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Topics to Cover
Oracle 1z0-1024 Certification Exam is based on the learnings, key topics, and activities encountered during oracle pieces of training and implementations.
Following are the major topics along with the sub-skills, a candidate should cover while preparing for the examination. These topics will give the candidates a clear view of which topics and skills inclusive, one should focus on for the certification.
Note: The list and details are not an all-inclusive content list. Oracle reserves the right to change and update the content (topics and sub-skills) at any point in time.
Managerial Accounting Overview Cost Accounting and its integration with different modules Describe the purpose of Cost Accounting, Receipt Accounting, and Landed Cost Explain key implementation decision points
Cost Accounting Overview Describe the Cost Accounting Work Area Explain Cost Accounting Configure Standard, Perpetual, and Actual costing methods Configure Cost Accounting Create Cost Accounting Key setups Explain Role of Costing Key setups and Cost policies Perform Cost Accounting processes Describe Cost Accounting reporting Manage Daily Cost Accounting tasks
Subledger Accounting Explain the Receipt Accounting Subledger Explain the Cost Accounting Subledger Create Account Rules Create Journal Line Rules Create a Subledger Journal Entry Ruleset Create an Accounting Method Explain the relationships of Subledger Components Analyze and resolve errors and exceptions
Receipt Accounting Overview Describe the Receipt Accounting Work Area Explain Receipt Accounting Configure Accrue at period end Configure Accrue on receipt Perform Receipt Accounting processes Describe Receipt Accounting reporting Manage daily Receipt Accounting tasks
Landed Cost Overview Describe the Landed Cost Work Area Explain Landed Cost Configure Landed Cost Management Manage Charge Names Manage Landed Cost Reference types Manage Routes Describe Landed Cost reporting Manage Daily Landed Cost tasks
Standard Costs Manage Cost scenarios Create Standard Costs, Resource Rates, and Overhead Rates Manage rolled up Costs Analyse and resolve Standard Cost variances
The candidate needs to go through and be proficient in every topic.
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Aim of the Certificate Exam
The certification exam is designed to help the candidate excel and command his future progression. It is designed to
- Differentiate individual in a crowded job market
- 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
Oracle 1Z1-1024 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Subledger Accounting | 10% | - Troubleshoot accounting errors and exceptions - Create account rules, journal line rules, accounting methods - Subledger components and relationships |
| Topic 2: Standard Costing | 15% | - Cost rollup and scenarios - Analyze and resolve standard cost variances - Create and manage standard costs, resource rates, overhead rates |
| Topic 3: Cost Accounting | 25% | - Perform daily cost accounting processes - Set up cost organizations, cost books, and profiles - Cost accounting reporting - Configure costing methods: Standard, Perpetual, Actual - Cost Accounting Work Area |
| Topic 4: Overview and Key Concepts | 15% | - Purpose of Cost Accounting, Receipt Accounting, and Landed Cost - Integration with other Oracle Cloud modules - Implementation decision points |
| Topic 5: Receipt Accounting | 20% | - Receipt Accounting Work Area - Configure accrual: Accrue on receipt, Accrue at period end - Receipt accounting reporting and reconciliation - Execute receipt accounting transactions |
| Topic 6: Landed Cost Management | 15% | - Configure charge names, routes, and reference types - Landed cost reporting - Manage daily landed cost operations - Landed Cost Work Area |
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