Aim of the Certificate Exam
The certification exam is designed to help the candidate excel and command his future progression. It is designed to
- Differentiate individual in a crowded job market
- Empower individuals to execute tasks with confidence and skill
- Provide individuals with a mark of excellence that is extremely recognized by the clients and seeks within across the industries
Oracle Cost Management Cloud 2018 Implementation Essentials
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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Target Audience
The Oracle 1z0-1024 Certification Exam is targeted to the candidates having experience in inventory management cloud technology and want to set their career progression as Oracle Cost Management Cloud 2018 Certified Implementation Specialist (OCS).
Note: Oracle prohibits nationals of the embargoed territories of Cuba, Iran, North Korea, Syria, and Sudan from taking any Oracle test or from becoming certified.
Exam Preparation
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
- Oracle Supply Chain Management Cloud Learning Subscription (Individuals & Companies)
- Oracle Supply Chain Management Cloud Learning Subscription (Partners)
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.
Oracle 1Z1-1024 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Subledger Accounting | 10% | - Subledger components and relationships - Troubleshoot accounting errors and exceptions - Create account rules, journal line rules, accounting methods |
| Topic 2: Cost Accounting | 25% | - Configure costing methods: Standard, Perpetual, Actual - Perform daily cost accounting processes - Cost Accounting Work Area - Cost accounting reporting - Set up cost organizations, cost books, and profiles |
| Topic 3: Receipt Accounting | 20% | - Receipt Accounting Work Area - Configure accrual: Accrue on receipt, Accrue at period end - Execute receipt accounting transactions - Receipt accounting reporting and reconciliation |
| Topic 4: Landed Cost Management | 15% | - Landed Cost Work Area - Manage daily landed cost operations - Configure charge names, routes, and reference types - Landed cost reporting |
| Topic 5: Overview and Key Concepts | 15% | - Implementation decision points - Integration with other Oracle Cloud modules - Purpose of Cost Accounting, Receipt Accounting, and Landed Cost |
| Topic 6: Standard Costing | 15% | - Cost rollup and scenarios - Analyze and resolve standard cost variances - Create and manage standard costs, resource rates, overhead rates |
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