Oracle : 1Z1-1024 Questions & Answers

Updated: Nov 08, 2026

No. of Questions: 80 Questions & Answers with Testing Engine

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Target Audience

The Oracle 1z0-1024 Certification Exam is targeted to the candidates having experience in inventory management cloud technology and want to set their career progression as Oracle Cost Management Cloud 2018 Certified Implementation Specialist (OCS).

Note: Oracle prohibits nationals of the embargoed territories of Cuba, Iran, North Korea, Syria, and Sudan from taking any Oracle test or from becoming certified.

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

Brief Details

Following are the quick details related to the 1z0-1024 Certification Exam

  • Exam Registration: Candidates willing to appear for the exam have to purchase the exam voucher. Post purchasing the voucher, the candidate can register for the examination on Oracle Education Portal

  • Pass Score: 59%

  • Exam Name: Oracle Cost Management Cloud 2018 Implementation Essentials

  • Duration: 120 minutes

  • Exam Mode: Online Proctored Exam. Candidates can take the examination from any place at any time as per their convenience. Candidates also have the option to give exams at any of the authorized training centers. Candidates can select the exam mode based on their convenience at the time of registration.

  • Exam Price: $245 (USD) Price may vary from country and localized currency rates

  • Exam type: Multiple Choice Questions

  • Exam Code: 1z0-1024

  • Exam Voucher: Candidates can purchase the exam vouchers on Oracle Education Portal. Voucher is valid for 6 months from the date of issue and is like a gift voucher which will get forfeited if not used within 6 months.

  • Number of Questions: 70 Questions

Oracle 1Z1-1024 Exam Syllabus Topics:

SectionObjectives
Topic 1: Cost Accounting Foundations- Cost elements and cost components
  • 1. Material and overhead cost definitions
    • 2. Resource and burden cost structures
      Topic 2: Inventory and Costing Integration- Inventory valuation and accounting
      • 1. Receipt accounting and cost updates
        • 2. Transfer and movement cost impacts
          Topic 3: Cost Management Cloud Setup and Configuration- Enterprise structures and cost organization setup
          • 1. Ledger and business unit configuration
            • 2. Cost organization hierarchy setup
              Topic 4: Cost Allocation and Distribution- Cost allocation methods
              • 1. Overhead absorption and burdening
                • 2. Cost pool distribution rules
                  Topic 5: Cost Analysis and Reporting- Cost reports and analytics
                  • 1. Cost variance analysis
                    • 2. Profitability and margin reporting

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