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Oracle 1Z1-1074 certification exam is designed for professionals who are interested in validating their knowledge and skills in implementing Oracle Cost Management Cloud. 1Z1-1074 exam is intended for candidates who have a strong understanding of the functionality and capabilities of Oracle Cost Management Cloud 2019, and who are capable of implementing it in different business scenarios.
To pass the Oracle 1Z1-1074 certification exam, candidates must demonstrate a thorough understanding of the Oracle Cost Management Cloud solution. This includes knowledge of the key features and functionalities of the solution, as well as the ability to configure and customize it to meet specific business needs. Candidates must also have experience with implementing and managing the solution in a real-world business environment.
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Oracle 1Z1-1074 certification exam is a valuable asset for professionals seeking to advance their careers in the field of Oracle Cost Management Cloud solutions. Oracle Cost Management Cloud 2019 Implementation Essentials certification validates the candidate's skills and expertise in implementing and configuring Oracle Cost Management Cloud solutions. Oracle Cost Management Cloud 2019 Implementation Essentials certification also demonstrates the candidate's commitment to ongoing professional development and staying up-to-date with the latest technologies and trends in the industry.
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| Section | Weight | Objectives |
|---|---|---|
| Project Enabled Supply Chain | 5% | - Setup project-driven supply chain - Integrate project costing with inventory |
| Managerial Accounting Overview | 15% | - Purpose of cost accounting, receipt accounting, and landed cost - Key implementation decision points - Integration with other Oracle Cloud modules |
| Subledger Accounting | 15% | - Create account rules and journal line rules - Build journal entry rule sets and accounting methods - Analyze and resolve accounting errors/exceptions - Cost accounting and receipt accounting subledger components |
| Receipt Accounting | 15% | - Receipt Accounting work area - Perform receipt accounting processes - Configure Accrue on Receipt and Accrue at Period End - Receipt accounting reporting |
| Landed Cost | 10% | - Landed Cost work area - Define charge names, reference types, and routes - Manage landed cost processes |
| Costing and Inventory Foundations | 5% | - Cost organization and cost books setup - Common inventory configurations for costing |
| Cost Accounting | 20% | - Configure costing methods: Standard, Perpetual, Actual - Cost Accounting work area - Costing key setups and cost policies - Cost accounting reporting - Run and manage cost accounting processes |
| Standard Costs | 15% | - Manage rolled-up costs - Analyze and resolve standard cost variances - Create standard costs, resource rates, and overhead rates - Manage cost scenarios |
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