Oracle 1Z0-987 Certification Exam Syllabus

1Z0-987 Syllabus, 1Z0-987 Dumps PDF, Oracle OCS Dumps, 1Z0-987 Dumps Free Download PDF, Oracle Inventory Management Cloud OCS Dumps, 1Z0-987 Latest Dumps Free DownloadYou can use this exam guide to collect all the information about Oracle Cost Management Cloud 2017 Implementation Essentials (1Z0-987) certification. The Oracle 1Z0-987 certification is mainly targeted to those candidates who has some experience or exposure of Oracle Inventory Management Cloud and want to flourish their career with Oracle Cost Management Cloud 2017 Certified Implementation Specialist (OCS) credential. The Oracle Cost Management Cloud 2017 Implementation Essentials certification exam validates your understanding of the Oracle Inventory Management Cloud technology and sets the stage for your future progression. Your preparation plan for Oracle 1Z0-987 Certification exam should include hands-on practice or on-the-job experience performing the tasks described in following Certification Exam Topics table.

Oracle 1Z0-987 Certification Details:

Exam Name Oracle Cost Management Cloud 2017 Implementation Essentials
Exam Code 1Z0-987
Exam Price USD $245 (Pricing may vary by country or by localized currency)
Duration 120 Min.
Number of Questions 70
Passing Score 59%
Format Multiple Choice
Recommended Training Individuals & Companies
Schedule Exam Pearson VUE - Oracle
Recommended Practice 1Z0-987 Online Practice Exam

Oracle 1Z0-987 Certification Topics:

Managerial Accounting Overview - Explain Cost Accounting and how it integrates with other modules
- Describe the purpose of Cost Accounting, Receipt Accounting, and Landed Cost
- Explain key implementation decision points
Cost Accounting Overview - Describe the Cost Accounting Work Area
- Explain Cost Accounting
- Configure Costing methods (Standard, Perpetual, and Actual)
- Configure Cost Accounting Using Quick Setup and/or Manual Setup
- Create Cost Accounting Key setups (Cost Org, Cost Book, Relationships, Elements, Components, Component Mappings, Valuation Structures, Cost Profiles, and Default Cost Profiles)
- Explain the Role of Costing Key setups and Cost policies
- Perform Cost Accounting processes
- Describe Cost Accounting reporting
- Manage Daily Cost Accounting tasks
Landed Cost Overview - Describe the Landed Cost Work Area
- Explain Landed Cost
- Configure Landed Cost Management
- Manage Charge Names
- Manage Landed Cost Reference types
- Manage Routes
Receipt Accounting Overview - Describe the Receipt Accounting Work Area
- Explain Receipt Accounting
- Configure Accrue at period end
- Configure Accrue on receipt
- Perform Receipt Accounting processes
- Describe Receipt Accounting reporting
- Manage daily Receipt Accounting tasks
Standard Costs - Manage Cost scenarios
- Create Standard Costs, Resource Rates, and Overhead Rates
- Manage rolled up  Costs
- Analyze and resolve Standard Cost variances
Subledger Accounting - Explain the Receipt Accounting Subledger
- Explain the Cost Accounting Subledger
- Create Account Rules
- Create Journal Line Rules
- Create a Subledger Journal Entry Rule set
- Create an Accounting Method
- Explain the relationships of Subledger Components
- Analyze and resolve errors and exceptions

The Oracle 1Z0-987 Certification Program certifies candidates on skills and knowledge related to Oracle Inventory Management Cloud products and technologies. The Oracle Cost Management Cloud 2017 Certified Implementation Specialist is granted based on a combination of passing exams, training and performance-based assignments, depending on the level of certification. Oracle 1Z0-987 certification is tangible benchmark of experience and expertise that help you stand out in a crowd among employers. To ensure success, Oracle recommends combining education courses, practice exam and hands-on experience to prepare for your Oracle Cost Management Cloud 2017 Implementation Essentials certification exam as questions will test your ability to apply the knowledge you have gained in hands-on practice or professional experience.

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