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Last Updated: Jul 24, 2026
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Oracle 1Z1-1074 certification exam is an excellent opportunity for professionals to showcase their expertise in implementing cost management solutions using Oracle Cost Management Cloud. By taking 1Z1-1074 exam, you can prove to potential employers that you possess the skills and knowledge to design and implement cost management solutions in the cloud. It's a challenging exam that requires intense preparation, but with the right resources, you can succeed and earn your certification with flying colors.
Oracle 1Z1-1074 exam is a 105-minute exam that consists of 60 multiple-choice questions. 1Z1-1074 exam tests the candidates on various topics such as cost accounting, inventory accounting, product costing, cost management process flow, and cost management setup. 1Z1-1074 exam is available in English and Japanese languages.
Oracle 1Z1-1074 (Oracle Cost Management Cloud 2019 Implementation Essentials) Exam is designed for professionals seeking to gain knowledge and expertise in cost management. 1Z1-1074 exam tests one's knowledge of Oracle Cloud Cost Management, cost accounting, intercompany transfers, and financial reporting. Oracle Cost Management Cloud 2019 Implementation Essentials certification is ideal for financial analysts, accountants, business analysts, and IT professionals who work with cost management.
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Oracle 1Z1-1074 exam is intended for professionals who work with Oracle Cost Management Cloud solutions on a daily basis. This can include implementation consultants, project managers, IT professionals and developers, and others who are responsible for managing and implementing Oracle Cost Management Cloud solutions. Individuals who pass 1Z1-1074 exam will be able to demonstrate their knowledge of the Oracle Cost Management Cloud and their ability to implement these solutions in a real-world setting.
| Section | Objectives |
|---|---|
| Topic 1: Inventory and Costing Processes | - Inventory valuation methods - Cost accounting for inventory transactions - Receipt accounting and cost updates |
| Topic 2: Integration and Advanced Features | - Integration with Oracle Inventory and Procurement - Subledger accounting integration - Cost rollup and standard cost updates |
| Topic 3: Cost Analysis and Reporting | - Inventory valuation reporting - Cost analysis tools and dashboards - Cost accounting reports |
| Topic 4: Cost Accounting and Period Close | - Cost accounting distributions - Reconciliation and adjustments - Period close process in Cost Management Cloud |
| Topic 5: Cost Management Setup and Configuration | - Cost organization setup - Cost profile and cost method configuration - Cost component structure setup |
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