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Oracle 1z0-1074-23 Dumps Questions Answers

Exam Code: 1z0-1074-23
Exam Name: Oracle Cost Management Cloud 2023Implementation Essentials
Last Update: Jun 17, 2024
79 Questions Answers with Explanation Detail
Testing Engine (only)
Format: Testing Engine
PDF + Testing Engine
Format: PDF + Testing Engine
PDF (only)
Format: PDF

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Oracle 1z0-1074-23 Exam Dumps FAQs

The Oracle 1z0-1074-23 Oracle Cost Management Cloud 2023 Implementation Essentials exam is a certification test designed to validate the skills and knowledge of IT professionals in implementing cost management solutions using Oracle's cloud services. This exam targets professionals who are involved in finance and operations roles, aiming to certify their expertise in setting up, managing, and optimizing Oracle Cost Management Cloud services. Key skills assessed in this examination include:
  1. Understanding the foundational concepts of Oracle Cost Management Cloud.
  2. Implementing and configuring the solution according to business requirements.
  3. Managing and optimizing cost processes to enhance financial efficiency and reporting accuracy.
  4. Navigating through the application's features to perform cost analysis and control.
This certification is essential for professionals seeking to prove their capabilities in leveraging Oracle Cloud technologies for effective cost management, ensuring they are equipped with the latest strategies and tools for financial optimization. By passing this exam, candidates demonstrate their commitment to excellence and readiness to contribute significantly to their organizations' financial health.
Earning the 1z0-1074-23 Oracle Cost Management Cloud 2023 Implementation Essentials certification offers numerous career benefits, positioning professionals for success in the evolving landscape of cloud finance management.
  • Increased Salary Potential: Certified professionals often see a significant salary increase, with Oracle certifications leading to an average of 7% higher pay compared to non-certified counterparts. This certification specifically demonstrates expertise in a niche area, potentially commanding even higher premiums.
  • Enhanced Job Opportunities: The demand for skilled professionals in Oracle Cloud solutions is growing. With this certification, candidates stand out when applying for roles such as Cost Analysts, Financial Controllers, and Cloud Solutions Architects, especially in organizations leveraging Oracle Cost Management Cloud services.
  • Career Advancement: Holding a specialized certification like the 1z0-1074-23 signifies a commitment to professional development and mastery of specific skills. This can accelerate career progression, opening doors to senior management positions or specialized consulting roles within the field of cloud cost management and financial analysis.
  • Professional Network Expansion: Becoming certified connects you with a global community of Oracle professionals and experts. This network can be invaluable for discovering new job opportunities, staying abreast of industry trends, and continuous learning.
By aligning with the rapidly growing sector of cloud finance management, obtaining the 1z0-1074-23 certification paves the way for enhanced professional credibility, marketability, and overall career growth within high-demand areas of technology and finance.

Oracle 1z0-1074-23 Exam Format and Duration

Oracle 1z0-1074-23: Oracle Cost Management Cloud 2023 Implementation Essentials Exam Format and Duration

  • Type of Questions: Multiple Choice
  • Number of Questions: Approximately 55 to 65 questions (exact number may vary)
  • Total Exam Duration: 120 minutes (2 hours)
  • Passing Score: Varies, as it is subject to change. Candidates should verify the current passing score requirement from the official Oracle website.
  • Languages: The exam is primarily administered in English.

Note: The above information reflects the format and duration specific to the Oracle 1z0-1074-23 exam as per the latest updates. Candidates are advised to check the official Oracle Certification website for any changes or updates before scheduling their exam.

  • Understanding of the business processes associated with cost management and accounting.
  • Knowledge of Oracle Cloud Financials concepts, which can be gained through relevant training courses or equivalent experience in Oracle Financials Cloud solutions.
  • Prior experience with Oracle Cost Management Cloud is highly recommended but not strictly required. Practical exposure to the system will significantly aid in understanding the exam material.
  • There are no mandatory prerequisites such as prior certifications or specific educational qualifications formally listed by Oracle for taking the 1z0-1074-23 exam. However, candidates are expected to have a solid foundational knowledge of the application they are getting certified on.

The cost for the Oracle 1z0-1074-23 Oracle Cost Management Cloud 2023 Implementation Essentials exam is approximately $245. This fee applies to most regions but may vary slightly depending on the country in which you're taking the exam.

  • Registration Fee: The primary expense is the registration fee of approximately $245.
  • Additional Costs: There might be additional costs related to preparation materials or courses, though these are optional and vary widely based on the provider.
  • Retake Fees: In case you need to retake the exam, expect to pay the full registration fee again. Oracle typically does not offer discounted retakes.

Note that prices are subject to change, and it's advisable to check the official Oracle website or contact them directly for the most current exam fees and any promotional offers that may apply.

The 1z0-1074-23 Oracle Cost Management Cloud 2023 Implementation Essentials certification remains valid indefinitely after successful completion. Unlike some certifications that require periodic renewal or continuing education to maintain validity, this particular certification does not have an expiration date. Therefore, once you earn this credential, it will remain a part of your professional qualifications permanently.

However, it is important to note:

  • Oracle may introduce new versions of the certification as the technology evolves.
  • Professionals are encouraged to update their knowledge and consider pursuing newer versions of the certification to stay current with technological advancements.

To effectively prepare for the Oracle 1z0-1074-23 Oracle Cost Management Cloud 2023 Implementation Essentials exam, following a structured approach is crucial. Here's a comprehensive guide focusing on leveraging resources from, a premier platform offering high-quality exam preparation materials.

  • Understand the Exam Structure: Begin by familiarizing yourself with the exam format and syllabus directly on Knowing what to expect can significantly boost your confidence.
  • Study with High-Quality Materials: Utilize the Oracle 1z0-1074-23 Exam Questions and Answers available in both PDF and Testing Engine formats at These resources contain real questions and are curated by experts to align closely with the actual exam content.
  • Create a Study Plan: Allocate specific times for studying different sections of the material available on A structured plan ensures you cover all necessary topics efficiently.
  • Practice Regularly: Consistent practice with the Testing Engine on will help you gauge your understanding and readiness for the exam. The more you practice, the better you'll perform.
  • Analyze Your Performance: After each practice session, take time to review your results. Focus on areas where you're struggling and review relevant materials on to improve.
  • Stay Updated: Ensure you're working with the most current version of study materials by checking updates on regularly. Staying updated is key to ensuring your knowledge is aligned with the latest exam standards.

In conclusion, leveraging high-quality resources from, including their Oracle 1z0-1074-23 PDFs and Testing Engine, provides a comprehensive foundation for success in the Oracle Cost Management Cloud 2023 Implementation Essentials exam. By following this structured approach, candidates can enhance their preparation journey and significantly increase their chances of passing this challenging certification exam.

The recommended study time for the 1z0-1074-23 Oracle Cost Management Cloud 2023 Implementation Essentials exam varies significantly based on several factors, including your prior knowledge of Oracle solutions, experience with cost management systems, and your learning pace. For individuals new to Oracle Cloud services or those who prefer a more thorough preparation, dedicating 100-150 hours of study might be necessary. Conversely, those with substantial experience in using or implementing Oracle Cost Management Cloud solutions could find that 60-80 hours of focused study is sufficient.

  • Assess your current level of expertise and familiarity with the exam topics.
  • Consider your preferred pace of learning - whether you absorb material quickly or need more time to understand complex concepts.
  • Adjust your study schedule based on your desired level of preparedness. Some may aim for a high score and thus might invest more time in preparation.

Ultimately, the importance lies in tailoring your study plan to fit your personal needs and ensuring you feel confident and well-prepared by exam day. Remember, quality matters more than quantity; focus on understanding the concepts rather than just memorizing them.

Choosing ExamTrack for your 1z0-1074-23 Oracle Cost Management Cloud 2023 Implementation Essentials preparation offers numerous advantages. The study materials provided are structured and compiled meticulously to ensure comprehensive coverage of the syllabus. High-quality braindumps, which are regularly updated to reflect the latest exam requirements, form a core component of the resources available.

  • High-Quality Braindumps: Access to premium braindumps that mimic the actual exam format, ensuring you're well-prepared for what to expect.
  • Up-to-date Material: The content is continuously updated to match the latest exam standards, providing you with relevant study material.
  • PDF and Testing Engine: Offers both PDF formats for study flexibility and a Testing Engine to experience real exam scenarios, enhancing your readiness.
  • Expert Guidance: Benefit from guidance by experienced instructors who have curated and compiled the exam material effectively.
  • Access to Real Questions and Answers: Get hands-on practice with real exam questions and answers, boosting your confidence and ability to tackle exam challenges efficiently.

This combination of features ensures a well-rounded preparation strategy, increasing your chances of success in achieving certification on your first attempt.

Enroll in Oracle 1z0-1074-23 Exam Course at

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  4. Select your desired package:
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  5. Click on 'Add to cart' button of your chosen package.
  6. Select your preferred payment method.
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Upon successful payment, you will gain access to all materials associated with your chosen exam preparation package.

Examstrack is a reliable platform that offers comprehensive study materials for the Oracle 1z0-1074-23 exam. This includes a dependable study guide that covers all the necessary topics, as well as free web-based online questions to help you practice and assess your understanding of the subject matter. To get a free trial of these resources, follow these steps:

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1z0-1074-23 Ratings & Reviews

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1z0-1074-23 Overview

Exam Attribute Value
Exam Code 1z0-1074-23
Exam Name Oracle Cost Management Cloud 2023 Implementation Essentials
Description This exam assesses your ability to manage landed costs, subledger accounting, cost scenarios, costing methods, and Project Enabled Supply Chain within Oracle Cost Management Cloud. You'll also be tested on receipt accounting processes and analyzing standard cost variances.
Exam Structure Value
Number of Questions 55
Question Format Multiple Choice
Duration 90 minutes
Passing Score 62%
Content Domains
  • Cost Management Cloud Concepts and Architecture (Weight percentage unavailable)
  • Managing Cost Objects and Hierarchies (Weight percentage unavailable)
  • Cost Accounting and Integration (Weight percentage unavailable)
  • Managing Cost Scenarios and Methods (Weight percentage unavailable)
  • Project Costing and Subledger Accounting (Weight percentage unavailable)
  • Landed Cost Management (Weight percentage unavailable)
  • Receipt Accounting and Standard Cost Variances (Weight percentage unavailable)

1z0-1074-23 Q&A's Detail

Exam Code:
Total Questions:
79 Q&A's
Single Choice Questions:
36 Q&A's
Multiple Choice Questions:
43 Q&A's

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