PDF Version DemoFree demo, three versions, daily-checked content, 7/24 support with replies inside two hours, and a written refund policy: ActualPDF gives 2026 1z1-987 candidates a complete, accountable Oracle Cost Management Cloud 2017 Implementation Essentials service.
Oracle 1z1-987 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2017 Implementation Essentials |
| Exam Number: | 1Z0-987 |
| Exam Format: | Scenario-based Questions, Multiple Choice |
| Exam Duration: | 120 minutes |
| Exam Price: | $245 USD |
| Related Certifications: | Oracle Inventory Management Cloud certifications Oracle Manufacturing and Supply Chain Cloud certifications |
| Real Exam Qty: | 55-75 |
| Available Languages: | English |
| Recommended Training: | Oracle Cost Management Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or onsite testing center |
| Pre Condition: | Basic knowledge of Oracle Financials Cloud and Supply Chain Management Cloud is recommended. |
| Official Syllabus URL: | https://education.oracle.com/oracle-certification-exams |
Oracle 1z1-987 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Cost Analysis and Reporting | - Reporting Tools
|
| Cost Accounting and Costing Methods | - Costing Methods
|
| Cost Management Cloud Overview | - Cost Management Fundamentals
|
| Inventory and Supply Chain Costing | - Inventory Valuation
|
Oracle 1z1-987 Exam: FAQ for Serious Candidates
Oracle Cost Management Cloud 2017 Implementation Essentials is an official Oracle exam, listed under exam code 1z1-987. A passing result earns you the Oracle Cost Management Cloud 2017 Implementation Essentials certification at the Professional level. It also ties into Oracle Manufacturing and Supply Chain Cloud certifications, Oracle Inventory Management Cloud certifications, extending its value across your certification roadmap. Employers read this credential as verified competence, which is why it keeps appearing in job requirements.
Expect 55-75 questions inside 120 minutes on the Oracle Cost Management Cloud 2017 Implementation Essentials exam. That pace punishes hesitation, so rehearse it: the ActualPDF software engine simulates the real exam scene, reminds you of the questions you got wrong, and pushes you to re-practice them until the clock stops being your enemy.
Basic knowledge of Oracle Financials Cloud and Supply Chain Management Cloud is recommended.
Requirements evolve, so confirm the current conditions before registering on the official exam page.
Registration for Oracle Cost Management Cloud 2017 Implementation Essentials goes through the official channels listed here.
When you schedule, note that the exam is delivered Online proctored or onsite testing center.
Oracle recommends the following training for Oracle Cost Management Cloud 2017 Implementation Essentials candidates.
Follow any course with the 70 practice questions in the ActualPDF 1z1-987 package; the software engine will even remind you which mistakes need another round.
Yes. ActualPDF provides a free download demo of the Oracle Cost Management Cloud 2017 Implementation Essentials material, so you can check the content before choosing a version. After purchase, a one-year warranty covers you: the latest version is sent to you as it releases, free for 365 days, and after expiry you can extend the update service at a 50% discount.
Your purchase is covered by a 100% money-back guarantee with clear conditions. Take the Oracle Cost Management Cloud 2017 Implementation Essentials exam within 60 days of purchase; if you fail, provide your unqualified result by submitting a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and the full refund is processed within 7 days. The exam must match your product, candidate and payer names must match, and attempts within 3 days of purchase, unused downloads, free materials, and expired orders are not covered. Alternatively, exchange for two other exam products of equal value, free, or wait for updates while keeping your original product's update service.
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The Oracle Cost Management Cloud 2017 Implementation Essentials syllabus spans 4 domains, led by Cost Analysis and Reporting, Cost Management Cloud Overview, and Inventory and Supply Chain Costing. The complete topic list is published above; candidates who study the map first rarely get lost later.
Oracle Cost Management Cloud 2017 Implementation Essentials Sample Questions:
Your client wants their expense items to be accrued at receipt. Which two configurations support this requirement?
- A. Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.
- B. Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals
> Set Accrue Expense Items to At Receipt. - C. Product Information Management > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "Yes".
- D. Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at Period End.
- E. Product Information Management > Search and select item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "No".
- F. Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals
> Set Accrue Expense Items to Period End.
Correct Answer: A,D 🗳️
Your organization currently has the August period for this year open. They want to be able to open the September period, while keeping August open. When you try to open the target period, August of this year, you get an error.
What must you do to meet your customer's requirement and resolve this error?
- A. Change the number of maximum open periods in Manage Cost Organization Relationships
- B. Close the August period; you can never have two open periods at the same time.
- C. Perform cost account validations for August in Manage Cost Accounting Periods
- D. Run the Transfer Transactions to Costing process.
Correct Answer: D 🗳️
Your client wants to turn on summary for GL posting, but they want the Subledger Accounting to contain every transaction unsummarized for detailed analysis and drill down.
How do you accomplish this?
- A. Turn off the summarize flag in the journal line rule.
- B. Extract distribution accounting entries.
- C. Write a custom report.
- D. Turn on detailed posting for GL in the ledger setup.
- E. Turn off merge matching lines in the journal line rule.
Correct Answer: C 🗳️
You have just finished modifying an accounting method. What is the final step to complete the accounting method configuration?
- A. Activate its journal entry rule set assignments.
- B. Execute the Preprocessor.
- C. Transfer transactions from Receiving to Costing.
- D. Create Accounting.
- E. Transfer costs to Cost Management.
Correct Answer: D 🗳️
Identify four characteristics of a cost element.
- A. It is user-defined.
- B. It uses date effectivity.
- C. The mapping of cost components into cost elements is user-defined.
- D. It is the most granular level of cost captured by upstream systems such as procurement, accounts payable, and manufacturing.
- E. It is the granularity at which costs are tracked and accounted.
- F. Users can define any number of cost elements.
Correct Answer: A,B,C,D 🗳️
