PDF Version DemoSecond-attempt candidates are the most honest judges of study material, and they keep choosing ActualPDF. The Oracle Financials Cloud: Receivables 2019 Implementation Essentials package offers 110 verified 1Z1-1056 practice questions for people who want the next attempt to be the last.
Oracle 1Z1-1056 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2019 Implementation Essentials |
| Exam Number: | 1Z0-1056 |
| Available Languages: | English |
| Passing Score: | 62% |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 60 |
| Related Certifications: | Oracle Financials Cloud Receivables 2019 Certified Implementation Specialist |
| Exam Price: | USD 245 |
| Exam Format: | Multiple Choice |
| Sample Questions: |  |
| Exam Way: | Pearson VUE testing center or Oracle online proctored exam delivery. |
| Pre Condition: | Oracle recommends knowledge of Oracle Financials Cloud and implementation experience. No mandatory prerequisite exam required. |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-receivables-2019-implementation-essentials/pexam_1Z0-1056 |
Oracle 1Z1-1056 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Transactions Processing | 20% | - Manage receivables transactions
|
| Topic 2: Receivables Configuration | 30% | - Implement receivables setup
|
| Topic 3: Enterprise Structure and Financial Setup | 10% | - Configure enterprise structures
|
| Topic 4: Period Close and Reporting | 20% | - Perform close and reporting activities
|
| Topic 5: Receipts and Collections | 20% | - Manage receipt lifecycle
|
Oracle 1Z1-1056 Exam: FAQ for Serious Candidates
Oracle Financials Cloud: Receivables 2019 Implementation Essentials is an official Oracle exam, listed under exam code 1Z1-1056. A passing result earns you the Oracle Financials Cloud certification at the Professional level. It also ties into Oracle Financials Cloud Receivables 2019 Certified Implementation Specialist, extending its value across your certification roadmap. Employers read this credential as verified competence, which is why it keeps appearing in job requirements.
Expect 60 questions inside 120 minutes on the Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam. That pace punishes hesitation, so rehearse it: the ActualPDF software engine simulates the real exam scene, reminds you of the questions you got wrong, and pushes you to re-practice them until the clock stops being your enemy.
Passing Oracle Financials Cloud: Receivables 2019 Implementation Essentials requires 62%, and the official registration fee is USD 245. Retakes charge the full USD 245 again, which is why experienced candidates treat preparation as the cheaper exam fee. Verify your readiness with repeated ActualPDF practice scores above the requirement before you commit to a date.
Oracle recommends knowledge of Oracle Financials Cloud and implementation experience. No mandatory prerequisite exam required.
Requirements evolve, so confirm the current conditions before registering on the official exam page.
Yes. ActualPDF provides a free download demo of the Oracle Financials Cloud: Receivables 2019 Implementation Essentials material, so you can check the content before choosing a version. After purchase, a one-year warranty covers you: the latest version is sent to you as it releases, free for 365 days, and after expiry you can extend the update service at a 50% discount.
Your purchase is covered by a 100% money-back guarantee with clear conditions. Take the Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam within 60 days of purchase; if you fail, provide your unqualified result by submitting a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and the full refund is processed within 7 days. The exam must match your product, candidate and payer names must match, and attempts within 3 days of purchase, unused downloads, free materials, and expired orders are not covered. Alternatively, exchange for two other exam products of equal value, free, or wait for updates while keeping your original product's update service.
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The Oracle Financials Cloud: Receivables 2019 Implementation Essentials syllabus spans 5 domains, led by Transactions Processing (20%), Receivables Configuration (30%), and Receipts and Collections (20%). The complete topic list is published above; candidates who study the map first rarely get lost later.
Oracle Financials Cloud: Receivables 2019 Implementation Essentials Sample Questions:
Question 1
You schedule print runs of transactions and balance forward bills according to the needs of your enterprise.
Which three statements are true? (Choose three.)
A. It is not recommended to print transactions and balance forward bills directly from BI Publisher.
B. If you have printed a transaction, the View Print button will not display a preview of the print.
C. If you have not printed a transaction, the View Print button (Preview of Print) displays the transaction according to the default template in BI Publisher.
D. Both the transaction, or each transaction in a balance forward bill, will be marked as printed in the system.
E. It is recommended that you always print directly from BI Publisher to give you more control over the templates in case you need to change them.
Question 2
Which is NOT a valid Infotile in the Accounts Receivables Work Area?
A. Unapplied Receipts
B. Unapplied Credits
C. Lockbox Exceptions
D. Unidentified Receipts
E. Receipt Batches
Question 3
Identify three activities that you can perform from the Collections Dashboard. (Choose three.)
A. View the Total Amount Due for delinquent customers.
B. Verify Customer Payments.
C. Update the work status of a work item for a delinquent customer.
D. Assign a Collector to a delinquent customer.
E. Record an activity to create a task or tasks to follow up on a delinquent customer.
Question 4
Which two statements are true about Accounting for Tax on Receivables? (Choose two.)
A. For Adjustments, if the receivable activity tax rate code source is Invoice, Receivables derive the tax account from auto-accounting.
B. For Adjustments, if the receivable activity tax rate code source is Invoice, Receivables use the tax account that is defined on the receivable activity.
C. For Credit memos, if the profile "AR: Use Invoice Accounting for Credit Memos" is set to No, Receivables derive the tax account from auto-accounting.
D. For Credit memos, if the profile "AR: Use Invoice Accounting for Credit Memos" is set to Yes, Receivables derive the item distribution from the invoice and the tax account from auto-accounting.
E. For Adjustments, if the receivable activity tax rate code source is Invoice, Receivables use the tax account of the tax code.
F. For Miscellaneous receipts, if the receivable activity tax rate code source is Activity for the activity type of Miscellaneous Cash, Receivables use the tax account that is defined on the receivable activity.
Question 5
You are the Billing Manager and you are responsible for reviewing adjustments and approving them.
Which two tabs are available in the Adjustments Overview Region on the Billing Work Area page? (Choose two.)
A. Pending My Approval
B. Approved
C. Pending Approval
D. Pending My Research
E. Pending Approval From Managers
Solutions:
| Question 1 Answer: C,D,E | Question 2 Answer: D | Question 3 Answer: C,D,E | Question 4 Answer: B,D | Question 5 Answer: A,D |
