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Oracle 1z1-987 exam is an essential demonstration of your competency in Oracle Cloud Cost Management solutions. On certification, you gain the recognition of being proficient in delivering solutions that leverage Oracle Cloud Cost Management solutions to maximize business value. As an Oracle Certified Professional, you can access numerous job opportunities in organizations looking for Oracle cost management experts. Oracle Cost Management Cloud 2017 Implementation Essentials certification strengthens your resume and gives you a competitive edge in the job market to increase your marketability in the ever-competitive IT industry.
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The Oracle 1z1-987 exam consists of 60 multiple-choice questions and has a time limit of 105 minutes. The passing score for the exam is 64%. 1z1-987 exam can be taken online or at a testing center. To prepare for the exam, candidates can take Oracle University's training courses or use other study materials such as books or practice exams. Earning this certification demonstrates the candidate's knowledge and competence in Oracle Cloud Cost Management and can enhance their career opportunities in the field.
Oracle 1z1-987 exam consists of 70 multiple-choice questions and is administered by Oracle University. 1z1-987 exam has a time limit of 105 minutes, and candidates must achieve a minimum score of 60% to pass. 1z1-987 exam is available in several languages including English, Japanese, and Simplified Chinese. The cost of the exam varies depending on the region and currency, but typically ranges from $245 to $400. Upon passing the exam, candidates will receive the Oracle Cost Management Cloud 2017 Implementation Essentials certification, which is a valuable credential that can help them advance their careers in the field of cost management.
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| Section | Weight | Objectives |
|---|---|---|
| Cost Processing and Calculations | 20% | - Processing cost accounting transactions - Performing cost rollups and updates - Period close and reconciliation processes - Cost adjustments and corrections |
| Setting Up Cost Accounting | 20% | - Defining Cost Books and Cost Profiles - Configuring Cost Elements and Cost Components - Creating and managing Cost Organizations - Setting up item cost controls |
| Cost Accounting Overview | 15% | - Managerial Accounting concepts - Integration with other Oracle Cloud modules - Key implementation decision points |
| Receipt Accounting and Landed Cost | 15% | - Accounting for purchase receipts and adjustments - Landed Cost configuration and processing - Purpose and functionality of Receipt Accounting |
| Security, Integration and Maintenance | 15% | - Troubleshooting common cost issues - Integrating with external systems - Defining security access for cost accounting |
| Cost Analysis and Reporting | 15% | - Using Cost Management dashboards - Generating cost accounting reports - Analyzing inventory valuation and margins |
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