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Oracle 1z1-987 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2017 Implementation Essentials |
| Exam Number: | 1Z0-987 |
| Available Languages: | English, Japanese |
| Exam Duration: | 105 minutes |
| Related Certifications: | Oracle Financials Cloud Oracle Supply Chain Management Cloud |
| Exam Price: | $245 USD |
| Certificate Validity Period: | Until Oracle retires this exam version |
| Passing Score: | 64% |
| Real Exam Qty: | 70 |
| Exam Format: | Multiple Choice, Multiple Select |
| Recommended Training: | Oracle Cost Management Cloud 2017 Implementation Training Oracle Learning Library |
| Exam Registration: | Oracle University Certification Page Pearson VUE Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or Onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended experience in Oracle Cloud Financials or Supply Chain applications |
| Official Syllabus URL: | https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-987 |
Oracle 1z1-987 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Cost Analysis and Reporting | 15% | - Analyzing inventory valuation and margins - Generating cost accounting reports - Using Cost Management dashboards |
| Topic 2: Cost Processing and Calculations | 20% | - Cost adjustments and corrections - Period close and reconciliation processes - Processing cost accounting transactions - Performing cost rollups and updates |
| Topic 3: Security, Integration and Maintenance | 15% | - Troubleshooting common cost issues - Integrating with external systems - Defining security access for cost accounting |
| Topic 4: Setting Up Cost Accounting | 20% | - Configuring Cost Elements and Cost Components - Creating and managing Cost Organizations - Defining Cost Books and Cost Profiles - Setting up item cost controls |
| Topic 5: Receipt Accounting and Landed Cost | 15% | - Landed Cost configuration and processing - Accounting for purchase receipts and adjustments - Purpose and functionality of Receipt Accounting |
| Topic 6: Cost Accounting Overview | 15% | - Managerial Accounting concepts - Integration with other Oracle Cloud modules - Key implementation decision points |
The Oracle Cost Management Cloud 2017 Implementation Essentials Exam: Straight Answers
Oracle recommends these training resources for candidates:
An effective training course builds understanding; scored practice with expert-verified answers builds exam readiness. The two work best together.
Yes. ValidVCE processes every purchase through a secure Credit Card payment system, so your transaction is protected from leakage or error at each step of the deal. We put customers' interests and the quality of the Oracle Cost Management Cloud 2017 Implementation Essentials product first — the 1z1-987 exam materials should be the only thing you need to think about after checkout.
The 1z1-987 exam contains 70 questions with 105 minutes minutes to complete them. Scored practice rounds under the same limit are how you find out — in advance — whether the clock will be a problem for you.
The official outline divides the 1z1-987 exam into weighted domains, including:
- Cost Accounting Overview (15%)
- Receipt Accounting and Landed Cost (15%)
- Security, Integration and Maintenance (15%)
The Oracle Cost Management Cloud 2017 Implementation Essentials practice questions at ValidVCE are organized around these same objectives, so your scored mock results map directly onto the areas that need work.
The 1z1-987 exam leads to the Oracle Cost Management Cloud 2017 Implementation Essentials certification from Oracle, one of the more popular credentials among IT professionals — and it is genuinely not easy to pass. The workable approaches are well known: invest focused time and energy, take an effective training course, and practice with material that mirrors the real exam. Preparation quality, not luck, separates the attempts that succeed from the ones that need repeating.
Registration for the 1z1-987 exam runs through these official channels:
A good moment to register is when your scored practice results stay consistently strong — let measurement, not mood, set the date.
That is exactly what the software version is for. It recreates the atmosphere of the real 1z1-987 exam, and after each exercise you can assess your score and see your current level in concrete terms. Those results tell you whether you are grasping the key points or still circling them, so your remaining study time goes in the right direction — particularly valuable when work and family leave you only a few hours a week.
No mandatory prerequisites; recommended experience in Oracle Cloud Financials or Supply Chain applications
Passing the 1z1-987 exam requires 64%, and registration costs $245 USD. Think of preparation as the smaller investment that protects the larger one — measured, scored practice is how you make that trade a good one.
Oracle Cost Management Cloud 2017 Implementation Essentials Sample Questions:
In which two scenarios would you define account rules based on value sets?
- A. When a secondary ledger has a different COA
- B. If a segment shares the same value set across multiple chart of accounts
- C. When there is a mapping set to convert the accounts
- D. In the absence of a chart of accounts on the accounting method
- E. When a chart of accounts is assigned to the value set definition
Correct Answer: B,C 🗳️
Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of their lots differently then others What must they do to accomplish this?
- A. They must create their valuation units manually.
- B. They cannot change their current configuration; data generated by Quick Setup cannot be changed.
- C. Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.
- D. Quick Setup generates valuation units so they just have to access those valuation units and make their changes.
Correct Answer: B 🗳️
If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?
- A. Rule sets assigned to a secondary ledger with a different COA
- B. Rule sets where the accounting rules override the method rule set
- C. Rule sets that use the same chart of accounts
- D. Rule sets not associated with any chart of accounts
- E. Rule sets that have a mapping set to convert the accounts
Correct Answer: A,B 🗳️
Which two types of costs are included in the cost of contract manufactured items?
- A. The cost of resources consumed at the OEM's factory
- B. The cost of the contract manufacturing service Item. This is the price that the contract
- C. The cost of Items that the contract manufacturer had to purchase to perform the contract manufacturing service, and the cost of resources used by the contract manufacturer
- D. The cost of items that the original equipment manufacturer (OEM) owns and has provided to the contract manufacturer for use in the process of making the output Items
- E. Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
Correct Answer: C,D 🗳️
You have configured the application as follows:
* Expense items are set to accrue at receipt.
* Receipt Close tolerance is set to 75 percent.
* Purchasing Line types are set to 2-way match.
When you create a purchase order, the Accrue on Receipt check box is automatically selected when a line is added Which two configurations changes will ensure the Accrue on Receipt check box is not selected by default?
- A. Change the Purchasing Line types to 3-way match.
- B. Change the Purchasing Line types to 4-way match.
- C. Change the Receipt Close tolerance so it is 100 percent.
- D. Change expense items to accrue at period end.
- E. Change inventory items to accrue at period end.
Correct Answer: A,B 🗳️
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