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Last Updated: Jul 22, 2026

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Scope

This certificate verifies the fundamental knowledge of the candidate in Inventory Management Cloud Technology ensuring if the candidate is skilled enough to manage inventories and cloud technology.

Also Oracle 1z0-1024 certificate ensures the candidate is proficient in practically applying the knowledge gained through pieces of training and practical experience of working within the projects.

Reference: https://education.oracle.com/oracle-cost-management-cloud-2018-implementation-essentials/pexam_1Z0-1024

Exam Content

The examination consists of 70 Questions. Candidates should score 59% to clear the examination.

Formats of Question

  • Multiple Response Multiple-choice questions: Two or More Correct response from the given options best suits the statement or answers the question.
  • Single Response Multiple-choice questions: Only One correct response from the given options best suits the statement or answers the question.

Exam Duration

Candidates will have 120 minutes for attempting 70 questions. So, it becomes important for the candidates to time-box the exam and restrict spending too much time on one question or one topic.

Exam Results

The Oracle 1z0-1024 certification is a pass or fail examination and the candidate has to score a minimum of 59% to be termed as pass in the certification exam.

Candidates will receive an email with the result from Oracle within 30 minutes of completing the Certification exam. Exam results are also available on the CertView web portal and the candidate can visit the portal and login to the CertView account to view the exam results and get further details.

Aim of the Certificate Exam

The certification exam is designed to help the candidate excel and command his future progression. It is designed to

  • Empower individuals to execute tasks with confidence and skill
  • Provide individuals with a mark of excellence that is extremely recognized by the clients and seeks within across the industries
  • Differentiate individual in a crowded job market

Oracle 1Z1-1024 Exam Syllabus Topics:

SectionObjectives
Cost Analysis and Period Close- Cost Processing
  • 1. Create Cost Accounting Distributions
  • 2. Cost Processor Execution
- Period-End Activities
  • 1. Reconciliation and Reporting
  • 2. Cost Accounting Period Close
Cost Accounting Configuration- Cost Accounting Setup
  • 1. Cost Components
  • 2. Cost Elements
  • 3. Cost Profiles
- Subledger Accounting
  • 1. Accounting Rules
  • 2. Journal Entry Rules
Costing Foundations- Inventory and Costing Relationships
  • 1. Valuation Units
  • 2. Inventory Organizations
- Cost Organizations and Cost Books
  • 1. Cost Organization Structures
  • 2. Cost Books Configuration
Landed Cost Management- Landed Cost Processing
  • 1. Cost Allocation
  • 2. Landed Cost Adjustments
- Landed Cost Configuration
  • 1. Charge Allocation Methods
  • 2. Trade Operations
Standard Cost Management- Standard Cost Setup
  • 1. Create and Maintain Standard Costs
  • 2. Cost Rollup
- Variance Analysis
  • 1. Resource Variances
  • 2. Material Variances
Receipt Accounting- Period-End Processing
  • 1. Receipt Accounting Adjustments
  • 2. Reconciliation
- Receipt Accounting Processes
  • 1. Receipt Transactions
  • 2. Accrual Accounting
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