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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2019 Implementation Essentials |
| Exam Number: | 1Z0-1074 |
| Exam Duration: | 90 minutes |
| Passing Score: | 64% |
| Exam Format: | Scenario-based Questions, Multiple Choice |
| Exam Price: | USD 245 |
| Related Certifications: | Oracle Cost Management Cloud Implementation Specialist |
| Real Exam Qty: | 55-60 |
| Certificate Validity Period: | 18 months |
| Available Languages: | English |
| Recommended Training: | Oracle Cost Management Cloud Implementation Training Oracle Learning Subscriptions |
| Exam Registration: | Pearson VUE Scheduling Oracle University Registration |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored or onsite at Pearson VUE authorized test centers |
| Pre Condition: | No mandatory prerequisites recommended; hands-on experience with Oracle SCM Cloud and Cost Management preferred |
| Official Syllabus URL: | https://education.oracle.com/oracle-cost-management-cloud-2019-implementation-essentials/pexam_1Z0-1074 |
| Section | Weight | Objectives |
|---|---|---|
| Receipt Accounting | 15% | - Perform receipt accounting processes - Receipt Accounting work area - Receipt accounting reporting - Configure Accrue on Receipt and Accrue at Period End |
| Costing and Inventory Foundations | 5% | - Cost organization and cost books setup - Common inventory configurations for costing |
| Cost Accounting | 20% | - Run and manage cost accounting processes - Cost accounting reporting - Costing key setups and cost policies - Cost Accounting work area - Configure costing methods: Standard, Perpetual, Actual |
| Standard Costs | 15% | - Analyze and resolve standard cost variances - Manage rolled-up costs - Create standard costs, resource rates, and overhead rates - Manage cost scenarios |
| Project Enabled Supply Chain | 5% | - Setup project-driven supply chain - Integrate project costing with inventory |
| Subledger Accounting | 15% | - Analyze and resolve accounting errors/exceptions - Create account rules and journal line rules - Build journal entry rule sets and accounting methods - Cost accounting and receipt accounting subledger components |
| Managerial Accounting Overview | 15% | - Purpose of cost accounting, receipt accounting, and landed cost - Integration with other Oracle Cloud modules - Key implementation decision points |
| Landed Cost | 10% | - Define charge names, reference types, and routes - Manage landed cost processes - Landed Cost work area |
The 1Z1-1074 exam is how Oracle decides who earns the Oracle Cost Management Cloud 2019 Certified Implementation Specialist certification, which sits at the Specialist level. It measures practical command of the Oracle Cost Management Cloud 2019 Implementation Essentials objectives — the skills you'd actually use on the job — which is why it carries weight with employers in a competitive market. It's also part of a wider certification family that includes Oracle Cost Management Cloud Implementation Specialist, so the effort you invest here keeps paying off as you advance. Candidates do best when they treat the exam as a skills check, not a memory test.
Oracle organizes the Oracle Cost Management Cloud 2019 Implementation Essentials syllabus into 8 domains, opening with Standard Costs (15%), Managerial Accounting Overview (15%), and Project Enabled Supply Chain (5%). Those weightings are a gift: they tell you where the points concentrate, so you can front-load the domains that decide your score. The full breakdown lives in the exam topics section above — build your study plan around it.
Expect 55-60 questions within 90 minutes on the Oracle Cost Management Cloud 2019 Implementation Essentials exam. Treat that ratio as a pacing contract: work out your per-question budget now, and during the exam, flag anything that threatens to overrun it and circle back later. Candidates who rehearse this under a real timer — the ValidDumps test engine runs one on every mock exam — consistently finish with time to review instead of guessing through the final questions.
You'll need 64% to pass the Oracle Cost Management Cloud 2019 Implementation Essentials exam, and a seat costs USD 245. Since retakes bill the full fee again, the economics are simple: arrive over-prepared. The reliable method is timed self-testing — run ValidDumps practice exams until your scores sit clearly above the passing mark across several sessions, then register. You're not buying certainty; you're refusing to pay for the same exam twice.
Oracle lists the Oracle Cost Management Cloud 2019 Implementation Essentials question types as: Multiple Choice, Scenario-based Questions. Knowing the list is half the battle; the other half is practicing against each type until its mechanics are boring. For lengthy scenario items, anchor on the actual question sentence before digesting the stem. ValidDumps's 80 practice questions cover these formats, so nothing on your screen in the exam room is a first encounter.
The Oracle Cost Management Cloud 2019 Implementation Essentials exam is currently available in English. Pick the language where your reading speed is highest — in a timed exam, comprehension pace quietly decides borderline scores. If you're testing in English, ValidDumps's English-language 1Z1-1074 practice questions double as drills for the exact terminology Oracle favors.
Passing the Oracle Cost Management Cloud 2019 Implementation Essentials exam earns you a credential that stays valid for 18 months. Put the expiry date somewhere you'll see it — renewal is painless when planned and painful when discovered late. Because Oracle owns the recertification policy and revises it from time to time, check the official certification page well before your renewal window opens.
All three versions carry the same 80 expert-researched questions — pick the experience, not the content:
Working professionals usually settle into a rhythm: PDF sessions on weekdays, timed engine runs on weekends.
Yes — and we encourage it. ValidDumps's free Oracle Cost Management Cloud 2019 Implementation Essentials PDF demo shows you genuine sample questions and full verified answers before any payment. Every purchase then includes 365 days of free updates, with renewal afterward at 50% off from your member zone. Judge the material first; that's what the demo is for.
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The decision takes minutes and the payoff lasts a career: download the free 1Z1-1074 demo today, and let ValidDumps's 80 practice questions carry your Oracle Cost Management Cloud 2019 Implementation Essentials preparation from first session to passing score.
Identify three characteristics of cost component to cost element mapping.
Correct Answer: A,B,E 🗳️
Explanation: Only visible for ValidDumps members. You can sign-up / login (it's free).
Identify two criteria to select a specific work definition in an inventory organization when defining a cost estimation in a Cost Planning scenario
Correct Answer: C,E 🗳️
Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?
Correct Answer: E 🗳️
Identify two reference types used to tie a receipt trade operation to an expense invoicefor landing.
Correct Answer: A,D 🗳️
A manager has decided to close the period by not allowing any new transactions, except for correctionsand adjustments, which can happen any time before the period is closed permanently.
Which cost period status will allow the system to perform the transaction?
Correct Answer: C 🗳️
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