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- Total Questions: 70
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Skeptical buyers make the best customers. Grab the free 1z1-987 demo from ActualTestsIT, compare the answers against the official Oracle Cost Management Cloud 2017 Implementation Essentials objectives, and decide with evidence instead of promises.
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 Price: | $245 USD |
| Exam Format: | Multiple Select, Multiple Choice |
| Exam Duration: | 105 minutes |
| Related Certifications: | Oracle Financials Cloud Oracle Supply Chain Management Cloud |
| Passing Score: | 64% |
| Real Exam Qty: | 70 |
| Certificate Validity Period: | Until Oracle retires this exam version |
| Recommended Training: | Oracle Learning Library Oracle Cost Management Cloud 2017 Implementation Training |
| Exam Registration: | Pearson VUE Registration Oracle University Certification Page |
| Sample Questions: | DOWNLOAD DEMO |
| 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 |
|---|---|---|
| Setting Up Cost Accounting | 20% | - Creating and managing Cost Organizations - Setting up item cost controls - Defining Cost Books and Cost Profiles - Configuring Cost Elements and Cost Components |
| Cost Processing and Calculations | 20% | - Period close and reconciliation processes - Cost adjustments and corrections - Processing cost accounting transactions - Performing cost rollups and updates |
| Cost Analysis and Reporting | 15% | - Generating cost accounting reports - Using Cost Management dashboards - Analyzing inventory valuation and margins |
| Receipt Accounting and Landed Cost | 15% | - Landed Cost configuration and processing - Accounting for purchase receipts and adjustments - Purpose and functionality of Receipt Accounting |
| Cost Accounting Overview | 15% | - Managerial Accounting concepts - Integration with other Oracle Cloud modules - Key implementation decision points |
| Security, Integration and Maintenance | 15% | - Troubleshooting common cost issues - Integrating with external systems - Defining security access for cost accounting |
Everything Candidates Ask About the Oracle Cost Management Cloud 2017 Implementation Essentials
To pass the 1z1-987 exam you need 64%, and the official registration fee is $245 USD. Since a failed attempt is not discounted — retaking means paying $245 USD in full again — treat the booking as the last step, not the first. Work through the ActualTestsIT practice questions until your timed scores sit comfortably above 64%, and only then lock in your exam date.
The 1z1-987 (Oracle Cost Management Cloud 2017 Implementation Essentials) is the official Oracle examination that awards the Oracle Cost Management Cloud 2017 Certified Implementation Specialist certification to candidates who pass it. Within the Oracle program it is classed as a Specialist credential. It sits alongside related certifications such as Oracle Financials Cloud, Oracle Supply Chain Management Cloud. Because the credential comes straight from the vendor, employers treat it as verified proof of skill — and the 70 practice questions at ActualTestsIT follow the same published blueprint.
Registration for the 1z1-987 exam runs through the official channels below:
Depending on availability in your region, the 1z1-987 exam is taken Online proctored or Onsite at Pearson VUE test centers.
Our money-back guarantee applies if you sit the corresponding 1z1-987 exam within 60 days of purchase and do not pass: submit a scan of your enrollment slip plus the official Score Report PDF within 2 days of the exam, and the claim is settled within 7 days. The registration name must match the buyer's name; attempts within 3 days of purchase, downloads never used in a real sitting, free materials, and expired orders fall outside the policy. If you prefer, you can forgo the refund and instead receive two free exam products of equal value while keeping updates on your original purchase. As for delivery, your files arrive by email within one minute of payment — if 2 hours pass without a message, check spam and contact support — and you can install the product on unlimited computers.
The official Oracle Cost Management Cloud 2017 Implementation Essentials blueprint breaks the content into 6 domains, starting with these three:
- Cost Analysis and Reporting (15%)
- Cost Processing and Calculations (20%)
- Cost Accounting Overview (15%)
The full domain-by-domain outline is listed above on this page — use it as your checklist while you work through the ActualTestsIT practice questions.
On exam day you will have 105 minutes to complete 70 questions in the 1z1-987 exam. Divide your attention deliberately: answer what you know first, mark anything doubtful, and sweep back through flagged items near the end rather than burning minutes on a single question. The best way to defuse time pressure is exposure — schedule at least one full-length timed session in the ActualTestsIT test engine so the pacing feels automatic when it counts.
For structured learning, Oracle recommends these official courses for 1z1-987 candidates:
Courses explain the why; the 70 practice questions at ActualTestsIT drill the how-fast. Combining the two is the shortest route most candidates find.
Before you register, review the stated prerequisites: No mandatory prerequisites; recommended experience in Oracle Cloud Financials or Supply Chain applications
For the latest wording, always double-check the official exam page: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-987.
Yes — every ActualTestsIT product, including the 1z1-987 Q&A, has a free PDF demo you can download before spending anything. Your purchase then stays current with 365 days of free updates, and if the update period lapses you can renew it at 50% off from your member zone.
Oracle Cost Management Cloud 2017 Implementation Essentials Sample Questions:
Your client uses actual costing and needs to cost to the subinventory level. They have a few subinventories that hold normal goods and one subinventory that holds returned goods. They want their normal goods subinventories to be costed differently from their returned goods subinventory.
Which cost policy supports this requirement?
- A. EnaWe the inventory organization that holds the subinventories to be costed to the subinventory level by changing the organization parameter field from "Costing Level" to "Subinventory."
- B. Create a separate cost book for the normal goods subinventories and one cost book for the returned goods subinventory Add both cost books to the same cost organization.
- C. Manually create one cost profile for the normal goods subinventories and one cost profile for the returned goods subinventory.
- D. Create a separate cost organization for the normal goods subinventories and one cost organization for the returned goods subinventory.
- E. Manually create one valuation unit for the normal goods subinventories and one valuation unit for the returned goods subinventory.
Correct Answer: A 🗳️
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. Run the Transfer Transactions to Costing process.
- B. Perform cost account validations for August in Manage Cost Accounting Periods
- C. Close the August period; you can never have two open periods at the same time.
- D. Change the number of maximum open periods in Manage Cost Organization Relationships
Correct Answer: A 🗳️
A manager has decided to close the period by not allowing any new transactions, except for corrections and adjustments, which can happen any time before the period is closed permanently.
Which cost period status will allow the system to perform the transaction?
- A. Closed
- B. Never Opened
- C. Close Pending
- D. Open
- E. Permanently Closed
Correct Answer: A 🗳️
When running the Transfer Costs to Cost Management process, where will the primary default source for costs come from and what is the effect?
- A. Payables invoices; invoice price variance can be added to item cost.
- B. Receivables invoices; actual cost can be used.
- C. Requisition costs; validated costs can be used.
- D. Purchase order costs; item catalog costs can be used.
- E. Receipt costs; costs include adjustments.
Correct Answer: B 🗳️
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 merge matching lines in the journal line rule.
- B. Write a custom report.
- C. Turn off the summarize flag in the journal line rule.
- D. Extract distribution accounting entries.
- E. Turn on detailed posting for GL in the ledger setup.
Correct Answer: B 🗳️
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