Cloud modules - Managerial Accounting concepts - Key implementation decision points |
| Topic 5: Setting Up Cost Accounting | 20% | - Configuring Cost Elements and Cost Components - Setting up item cost controls - Creating and managing Cost Organizations - Defining Cost Books and Cost Profiles |
| Topic 6: Security, Integration and Maintenance | 15% | - Troubleshooting common cost issues - Defining security access for cost accounting - Integrating with external systems |
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