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Oracle 1z1-987 exam : Oracle Cost Management Cloud 2017 Implementation Essentials
- Exam Code: 1z1-987
- Exam Name: Oracle Cost Management Cloud 2017 Implementation Essentials
- Updated: Oct 27, 2026
- Q & A: 70 Questions and Answers
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About Oracle 1z1-987 Exam Braindumps
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Oracle 1z1-987 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Cost Management Cloud 2017 Implementation Essentials |
| Exam Number: | 1Z0-987 |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 70 |
| Related Certifications: | Oracle Cost Management Cloud 2019 Implementation Essentials (1Z0-1074) Oracle Cost Management Cloud 2022/2024 Implementation Professional (1Z0-1074-22 / 1Z0-1074-24) |
| Sample Questions: |  |
| Exam Way: | Computer-based testing at Pearson VUE or Oracle MyLearn platform |
| Official Syllabus URL: | https://education.oracle.com/exam_test |
Oracle 1z1-987 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Cost Accounting Concepts | - Configure costing methods (standard, actual, perpetual) - Cost Accounting work area - Cost Organization and Cost Books setup |
| Receipt Accounting | - Manage receipt related accounting tasks - Receipt Accounting work area - Accrue at receipt vs period end processing |
| Standard Costs and Cost Scenarios | - Roll up and publish standard costs - Analyze and resolve cost variances - Create and manage cost scenarios |
| Introduction to Cost Management Cloud | - Purpose and scope of Cost Management - Integration with other Oracle Cloud SCM modules |
| Landed Cost Management | - Configure Landed Cost reference types - Manage routes and charge names |
| Subledger Accounting Integration | - Configure accounting methods and rules - Journal line and entry rule sets |
Answers to Common 1z1-987 Exam Questions
Computer-based testing at Pearson VUE or Oracle MyLearn platform Register for the Oracle Cost Management Cloud 2017 Implementation Essentials exam through these official channels:
With your exam date confirmed, the 70 practice questions from Exam4PDF — delivered by email within 1 minute — turn the waiting weeks into structured preparation.
Per the official outline, the Oracle Cost Management Cloud 2017 Implementation Essentials exam spans 6 domains, led by Receipt Accounting, Introduction to Cost Management Cloud, and Cost Accounting Concepts. The complete breakdown is in the topics section above; the 70 practice questions at Exam4PDF cover all of it.
Oracle publishes current fees and passing scores on its official pages; check them when budgeting for your attempt.
The 1z1-987 exam is a Oracle certification exam covering the Oracle Cost Management Cloud 2017 Implementation Essentials syllabus outlined above. It contributes to these credential paths: Oracle Cost Management Cloud 2019 Implementation Essentials (1Z0-1074), Oracle Cost Management Cloud 2022/2024 Implementation Professional (1Z0-1074-22 / 1Z0-1074-24). In a competitive market, a Oracle credential signals verified capability to employers — which is why candidates keep choosing it in 2026. Exam4PDF prepares you with 70 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.
Then the written refund policy applies. If you take the Oracle Cost Management Cloud 2017 Implementation Essentials exam within 60 days of purchase and do not pass, Exam4PDF refunds you in full. The policy excludes exams taken within 3 days of purchase, exams never actually taken, free materials, and expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Prefer to keep going? Exchange for two free exam products of equal value and retain your original update service. Delivery is by email within 1 minute of purchase — contact support if nothing arrives within 2 hours.
Oracle recommends these training resources for the Oracle Cost Management Cloud 2017 Implementation Essentials exam:
Pair official training with the 70 practice questions from Exam4PDF to convert study time into exam readiness — especially effective when you are fitting preparation into fragmented hours.
Expect 70 in 120 minutes on the Oracle Cost Management Cloud 2017 Implementation Essentials exam. The Exam4PDF Desktop Test Engine reproduces this environment — real timing, exam-style flow — so the actual test day feels like a rehearsal you have already done.
Everything you need in one purchase: 70 practice questions for the Oracle Cost Management Cloud 2017 Implementation Essentials exam across three formats — a printable, expert-prepared PDF with instant download; a Desktop Test Engine for Windows that simulates the real exam environment with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS, complete with test history and performance review. Also included: a free demo, 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
Oracle sets the entry requirements for the Oracle Cost Management Cloud 2017 Implementation Essentials exam. Review the current version on the official Oracle exam page ahead of registration.
Oracle Cost Management Cloud 2017 Implementation Essentials Sample Questions:
Question #1
Your client originally used Quick Setup to configure Cost Accounting However, after reviewing their costing policies, they realize that they want to cost some of their lots differently then others What must they do to accomplish this?
- A. Quick Setup generates one valuation unit so they can access this to make changes and manually create new valuation units.
- B. They must create their valuation units manually.
- C. Quick Setup generates valuation units so they just have to access those valuation units and make their changes.
- D. They cannot change their current configuration; data generated by Quick Setup cannot be changed.
Correct Answer: D 🗳️
Question #2
Your customer has a defined financial route that is not the same as the physical route in that it involves intermediate nodes (internal business units) that are not part of the physical supply chain.
Which pair of tasks are required to define and associate routes in Landed Cost Management?
- A. Define the route in Functional Setup Manager and associate with Trade Operations in Landed Costs
- B. Define the route In Cost and Profit Planning and associate with Trade Operations in Landed Costs
- C. Define the route in Cost and Profit Planning and associate with the Trade Operations Template in Landed Costs.
- D. Define the route in Landed Costs and associate with the Trade Operations Template in Landed Costs.
- E. Define the route in Functional Setup Manager and associate with Manage Charge Invoice Associations in Landed Costs
Correct Answer: C 🗳️
Question #3
You are explaining the characteristics of a "profit in inventory" cost element to a client. Which three statements describe true characteristics of this cost element?
- A. It can help you understand true margins and value added by internal business units through the internal supply chain.
- B. It is only used when you do not need to maintain an arm's length relationship.
- C. It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in different business units.
- D. It can help you with consolidated financial reporting.
- E. It is a special type of cost element that helps you keep track of internal markups when inventory is transferred between inventory organizations that are in the same business unit.
Correct Answer: C,D,E 🗳️
Question #4
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. Turn on detailed posting for GL in the ledger setup.
- C. Write a custom report.
- D. Turn off the summarize flag in the journal line rule.
- E. Extract distribution accounting entries.
Correct Answer: C 🗳️
Question #5
Which three tasks can be completed in the Receipt Accounting work area?
- A. Review and Approve Item Cost Profiles
- B. Review Item Costs
- C. Create Receipt Accounting Distributions
- D. Review Cost Accounting Distributions
- E. Create Accounting
- F. Manage Accrual Clearing Rules
Correct Answer: C,D,F 🗳️
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