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The Oracle Cost Management Cloud 2019 Implementation Essentials certification exam tests the candidate's understanding of the various modules of Oracle Cost Management Cloud, including inventory valuation, cost accounting, and supply chain management. 1Z1-1074 exam also covers the implementation of these modules and the configuration of the system. 1Z1-1074 exam is available for professionals who have experience in implementing Oracle Cost Management Cloud solutions and want to validate their skills and knowledge.
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Oracle 1Z1-1074 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Landed Cost | 10% | - Landed Cost work area - Manage landed cost processes - Define charge names, reference types, and routes |
| Topic 2: 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 |
| Topic 3: Subledger Accounting | 15% | - Analyze and resolve accounting errors/exceptions - Cost accounting and receipt accounting subledger components - Create account rules and journal line rules - Build journal entry rule sets and accounting methods |
| Topic 4: Standard Costs | 15% | - Create standard costs, resource rates, and overhead rates - Manage cost scenarios - Analyze and resolve standard cost variances - Manage rolled-up costs |
| Topic 5: Costing and Inventory Foundations | 5% | - Common inventory configurations for costing - Cost organization and cost books setup |
| Topic 6: Receipt Accounting | 15% | - Perform receipt accounting processes - Configure Accrue on Receipt and Accrue at Period End - Receipt accounting reporting - Receipt Accounting work area |
| Topic 7: Project Enabled Supply Chain | 5% | - Setup project-driven supply chain - Integrate project costing with inventory |
| Topic 8: Managerial Accounting Overview | 15% | - Integration with other Oracle Cloud modules - Key implementation decision points - Purpose of cost accounting, receipt accounting, and landed cost |
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