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Exam Code: 1Z1-1074
Exam Name: Oracle Cost Management Cloud 2019 Implementation Essentials
Updated: Aug 26, 2026
Q & A: 80 Questions and Answers
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Oracle 1Z1-1074 certification exam is a widely recognized certification in the field of cost management and accounting. It is considered a valuable addition to a professional's resume and can help them advance their career in this field. Oracle Cost Management Cloud 2019 Implementation Essentials certification exam is also an opportunity for professionals to showcase their skills and knowledge of the Oracle Cost Management Cloud solution.
Oracle 1Z1-1074 exam, also known as the Oracle Cost Management Cloud 2019 Implementation Essentials exam, is designed for individuals who want to demonstrate their expertise in implementing Oracle Cost Management Cloud solutions. Oracle Cost Management Cloud 2019 Implementation Essentials certification exam measures the candidate's ability to configure and implement the Oracle Cost Management Cloud solutions effectively, efficiently, and accurately. 1Z1-1074 exam covers a wide range of topics, including cost accounting, material transactions, inventory valuation, cost accounting periods, and cost organization structures.
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Candidates who pass the Oracle 1Z1-1074 Exam will be recognized as experts in implementing Oracle Cost Management Cloud solutions. They will be able to demonstrate their knowledge of key concepts such as cost accounting, cost management, inventory valuation, and cost analysis. Oracle Cost Management Cloud 2019 Implementation Essentials certification can help professionals advance their careers in cost management, supply chain management, and financial management, and can also enhance their credibility with clients and employers.
| Section | Weight | Objectives |
|---|---|---|
| Managerial Accounting Overview | 15% | - Purpose of cost accounting, receipt accounting, and landed cost - Integration with other Oracle Cloud modules - Key implementation decision points |
| Costing and Inventory Foundations | 5% | - Common inventory configurations for costing - Cost organization and cost books setup |
| Cost Accounting | 20% | - Cost accounting reporting - Configure costing methods: Standard, Perpetual, Actual - Cost Accounting work area - Costing key setups and cost policies - Run and manage cost accounting processes |
| Project Enabled Supply Chain | 5% | - Setup project-driven supply chain - Integrate project costing with inventory |
| Standard Costs | 15% | - Manage cost scenarios - Analyze and resolve standard cost variances - Manage rolled-up costs - Create standard costs, resource rates, and overhead rates |
| Subledger Accounting | 15% | - Create account rules and journal line rules - Build journal entry rule sets and accounting methods - Cost accounting and receipt accounting subledger components - Analyze and resolve accounting errors/exceptions |
| Landed Cost | 10% | - Define charge names, reference types, and routes - Landed Cost work area - Manage landed cost processes |
| Receipt Accounting | 15% | - Receipt Accounting work area - Perform receipt accounting processes - Configure Accrue on Receipt and Accrue at Period End - Receipt accounting reporting |
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