Exam Name: Oracle Cost Management Cloud 2019 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Cost Management Cloud
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Oracle 1Z1-1074 exam is designed for professionals who are looking to validate their skills and expertise in implementing Oracle Cost Management Cloud 2019. Oracle Cost Management Cloud 2019 Implementation Essentials certification exam tests the candidate's knowledge of the features and functionalities of this cloud-based solution, which helps organizations to manage their costs effectively. It covers topics such as cost accounting, inventory valuation, cost analysis, and cost control.
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Oracle 1Z1-1074 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Subledger Accounting | 15% | - Create account rules and journal line rules - Analyze and resolve accounting errors/exceptions - Build journal entry rule sets and accounting methods - Cost accounting and receipt accounting subledger components |
| Topic 2: Project Enabled Supply Chain | 5% | - Integrate project costing with inventory - Setup project-driven supply chain |
| Topic 3: Receipt Accounting | 15% | - Configure Accrue on Receipt and Accrue at Period End - Receipt Accounting work area - Receipt accounting reporting - Perform receipt accounting processes |
| Topic 4: Costing and Inventory Foundations | 5% | - Common inventory configurations for costing - Cost organization and cost books setup |
| Topic 5: Cost Accounting | 20% | - Cost accounting reporting - Run and manage cost accounting processes - Cost Accounting work area - Costing key setups and cost policies - Configure costing methods: Standard, Perpetual, Actual |
| Topic 6: Managerial Accounting Overview | 15% | - Integration with other Oracle Cloud modules - Purpose of cost accounting, receipt accounting, and landed cost - Key implementation decision points |
| Topic 7: Landed Cost | 10% | - Landed Cost work area - Manage landed cost processes - Define charge names, reference types, and routes |
| Topic 8: Standard Costs | 15% | - Analyze and resolve standard cost variances - Manage rolled-up costs - Manage cost scenarios - Create standard costs, resource rates, and overhead rates |
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