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About Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam torrent
An efficient method beats a heroic effort. ExamsTorrent's 1Z1-1056 question bank gives you both structure and substance: 110+ Q&As covering the Oracle Financials Cloud: Receivables 2019 Implementation Essentials objectives with expert-verified answers, ready the minute you buy.
Oracle 1Z1-1056 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2019 Implementation Essentials |
| Exam Number: | 1Z0-1056 |
| Passing Score: | 62% |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Real Exam Qty: | 60 |
| Related Certifications: | Oracle Financials Cloud Receivables 2019 Certified Implementation Specialist |
| Exam Format: | Multiple Choice |
| Exam Price: | USD 245 |
| 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 |
|---|---|---|
| Receipts and Collections | 20% | - Manage receipt lifecycle
|
| Transactions Processing | 20% | - Manage receivables transactions
|
| Period Close and Reporting | 20% | - Perform close and reporting activities
|
| Enterprise Structure and Financial Setup | 10% | - Configure enterprise structures
|
| Receivables Configuration | 30% | - Implement receivables setup
|
What to Know Before Your 1Z1-1056 Exam Day
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The latest exam information lists 60 questions for the 1Z1-1056 exam within a 120 minutes-minute window. Practicing under those exact conditions is the best cure for exam-day surprises.
The Oracle Financials Cloud: Receivables 2019 Implementation Essentials blueprint is organized around these core domains:
- Enterprise Structure and Financial Setup (10%)
- Transactions Processing (20%)
- Period Close and Reporting (20%)
Further domains appear in the full official outline; the question bank covers all of them.
By fitting study into the cracks of a busy life. The 1Z1-1056 bank contains complete questions with expert-verified answers across the Oracle Financials Cloud: Receivables 2019 Implementation Essentials objectives, stored easily on your phone, pad, or computer for spare-time review β and the PDF prints cleanly when you prefer paper, because marking key points by hand genuinely enhances memory. Assess everything first through the free demo on our site, pay securely through the Credit Card system, and rest assured your personal information is never shared with third parties without permission.
Oracle specifies these prerequisites for the Oracle Financials Cloud: Receivables 2019 Implementation Essentials: Oracle recommends knowledge of Oracle Financials Cloud and implementation experience. No mandatory prerequisite exam required..
Check the authoritative wording on the official certification page before booking.
At present, the 1Z1-1056 exam requires a passing score of 62%, and registration costs USD 245. Oracle sets both figures and may adjust them, so verify on the official site before you schedule.
Oracle Financials Cloud: Receivables 2019 Implementation Essentials Sample Questions:
Identify two credit memo options. (Choose two.)
- A. Paid freight
- B. Paid amount only
- C. Invoice lines
- D. Advance
- E. Tax only
Correct Answer: C,E π³οΈ
What is required to register an external user to Bill Management?
- A. a customer account contact with the responsibility types bill to and ship-to
- B. a customer account contact with a valid mobile number
- C. a customer account contact with a valid email address
- D. a customer account contact with a valid mailing address
Correct Answer: A π³οΈ
One of the customers pays its bills electronically from their bank account (Direct debit).
Which process do you need to run in Receivables to initiate the transfer of funds from their bank account to your organization's bank account?
- A. Automatic Receipt Process
- B. Clear Receipts Automatically Process
- C. Lockbox Process
- D. Remittance Process
Correct Answer: D π³οΈ
Which two Collection Preferences can be selected as the default transaction class for the Transaction tab?
(Choose two.)
- A. Guarantee
- B. Charge Back
- C. Credit Memo
- D. Deposit
- E. Debit Memo
Correct Answer: C,E π³οΈ
A Billing Specialist runs the Create Automatic Billing Adjustments program to automatically adjust the remaining balance on open invoices, but some of the amounts have exceeded the Billing Specialist's approval limits.
What would be the result?
- A. The program can be run only if the amount is within the Billing Specialist's approval limits.
- B. The program creates the adjustments with a status of Pending Approval for the amount that exceeds the Billing Specialist's approval limits.
- C. The program creates the adjustments only for the amounts within the Billing Specialist's approval limits.
- D. The program creates the adjustments with a status of Rejected for the amount that exceeds the Billing Specialist's approval limits.
Correct Answer: B π³οΈ
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