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Oracle 1Z1-1024 : Oracle Cost Management Cloud 2018 Implementation Essentials
- Exam Code: 1Z1-1024
- Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials
- Updated: Oct 26, 2026
- Q & A: 80 Questions and Answers
About Oracle 1Z1-1024 Exam
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Oracle 1Z1-1024 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2018 Implementation Essentials |
| Exam Number: | 1Z0-1024 |
| Related Certifications: | Oracle ERP Cloud Certification Oracle Cost Management Cloud Oracle SCM Cloud Certification |
| Passing Score: | 65% |
| Exam Format: | Multiple Response, Multiple Choice |
| Real Exam Qty: | 55-65 |
| Certificate Validity Period: | 2 years |
| Exam Price: | $245 USD |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Recommended Training: | Oracle Cost Management Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Proctored exam delivered via Oracle University testing platform (online or test center via Pearson VUE) |
| Pre Condition: | No formal prerequisites required, but knowledge of Oracle ERP Cloud and supply chain processes is recommended. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-1024 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Inventory and Costing Integration | - Inventory valuation and accounting
|
| Topic 2: Cost Allocation and Distribution | - Cost allocation methods
|
| Topic 3: Cost Management Cloud Setup and Configuration | - Enterprise structures and cost organization setup
|
| Topic 4: Cost Analysis and Reporting | - Cost reports and analytics
|
| Topic 5: Cost Accounting Foundations | - Cost elements and cost components
|
1Z1-1024 Exam FAQ — Timing, Tools, Tenacity
No formal prerequisites required, but knowledge of Oracle ERP Cloud and supply chain processes is recommended. Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
The Oracle Cost Management Cloud 2018 Implementation Essentials exam contains 55-65 to complete within 120 minutes. Timed simulation in the VCETorrent Desktop Test Engine teaches that rhythm before exam day does.
The official Oracle Cost Management Cloud 2018 Implementation Essentials outline defines 5 domains. The leading three are Inventory and Costing Integration, Cost Analysis and Reporting, and Cost Accounting Foundations. The full list is in the topics section above, and VCETorrent's 80 practice questions cover each one.
Proctored exam delivered via Oracle University testing platform (online or test center via Pearson VUE) Register for the Oracle Cost Management Cloud 2018 Implementation Essentials exam through these official channels:
After booking, VCETorrent delivers your practice questions within 1 minute — preparation starts the same day.
The Oracle Cost Management Cloud 2018 Implementation Essentials exam requires 65% to pass, and registration costs $245 USD. A failed attempt means paying the same fee again — a readiness check with the VCETorrent engines before booking is the cheaper option.
The 1Z1-1024 exam is a Oracle certification exam validating the Oracle Cost Management Cloud 2018 Implementation Essentials syllabus shown above. It belongs to these credential paths: Oracle Cost Management Cloud, Oracle ERP Cloud Certification, Oracle SCM Cloud Certification. Candidates in 2026 start with VCETorrent's 80 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.
Oracle recommends these training resources for the Oracle Cost Management Cloud 2018 Implementation Essentials exam:
Follow the training with steady self-testing — the 80 practice questions from VCETorrent help you apply theory and fill any gaps the training leaves.
VCETorrent issues a full refund if you take the Oracle Cost Management Cloud 2018 Implementation Essentials exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.
Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows with customizable simulation and timed modes that works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 80 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
Oracle Cost Management Cloud 2018 Implementation Essentials Sample Questions:
Question #1
You need to simulate and estimate landed cost charges associated with purchase order receipts of material.
What must you create to make this possible?
- A. Routes
- B. Orders
- C. Cost Scenario
- D. Charge Name
- E. Trade Operation
Correct Answer: B 🗳️
Question #2
Which three tasks can be completed in the Receipt Accounting work area?
- A. Review Item Costs
- B. Create Accounting
- C. Review and Approve Item Cost Profiles
- D. Create Receipt Accounting Distributions
- E. Manage Accrual Clearing Rules
- F. Review Cost Accounting Distributions
Correct Answer: D,E,F 🗳️
Question #3
Trade events for physical shipments are interfaced into the Cost Accounting subledger from which module?
- A. Inventory
- B. Purchasing
- C. Shipping
- D. Financial Orchestration
- E. Order Management
Correct Answer: D 🗳️
Question #4
If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?
- A. Rule sets that have a mapping set to convert the accounts
- B. Rule sets assigned to a secondary ledger with a different COA
- C. Rule sets that use the same chart of accounts
- D. Rule sets not associated with any chart of accounts
- E. Rule sets where the accounting rules override the method rule set
Correct Answer: B,E 🗳️
Question #5
You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.
What do you need to do for your receipt to show up?
- A. Run the Clear Receipt Accrual Balances process.
- B. Run the Transactions from Receiving to Costing process.
- C. Run the Transfer Costs from Payables to Cost Management process.
- D. Run the Transactions from Procurement to Costing process.
- E. Run the Create Accounting process.
Correct Answer: D 🗳️
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