Oracle 1z1-987

Certification exams change, and outdated study material can quietly sabotage your score. Dumpkiller keeps its 1z1-987 practice questions aligned with the current Oracle Cost Management Cloud 2017 Implementation Essentials exam, with free updates for 365 days through 2026 and beyond.

Oracle 1z1-987 Exam Overview:

Oracle 1z1-987 Exam Syllabus Topics:

What Candidates Ask About the Oracle 1z1-987 Exam

Can you give me an overview of the 1z1-987 exam?

The Oracle Cost Management Cloud 2017 Implementation Essentials exam (code: 1z1-987) is the official Oracle exam that leads to the Oracle Cost Management Cloud 2017 Certified Implementation Specialist certification. It sits at the Specialist level of the Oracle certification track. It is also connected with related credentials such as Oracle Financials Cloud, Oracle Supply Chain Management Cloud. Passing it proves to employers that your skills have been validated by Oracle itself, which is why the 1z1-987 credential keeps showing up in job postings.

How many questions are in the 1z1-987 exam, and how long does it take?

The Oracle Cost Management Cloud 2017 Implementation Essentials exam gives you 105 minutes to work through 70. Pacing matters more than most candidates expect, so before exam day, run at least one full timed session in the Dumpkiller test engine to learn how long you can afford per question. If an item stalls you, flag it and move on — coming back later beats burning five minutes on a single question.

What score do I need to pass the 1z1-987 exam, and how much does it cost?

The passing score for the Oracle Cost Management Cloud 2017 Implementation Essentials exam is 64%, and the official registration fee is $245 USD. Remember that a failed attempt means paying that fee in full again, so a timed self-assessment with Dumpkiller practice questions about a week before your exam date is a cheap way to confirm you are scoring comfortably above 64%.

Are there any prerequisites for the 1z1-987 exam?

According to Oracle, the following applies: No mandatory prerequisites; recommended experience in Oracle Cloud Financials or Supply Chain applications. Certification policies do change from time to time, so confirm the latest requirements on the official exam page at https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-987 before you register.

How do I register for the 1z1-987 exam?

You can book your Oracle Cost Management Cloud 2017 Implementation Essentials exam through the official channels below:

• Oracle University Certification Page
• Pearson VUE Registration

Depending on availability in your region, the exam is delivered as Online proctored or Onsite at Pearson VUE test centers.

What official training does Oracle recommend for the 1z1-987 exam?

Oracle lists the following training options for Oracle Cost Management Cloud 2017 Implementation Essentials candidates:

• Oracle Cost Management Cloud 2017 Implementation Training
• Oracle Learning Library

Official courses build a solid foundation, and pairing them with the 70 practice questions from Dumpkiller shows you how ready you really are before you spend money on the exam itself.

Can I try the 1z1-987 practice questions before buying?

Yes. Dumpkiller offers a free 1z1-987 PDF demo so you can review the question style, difficulty, and explanations before committing to anything. After purchase, your Oracle Cost Management Cloud 2017 Implementation Essentials material includes 365 days of free updates, and if your product expires after that, you can extend the update service at a 50% discount from your member zone.

What happens if I do not pass the 1z1-987 exam, and how is my order delivered?

If you take the corresponding 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, subject to a few conditions: the failed exam must be the one matching your purchase; sitting the exam within 3 days of purchase does not qualify, since that leaves too little preparation time; downloading the material without actually taking the exam does not qualify; free materials and expired orders are excluded; and the candidate name must match the payer name. To apply, send a scanned copy of your enrollment slip together with your official Score Report (PDF) within 2 days after the exam, and claims are processed within 7 days. If you would rather not take a refund, you can exchange your purchase for two free products of equal value while keeping the update service on the product you originally bought. As for delivery, everything is an instant download: your products are sent to your email within one minute of payment — contact customer service if nothing arrives within 2 hours — and there is no limit on the number of computers you can install the software on.

What topics are covered in the 1z1-987 exam?

The official Oracle Cost Management Cloud 2017 Implementation Essentials syllabus is organized into 6 main domains. The first three are Security, Integration and Maintenance (15%), Cost Analysis and Reporting (15%), and Cost Processing and Calculations (20%). For the full domain-by-domain breakdown, see the complete Exam Topics outline above.

Oracle Cost Management Cloud 2017 Implementation Essentials Sample Questions:

Question #1
An invoice is created in a foreign currency. The invoice is not paid until several weeks later. By then, the currency conversion rate has changed.
How do you get the journal line rule to calculate the gain or loss?

A. Create a secondary ledger to track gain/loss.
B. Turn on the Subledger Gain or Loss Option.
C. Subledger Accounting is already set up to process it.
D. Create a foreign reporting currency to track gain/loss.

Question #2
At what level can you define item cost profiles?

A. 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.
B. Item cost profiles are defined within an inventory organization. There can be only one cost method for an inventory organization.
C. Cost profiles are ultimately defined at the item level. Different items within the same inventory organization can use different cost profiles.
D. Item cost profiles are defined at the cost organization level. All items within a cost organization must use the same cost profile.

Question #3
Landed Cost Variance Analysis can be performed based on which three dimension combinations?

A. Inventory Organization/Landed Cost Charge/Third Party Supplier
B. Item Category/Material Supplier/Landed Cost Charge
C. Business Unit/Landed Cost Charge/Cost Organization
D. Item Catalog/Inventory Organization/Business Unit
E. Item/Business Unit/Route

Question #4
Your customer wants to run a report to review account balances for both inventory valuation and cost of goods sold.
Which two Oracle Transactional Business Intelligence reports would you run so the customer can review these balances?

A. Inventory Valuation Report
B. Costing Balances Report
C. COGS Account Balances Report
D. Revenue and COGS Matching Report
E. Inventory Account Balances Report

Question #5
Identify two characteristics of a cost profile.

A. It is used for Receipt Accounting.
B. It is where you define your Cost Accounting policies.
C. It is where you define which cost method you want to use for the cost component to cost element mapping.
D. It is used for calculating the estimated cost of manufactured items under different scenarios.

Solutions: