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Last Updated: Jul 24, 2026
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Oracle 1Z1-1074 certification is a globally recognized certification, demonstrating one's expertise in cost management. Oracle Cost Management Cloud 2019 Implementation Essentials certification validates one's knowledge and mastery of Oracle Cloud Cost Management and the ability to implement successful cost accounting processes. With this certification, professionals can showcase their expertise to clients, peers, and employers. Aiming to become an Oracle Cloud Cost Management Cloud 2019 Certified Implementation Specialist is a worthwhile investment for professionals seeking to advance their careers in cost management.
Oracle 1Z1-1074 certification exam is a 120-minute timed exam that consists of 70 multiple-choice questions. 1Z1-1074 exam is conducted in English and can be taken at any authorized testing center worldwide. 1Z1-1074 exam can be taken by anyone who meets the prerequisites, which include a basic understanding of Oracle Cloud technology and experience working with Oracle's Cost Management Cloud 2019.
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Oracle 1Z1-1074 exam is an essential certification for professionals who want to demonstrate their expertise in implementing Oracle Cost Management Cloud solutions. It helps professionals to enhance their skills and knowledge in the field of cloud technology and provides an opportunity to advance their careers. 1Z1-1074 exam assesses the candidate's understanding of the various modules of Oracle Cost Management Cloud, including inventory valuation, cost accounting, and supply chain management, and the implementation of these modules. Candidates who pass the exam can be confident in their ability to implement Oracle Cost Management Cloud solutions and can differentiate themselves in the job market.
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| Section | Objectives |
|---|---|
| Understanding Oracle Cost Management Cloud | - Costing Methods and Policies - Overview of Cost Management Cloud |
| Standard and Actual Costing | - Analyze and Resolve Standard Cost Variances - Create Standard Costs, Resource & Overhead Rates |
| Landed Cost Management | - Configure Landed Cost Management - Manage Landed Cost Reference Types and Routes |
| Reporting and Analytics | - Inventory and Cost Analytics - Costing Reports |
| Receipt Accounting | - Configuring Receipt Accounting - Managing Receipt Accounting Transactions - Accrue On Receipt and Period End |
| Subledger and Journal Accounting | - Create Journal Line Rules and Accounting Methods - Subledger Accounting Integration |
| Cost Accounting Setup | - Valuation Structures and Profiles - Cost Accounting Key Setups - Cost Elements and Components |
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