Oracle 1z1-987: Oracle Cost Management Cloud 2017 Implementation Essentials is a certification exam designed for professionals who aim to gain expertise in implementing Oracle Cost Management Cloud 2017. 1z1-987 exam measures your skills in configuring, implementing, and managing the life cycle of cost accounting, inventory management, transfer pricing, invoice matching and costing, and allocation of costs among other functions. Oracle Cost Management Cloud 2017 Implementation Essentials certification is a must-have for IT professionals including managers, business analysts, developers, and technical consultants who seek to showcase their knowledge and competency in mastering Oracle Cloud cost management solutions.
To prepare for 1z1-987 exam, candidates can rely on various resources, including instructor-led training, Oracle University e-Learning, and study guides. 1z1-987 exam consists of 85 multiple-choice questions and has a time limit of 120 minutes. Candidates must score a minimum of 67% to pass the exam and receive the Oracle 1z1-987 certification.
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Oracle 1z1-987 certification exam covers all aspects of implementing and configuring Oracle Cost Management Cloud 2017, including inventory, cost accounting, and cost analysis. Oracle Cost Management Cloud 2017 Implementation Essentials certification exam is designed to test the knowledge, skills, and abilities of candidates in effectively implementing the Oracle Cost Management Cloud 2017 application in various organizations. The topics covered in the exam include Oracle Cost Management Cloud architecture, inventory management, cost accounting, cost analysis, and reporting.
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Oracle 1z1-987: Oracle Cost Management Cloud 2017 Implementation Essentials certification exam is a comprehensive examination that validates the skills and knowledge required to implement and manage Oracle Cost Management Cloud successfully. Oracle Cost Management Cloud 2017 Implementation Essentials certification is highly beneficial for individuals involved in Oracle Cost Management Cloud implementation projects and who want to validate their expertise in this field. By preparing well for 1z1-987 exam and successfully passing it, professionals can gain globally recognized Oracle certification and stand out in a highly competitive job market.
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Oracle 1z1-987 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Standard Costs and Cost Scenarios | - Roll up and publish standard costs - Analyze and resolve cost variances - Create and manage cost scenarios |
| Topic 2: Receipt Accounting | - Receipt Accounting work area - Manage receipt related accounting tasks - Accrue at receipt vs period end processing |
| Topic 3: Landed Cost Management | - Manage routes and charge names - Configure Landed Cost reference types |
| Topic 4: Cost Accounting Concepts | - Cost Organization and Cost Books setup - Configure costing methods (standard, actual, perpetual) - Cost Accounting work area |
| Topic 5: Subledger Accounting Integration | - Journal line and entry rule sets - Configure accounting methods and rules |
| Topic 6: Introduction to Cost Management Cloud | - Purpose and scope of Cost Management - Integration with other Oracle Cloud SCM modules |








