1Z0-1074-20 Practice Exam

Oracle Cost Management Cloud 2020 Implementation Essentials

 1Z0-1074-20 Practice Exam
1Z0-1074-20 PDF 79 Questions
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Last Updated 29-May-2023
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Oracle 1Z0-1074-20 Practice Exam Questions and Answers, Oracle 1Z0-1074-20 Exam Dumps

All Oracle 1Z0-1074-20 certification exam dumps, study guide, training courses are created by a team of Oracle training experts. Myitguides.com's PDF and .EXM files contain realistic and relevant Oracle Cost Management Cloud 2020 Implementation Essentials practice test questions and answers. This 1Z0-1074-20 exam dumps, study guide and training courses help you study and pass your exam effortlessly!

Preparing and Passing the Oracle 1Z0-1074-20 Exam

As a student looking to enhance your skills and knowledge in the field of Oracle Cloud Infrastructure, taking the Oracle 1Z0-1074-20 exam is an excellent step towards achieving your goals. This article will guide you through the process of preparing for and successfully passing this exam, providing you with accurate and up-to-date information to ensure your success.

About the Oracle 1Z0-1074-20 Exam

The Oracle 1Z0-1074-20 exam, also known as the Oracle Cost Management Cloud 2020 Implementation Essentials, is designed to validate your understanding and proficiency in implementing Oracle Cost Management Cloud solutions. This exam is specifically tailored for individuals who possess a strong foundation in Oracle Cloud Infrastructure and are interested in specializing in cost management.

Exam Details

  • Exam Code: 1Z0-1074-20
  • Exam Title: Oracle Cost Management Cloud 2020 Implementation Essentials
  • Exam Format: Multiple Choice
  • Number of Questions: Varies (typically between 60-70 questions)
  • Passing Score: 65%
  • Exam Duration: 105 minutes
  • Exam Price: Check the Oracle website for the most up-to-date pricing information.

Exam Topics

The Oracle 1Z0-1074-20 exam covers a range of topics that are essential for implementing Oracle Cost Management Cloud solutions. It is crucial to have a comprehensive understanding of these topics before attempting the exam. The primary areas of focus include:

  1. Overview of Oracle Cloud Infrastructure and Cost Management
  2. Implementing Cost Accounting
  3. Managing Cost Organization Structures
  4. Performing Costing Activities
  5. Implementing Cost Rollup and Cost Analysis
  6. Working with Cost Accounting Periods
  7. Using Cost Management Reports and Inquiries
  8. Setting Up and Managing Cost Management Applications
  9. Configuring and Using Cost Management Integrations

Preparing for the Exam

To increase your chances of success in the Oracle 1Z0-1074-20 exam, it is crucial to establish a well-structured study plan and utilize appropriate resources. Here are some actionable tips to help you prepare effectively:

  1. Review the Official Exam Guide: Start by downloading the official exam guide provided by Oracle. This guide outlines the exam objectives and provides a blueprint for your preparation.
  2. Utilize Oracle Documentation: Oracle offers comprehensive documentation and resources on Oracle Cloud Infrastructure and Cost Management. Study the relevant documentation, whitepapers, and implementation guides to deepen your understanding of the exam topics.
  3. Take Training Courses: Consider enrolling in Oracle-approved training courses, which can provide you with valuable insights and hands-on experience. These courses are led by experienced instructors and cover the necessary concepts and best practices.
  4. Practice with Sample Questions: Familiarize yourself with the exam format and test your knowledge by solving sample questions. Oracle provides official sample questions that can give you a sense of the types of questions you may encounter in the actual exam.
  5. Join Online Communities: Engage with online forums, discussion boards, and communities where you can interact with other candidates and professionals. This allows you to exchange knowledge, seek guidance, and gain valuable insights.
  6. Hands-on Experience: Whenever possible, gain hands-on experience by working on real-world scenarios and projects related to Oracle Cost Management Cloud. This practical exposure will deepen your understanding and help you apply your knowledge effectively.
  7. Time Management: Develop effective time management strategies to ensure you cover all the exam topics adequately. Create a study schedule and allocate sufficient time to each subject based on its weightage in the exam.
  8. Revision and Practice Tests: Regularly revise the concepts you have learned and take practice tests to assess your progress. Identify your weak areas and focus on improving them.

Exam Day Tips

On the day of the exam, it's essential to be well-prepared and manage your time effectively. Here are some tips to help you make the most of your exam day:

  • Get a Good Night's Sleep: Ensure you have enough rest the night before the exam to be mentally alert and focused.
  • Arrive Early: Plan to arrive at the exam center well ahead of time to avoid any last-minute rush or stress.
  • Read the Questions Carefully: Take your time to read each question carefully and understand the requirements before selecting your answer.
  • Manage Your Time: Allocate time for each question based on its complexity. If you encounter a difficult question, make a note and come back to it later to avoid spending too much time on a single question.
  • Review Your Answers: If time permits, review your answers before submitting the exam. Look out for any mistakes or missed details.
  • Stay Calm and Confident: Maintain a positive mindset throughout the exam. Believe in your preparation and trust your abilities.


The Oracle 1Z0-1074-20 exam is a valuable opportunity for students to demonstrate their expertise in implementing Oracle Cost Management Cloud solutions. By following a well-structured study plan, leveraging relevant resources, and practicing with sample questions, you can increase your chances of passing the exam with flying colors. Remember to manage your time effectively during the exam and stay confident in your abilities. Good luck on your journey towards becoming a certified Oracle professional!


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