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Oracle 1z0-1074-20 exam is a 105-minute long test that consists of 60 multiple-choice questions. 1z0-1074-20 exam is designed to test the candidate's understanding of concepts such as cost accounting, cost management, cost analysis, and cost reporting. Oracle Cost Management Cloud 2020 Implementation Essentials certification exam is intended for professionals who work with Oracle Cloud Cost Management applications and aspire to become certified experts in the field.

Oracle 1z0-1074-20 Exam is relevant to professionals in finance, IT, and supply chain management roles. Individuals who aspire to work as a financial analyst, accountant, business analyst, or financial controller can benefit from this certification. Also, those working as consultants or advisors on cloud-based solutions for cost management can demonstrate their expertise by earning the certification.

Reference: https://education.oracle.com/oracle-cost-management-cloud-2020-implementation-essentials/pexam_1Z0-1074-20

Oracle 1z0-1074-20 (Oracle Cost Management Cloud 2020 Implementation Essentials) Exam is an essential certification for professionals who are looking to enhance their knowledge and skills in managing and optimizing cost management systems. 1z0-1074-20 exam measures an individual's ability to configure cost organizations, manage cost accounting transactions, create and configure reporting structures, and set up formulaic allocations. 1z0-1074-20 exam is critical for individuals who are looking to build their expertise and accelerate their careers in the cost management field.

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Oracle 1z0-1074-20 certification exam is ideal for professionals who want to enhance their skills in cost management and demonstrate their expertise to potential employers. Oracle Cost Management Cloud 2020 Implementation Essentials certification provides an opportunity for professionals to showcase their knowledge and experience in implementing Oracle Cost Management Cloud and to differentiate themselves in a competitive job market.

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Oracle 1z0-1074-20 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Cost Analysis and Reporting5%- Cost Accounting Work Area
- Rolled-up Costs and Cost Scenarios
- Period Close and Reporting
Topic 2: Landed Cost Management15%- Landed Cost Concepts
- Landed Cost Setup
- Managing Landed Cost Charges
Topic 3: Receipt Accounting20%- Overview of Receipt Accounting
- Accrue at Period End
- Receipt Accounting Setup
- Analyzing and Reconciling Receipt Balances
Topic 4: Configuring Cost Accounting25%- Quick Setup and Manual Setup
- Cost Profiles and Cost Methods
- Cost Elements and Cost Component Groups
- Cost Organization and Books
Topic 5: Subledger Accounting15%- Journal Line Rules
- Account Rules and Mapping Sets
- Accounting Methods
- Creating Subledger Journal Entries
Topic 6: Introduction to Cost Accounting20%- Key Implementation Decisions
- Integration with other Oracle Cloud Modules
- Overview of Cost Accounting

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