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Oracle 1Z1-1074 certification exam is designed for professionals who want to demonstrate their expertise in implementing cost management solutions in the cloud. Oracle Cost Management Cloud 2019 Implementation Essentials certification exam covers various topics, including cloud-based cost accounting, product costing, material costs, and overhead costs. By taking 1Z1-1074 exam, you can demonstrate that you have the knowledge and skills necessary to design and implement cost management solutions using Oracle Cost Management Cloud.
Oracle 1Z1-1074 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Costing and Inventory Foundations | 5% | - Cost organization and cost books setup - Common inventory configurations for costing |
| Subledger Accounting | 15% | - Cost accounting and receipt accounting subledger components - Build journal entry rule sets and accounting methods - Create account rules and journal line rules - Analyze and resolve accounting errors/exceptions |
| Project Enabled Supply Chain | 5% | - Integrate project costing with inventory - Setup project-driven supply chain |
| Standard Costs | 15% | - Analyze and resolve standard cost variances - Manage rolled-up costs - Create standard costs, resource rates, and overhead rates - Manage cost scenarios |
| Cost Accounting | 20% | - Cost Accounting work area - Cost accounting reporting - Costing key setups and cost policies - Run and manage cost accounting processes - Configure costing methods: Standard, Perpetual, Actual |
| Managerial Accounting Overview | 15% | - Key implementation decision points - Purpose of cost accounting, receipt accounting, and landed cost - Integration with other Oracle Cloud modules |
| Landed Cost | 10% | - Define charge names, reference types, and routes - Manage landed cost processes - Landed Cost work area |
| Receipt Accounting | 15% | - Configure Accrue on Receipt and Accrue at Period End - Receipt accounting reporting - Receipt Accounting work area - Perform receipt accounting processes |
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