Exam Name: Oracle Cost Management Cloud 2017 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Cost Management Cloud
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- Total Questions: 70
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Oracle 1z1-987 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2017 Implementation Essentials |
| Exam Number: | 1Z0-987 |
| Related Certifications: | Oracle Cost Management Cloud 2022/2024 Implementation Professional (1Z0-1074-22 / 1Z0-1074-24) Oracle Cost Management Cloud 2019 Implementation Essentials (1Z0-1074) |
| Exam Format: | Multiple Choice |
| Real Exam Qty: | 70 |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Computer-based testing at Pearson VUE or Oracle MyLearn platform |
| Official Syllabus URL: | https://education.oracle.com/exam_test |
Oracle 1z1-987 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Landed Cost Management | - Manage routes and charge names - Configure Landed Cost reference types |
| Topic 2: Standard Costs and Cost Scenarios | - Roll up and publish standard costs - Create and manage cost scenarios - Analyze and resolve cost variances |
| Topic 3: Cost Accounting Concepts | - Cost Accounting work area - Configure costing methods (standard, actual, perpetual) - Cost Organization and Cost Books setup |
| Topic 4: Receipt Accounting | - Receipt Accounting work area - Accrue at receipt vs period end processing - Manage receipt related accounting tasks |
| Topic 5: Subledger Accounting Integration | - Configure accounting methods and rules - Journal line and entry rule sets |
| Topic 6: Introduction to Cost Management Cloud | - Purpose and scope of Cost Management - Integration with other Oracle Cloud SCM modules |
Straight Talk: Oracle 1z1-987 Exam FAQs
The Oracle Cost Management Cloud 2017 Implementation Essentials exam gives you 120 minutes to work through 70 questions. Split that down and each question earns only a narrow slice of the clock — lingering too long on one item borrows time from three others. Build the habit now: run timed, full-length sessions in the Exams4sures test engine until finishing early feels normal on the real 1z1-987 exam.
The 1z1-987 exam is Oracle's official assessment leading to the Oracle Cost Management Cloud certification, which sits at the Implementation Essentials level. It validates job-ready, vendor-recognized skills — the kind employers screen for. It also belongs to a wider certification family that includes Oracle Cost Management Cloud 2019 Implementation Essentials (1Z0-1074), Oracle Cost Management Cloud 2022/2024 Implementation Professional (1Z0-1074-22 / 1Z0-1074-24), so it can anchor a longer credential roadmap.
Delivery takes about a minute: after payment, Exams4sures emails your 1z1-987 download instantly — if nothing arrives within 2 hours, check spam and contact support for an immediate resend. Install it on as many computers as you like. On failure: take the corresponding 1z1-987 exam within 60 days of purchase, and a fail qualifies you for a full refund. File within 2 days after the exam with a scanned enrollment slip and the official Score Report PDF; claims close within 7 days. Excluded are attempts within 3 days of purchase, exams never actually taken, free materials, and expired orders — and the candidate name must match the payer name. Prefer to keep studying? On request we can exchange your product for two free exam products of equal value, and your original purchase keeps its update service.
The Oracle Cost Management Cloud 2017 Implementation Essentials syllabus divides into 6 domains, led by Subledger Accounting Integration, Introduction to Cost Management Cloud, Standard Costs and Cost Scenarios. Heavier domains deserve heavier study time — the complete outline with every domain is listed above on this page.
Yes — a free demo is available for the Oracle Cost Management Cloud 2017 Implementation Essentials product, so you can review the question style and verified answers yourself first. After purchase, 365 days of free updates are included; once the year ends, the update service renews at a 50% discount from your member zone.
Oracle Cost Management Cloud 2017 Implementation Essentials Sample Questions:
Which two types of costs are included in the cost of contract manufactured items?
- A. The cost of Items that the contract manufacturer had to purchase to perform the contract manufacturing service, and the cost of resources used by the contract manufacturer
- B. The cost of items that the original equipment manufacturer (OEM) owns and has provided to the contract manufacturer for use in the process of making the output Items
- C. The cost of the contract manufacturing service Item. This is the price that the contract
- D. Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
- E. The cost of resources consumed at the OEM's factory
Correct Answer: A,B 🗳️
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. Charge Name
- B. Orders
- C. Routes
- D. Cost Scenario
- E. Trade Operation
Correct Answer: B 🗳️
Select two ways to define the standard cost for an item from the Cost Accounting work
- A. Manage the Standard Cost task.
- B. Manage the Item Cost task.
- C. Create Standard Cost in a spreadsheet.
- D. Import standard costs from receipt layers.
Correct Answer: B,C 🗳️
How is the standard cost of a manufactured configured item calculated?
- A. The standard cost is calculated for every possible combination of options under a model
- B. It is based on the actual cost of the work order after it is completed.
- C. The standard cost of a model item is calculated.
- D. It is based on the material and resource requirements of a released work order.
Correct Answer: C 🗳️
If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings?
- A. Refer to the Accounting Event Diagnostic report.
- B. Refer to the Accounting Event Diagnostic log.
E Review errors in the Create Accounting Execution log. - C. Review errors in the Create Accounting Execution report.
- D. Query the transaction from Review Cost Accounting Distributions to see the error message.
Correct Answer: C 🗳️
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