In 2026, every staff member working on the 1z1-987 bank shares one goal: help each test-taker move steadily toward certification, whatever their background or schedule.
Oracle 1z1-987 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Cost Analysis and Reporting | - Reporting Tools
|
| Inventory and Supply Chain Costing | - Inventory Valuation
|
| Cost Management Cloud Overview | - Cost Management Fundamentals
|
| Cost Accounting and Costing Methods | - Cost Accounting Processes
|
Frequently Asked Questions About Oracle Cost Management Cloud 2017 Implementation Essentials
The Oracle Cost Management Cloud 2017 Implementation Essentials questions are written and organized by senior experts and experienced specialists so that your study time concentrates on the most test-relevant knowledge. Instead of spreading your effort across endless coverage, you practice what the 1z1-987 exam actually weighs, which raises your learning efficiency session by session.
The real 1z1-987 exam gives you 120 minutes minutes for 55-75 questions. Rehearsing under the same conditions on the Prep4away engine builds the pacing you will rely on.
- Inventory and Supply Chain Costing ()
- Cost Analysis and Reporting ()
- Cost Management Cloud Overview ()
Let the weights decide where your hours go first.
Three versions cover different working lives. The PDF downloads for learning at any time. The PC test engine runs on unlimited computers, so you can study on screens at home and at the workplace. The online engine works on any electronic equipment, with no device limit and offline use supported, so practice never depends on your location.
The package contains 70 practice questions for the 1z1-987 exam, all verified by senior experts and organized for focused, efficient revision.
Oracle Certification Registration: register for 1z1-987
Oracle Cost Management Cloud Training: Visit official page
Basic knowledge of Oracle Financials Cloud and Supply Chain Management Cloud is recommended.
Oracle Cost Management Cloud 2017 Implementation Essentials Sample Questions:
Your client wants to set up some of their items as expense items and then enable them to be accrued at period end for one of their business units.
Which two configurations will support this request?
- A. Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to At Receipt.
- B. Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at At Receipt.
- C. Product Information Item > Search and select the expense item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "Yes".
- D. Product Information Item > Search and select item > Specifications > Manufacturing > Verify that Inventory Asset Value is set to "No".
- E. Configure Procurement Business Function > Select the business unit > Set Select Receipt Close Point to Accrue at Period End.
- F. Manage Common Options for Payables and Procurement > Select the business unit > Expense Accruals > Set Accrue Expense Items to Period End.
Correct Answer: A,E 🗳️
Select the two valid relationships between subledger components.
- A. Journal entry rule sets hold journal rules and accounting rules.
- B. The accounting method groups journal entry rule sets by Event Class and Event Type.
- C. The accounting method holds the accounting rules by Event Class and Event Type.
- D. The journal lines hold the journal entry rule sets.
- E. Journal entry rules are used to hold accounting rules.
Correct Answer: A,E 🗳️
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You are trying to import the purchase order information into Receipt Accounting in the Schedule Process work area. Why can't you see this process?
- A. All purchase order information is included in the Transfer Transactions from Receiving to Costing process. There is no separate process.
- B. This process can only be scheduled and run from the Receipt Accounting work area
- C. You do not have the role to import purchase order information into Receipt Accounting.
- D. Purchase order information is automatically sent to Receipt Accounting using a real-time method
- E. Purchase order information should not be imported into Receipt Accounting.
Correct Answer: D 🗳️
A chart of accounts (COA) must be specified on the accounting method for which two situations?
- A. When account combination rules use constants
- B. When using segment rules
- C. When using ledgers that have unique accounting requirements
- D. When using account combination rules
- E. Every accounting method should have a COA.
Correct Answer: B,E 🗳️
Identify four reasons to use the set ID when defining Cost Accounting setups.
- A. You don't have to create any definitions for cost books.
- B. You have the option to share setup data across all cost organizations using the common set.
- C. You can control which definitions are visible to different cost organizations
- D. You can take advantage of the business unit-to-set ID mapping defined in Cost Accounting.
- E. You can streamline your setup effort.
- F. You can share definitions across multiple cost organizations.
Correct Answer: B,D,E,F 🗳️
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