Oracle 1z1-987 actual dump : Oracle Cost Management Cloud 2017 Implementation Essentials

1z1-987
  • Exam Code: 1z1-987
  • Exam Name: Oracle Cost Management Cloud 2017 Implementation Essentials
  • Updated: Sep 13, 2026
  • Q & A: 70 Questions and Answers

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About Oracle 1z1-987 Exam Questions

Walking into the 1z1-987 exam without ever sitting a timed mock test is an unnecessary risk. The Actual4Dumps test engines recreate real exam conditions for the Oracle Cost Management Cloud 2017 Implementation Essentials, so pacing and pressure feel familiar long before the real thing.

Oracle 1z1-987 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Cost Management Cloud 2017 Implementation Essentials
Exam Number:1Z0-987
Exam Duration:120 minutes
Exam Price:$245 USD
Real Exam Qty:55-75
Related Certifications:Oracle Manufacturing and Supply Chain Cloud certifications
Oracle Inventory Management Cloud certifications
Exam Format:Scenario-based Questions, Multiple Choice
Available Languages:English
Recommended Training:Oracle Cost Management Cloud Training
Exam Registration:Oracle Certification Registration
Sample Questions:Free Download Latest 1z1-987 actual dumps
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:

SectionObjectives
Topic 1: Cost Analysis and Reporting- Cost Analysis
  • 1. Cost variance analysis
    • 2. Cost breakdown reporting
      - Reporting Tools
      • 1. Oracle reporting capabilities
        • 2. Cost accounting reports
          Topic 2: Cost Accounting and Costing Methods- Costing Methods
          • 1. Average costing
            • 2. Actual costing
              • 3. Standard costing
                - Cost Accounting Processes
                • 1. Cost distribution and absorption
                  • 2. Cost revaluation and adjustments
                    Topic 3: Inventory and Supply Chain Costing- Inventory Valuation
                    • 1. Receipt accounting and valuation
                      • 2. Inventory layers and cost rollups
                        - Supply Chain Cost Flows
                        • 1. Transfer pricing basics
                          • 2. Intercompany cost accounting
                            Topic 4: Cost Management Cloud Overview- Cost Management Fundamentals
                            • 1. Key concepts of cost accounting in Oracle Cloud
                              • 2. Cost structure and cost components
                                - Setup and Configuration
                                • 1. Cost profiles and cost methods
                                  • 2. Cost organization setup

                                    Oracle Cost Management Cloud 2017 Implementation Essentials FAQs: What Candidates Ask Most

                                    The Oracle Cost Management Cloud 2017 Implementation Essentials is the official Oracle exam that leads to the Oracle Cost Management Cloud 2017 Implementation Essentials certification at the Professional level. Passing it validates your skills against Oracle standards and proves your qualification to current and future employers. The credential is also connected with related certifications such as Oracle Manufacturing and Supply Chain Cloud certifications, Oracle Inventory Management Cloud certifications, so it can serve as a solid step in a broader certification path.

                                    The 1z1-987 exam has 55-75 questions in total and must be completed within 120 minutes. That leaves only a narrow time budget per item, so train yourself to flag a difficult question, move on, and circle back later instead of getting stuck. A week or two before your test date, run at least one full timed mock exam in the Actual4Dumps desktop or online test engine under the same 120 minutes limit, and repeat until you can finish with a few minutes left for review.

                                    Oracle sets the following requirement for the 1z1-987 exam: Basic knowledge of Oracle Financials Cloud and Supply Chain Management Cloud is recommended.. Eligibility rules can change from time to time, so always confirm the current prerequisites on the official exam page at https://education.oracle.com/oracle-certification-exams before you register.

                                    You can register for the Oracle Cost Management Cloud 2017 Implementation Essentials through the following official channels:

                                    The 1z1-987 exam is delivered as Online proctored or onsite testing center, so review the technical and check-in requirements for that format when you schedule your appointment.

                                    Oracle recommends the following official training options for the Oracle Cost Management Cloud 2017 Implementation Essentials:

                                    Official courses build the theory, and pairing them with the 70 practice questions from Actual4Dumps turns that knowledge into exam-ready answers.

                                    Yes. Actual4Dumps offers a free PDF demo for the Oracle Cost Management Cloud 2017 Implementation Essentials, so you can review real sample questions and judge the quality before paying anything. After your purchase, you receive 365 days of free updates — whenever the question pool changes, you get the latest version at no cost. Once that period expires, you can extend your update service at a 50% discount from your member zone.

                                    If you take the 1z1-987 exam within 60 days of your purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee. To qualify, submit a scanned copy of your exam enrollment slip together with your official Score Report (PDF) within 2 days after the exam date, and your claim will be processed within 7 days. Note that the guarantee applies only to the corresponding exam: attempts taken within 3 days of purchase, downloaded-but-unused materials, free resources, and expired orders are not eligible, and the candidate name must match the purchaser name. If you would rather not refund, you can exchange the product for two free exam products of equal value while keeping the update service on your original purchase.

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                                    The Oracle Cost Management Cloud 2017 Implementation Essentials is organized into 4 domains. Among the first ones are Cost Analysis and Reporting, Cost Accounting and Costing Methods, Cost Management Cloud Overview, and the remaining domains cover the rest of the official objectives. For the complete topic breakdown with every subtopic, see the full 1z1-987 exam outline above on this page.

                                    Oracle Cost Management Cloud 2017 Implementation Essentials Sample Questions:

                                    Question #1

                                    Identify two characteristics of Landed Cost charge names.

                                    • A. Charge names cannot be associated with a PO schedule.
                                    • B. You can modify a charge name until it is associated with a trade operation.
                                    • C. You can use multiple currencies within a trade operation for the same charge name on different lines.
                                    • D. Charge names cannot be used to tie an invoice to a trade operation.
                                    • E. Duty is a seeded charge name for Landed Cost.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: B,C  🗳️

                                    Question #2

                                    Which two rules determine whether a condition has been met for accounting rules?

                                    • A. When the condition is met, the rule associated with that priority is used.
                                    • B. Use parenthesis to control the order of the condition evaluation.
                                    • C. The conditions are evaluated in the sequence they are defined in the accounting rule.
                                    • D. Priorities determine the order in which accounting rule conditions are examined.
                                    • E. After all conditions are tested, the final resulting value is used.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: A,C  🗳️

                                    Question #3

                                    At what level can you define item cost profiles?

                                    • A. Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
                                    • B. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
                                    • C. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.
                                    • D. Different items within an inventory organization can use different cost profiles, but items within an item category must all use the same cost profile because that is the level at which the default cost profile is defined.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: A  🗳️

                                    Question #4

                                    Which two steps need to be completed to estimate landed costs?

                                    • A. Transfer transactions from the Payables to the Costing process.
                                    • B. Allocate charges
                                    • C. Transfer transactions from the Inventory to the Costing process.
                                    • D. Update standard costs.
                                    • E. Prepare the Material Purchase Order Data process.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: A,E  🗳️

                                    Question #5

                                    Your client only wants to cost inventory items and third party costs. Which two modules are they required to implement to ensure this functionality?

                                    • A. Receipt Accounting
                                    • B. Inventory Management
                                    • C. Product Model
                                    • D. Cost Accounting
                                    • E. Landed Cost Management
                                    Reveal Solution  Discussion  0

                                    Correct Answer: B  🗳️

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