Oracle 1Z1-1056 valid study dumps : Oracle Financials Cloud: Receivables 2019 Implementation Essentials

  • Exam Code: 1Z1-1056
  • Exam Name: Oracle Financials Cloud: Receivables 2019 Implementation Essentials
  • Updated: Sep 16, 2026
  • Q&As: 110 Questions and Answers

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About Oracle Financials Cloud: Receivables 2019 Implementation Essentials - 1Z1-1056 Valid Dumps

Exam nerves usually come from unfamiliarity, and unfamiliarity is fixable. Rehearse the Oracle Financials Cloud: Receivables 2019 Implementation Essentials experience in the ValidDumps test engines until the 1Z1-1056 format, timing, and question style all feel like home turf.

Oracle 1Z1-1056 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Receivables 2019 Implementation Essentials
Exam Number:1Z0-1056
Exam Price:USD 245
Available Languages:English
Exam Duration:120 minutes
Passing Score:62%
Real Exam Qty:60
Related Certifications:Oracle Financials Cloud Receivables 2019 Certified Implementation Specialist
Exam Format:Multiple Choice
Sample Questions:Free Download real 1Z1-1056 valid dumps
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:

SectionWeightObjectives
Topic 1: Transactions Processing20%- Manage receivables transactions
  • 1. Invoices, debit memos, and credit memos
  • 2. AutoInvoice processing
  • 3. Transaction accounting
Topic 2: Enterprise Structure and Financial Setup10%- Configure enterprise structures
  • 1. Business units and legal entities
  • 2. Ledger and accounting configuration
Topic 3: Receipts and Collections20%- Manage receipt lifecycle
  • 1. Lockbox processing
  • 2. Receipt entry and application
  • 3. Collections management
Topic 4: Receivables Configuration30%- Implement receivables setup
  • 1. Customer profile classes
  • 2. Receivables system options
  • 3. Receipt classes and methods
  • 4. Transaction types
Topic 5: Period Close and Reporting20%- Perform close and reporting activities
  • 1. Period close process
  • 2. Reconciliation and analysis
  • 3. Receivables reporting

1Z1-1056 (Oracle) Exam: Your Questions Answered

Oracle Financials Cloud: Receivables 2019 Implementation Essentials is an official Oracle exam, catalogued under the code 1Z1-1056. A pass awards you the Oracle Financials Cloud certification at the Professional level. It also supports progress toward Oracle Financials Cloud Receivables 2019 Certified Implementation Specialist. Demand for this credential has stayed strong because it validates skills employers can use from day one.

The Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam packs 60 questions into 120 minutes. Candidates rarely fail because of one impossible topic; they fail because ten minutes vanished on three stubborn questions. Build a triage habit now: answer, flag, move on, return later. Timed full-length sessions in the ValidDumps test engine are the most honest way to practice that discipline before it counts.

You pass Oracle Financials Cloud: Receivables 2019 Implementation Essentials at 62%, and the official registration fee stands at USD 245. One detail worth internalizing: there is no retake discount, so a second sitting costs another full USD 245. Use the ValidDumps practice tests as your gauge and book only when your results clear the requirement with a repeatable margin, not a one-off peak.

Oracle recommends knowledge of Oracle Financials Cloud and implementation experience. No mandatory prerequisite exam required.

Vendor policies shift over time, so confirm the current entry conditions before paying any registration fee; the official exam page is the authoritative source.

Yes. A free demo of the Oracle Financials Cloud: Receivables 2019 Implementation Essentials material is available on this page, so you can verify the quality of the questions and the expert-edited answers yourself. Once you purchase, updates are free for 365 days and the newest version is emailed to you automatically as it releases; after expiry, extending the update service costs 50% of the regular price.

A 100% money-back guarantee covers your purchase under defined conditions. If you take the Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam within 60 days of buying and fail, you can claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders, and the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, you may exchange rather than refund: two other exam products of equal value, free, with the update service on your original purchase kept intact.

Delivery is instant: files unlock for download upon successful payment and are automatically emailed to you within one minute. If nothing arrives within 2 hours, check spam and contact us by email or online service. Installation is unlimited across your computers.

Oracle Financials Cloud: Receivables 2019 Implementation Essentials spans 5 official domains. The most heavily weighted include Period Close and Reporting (20%), Transactions Processing (20%), and Receivables Configuration (30%). The full topic list is published above on this page; let the weightings decide where your next study hour goes.

Oracle Financials Cloud: Receivables 2019 Implementation Essentials Sample Questions:

Question #1

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. Remittance Process
  • B. Lockbox Process
  • C. Clear Receipts Automatically Process
  • D. Automatic Receipt Process
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

Company ABC wants their logo displayed in all customer invoices. How do you meet this business requirement?

  • A. Enable the setting "Allow Change to Printed Transactions" in Receivables System Options.
  • B. Use Web Services to integrate with an external system that can handle this requirement.
  • C. Extend the "Print Receivables Transactions" program.
  • D. Modify the Invoice Print Layout Bill Presentment Template.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #3

Which setup is required to ensure that the same tax is applied on both intercompany payable and intercompany receivable invoices?

  • A. Receiver and provider business units and legal entities must be subscribed to the applicable tax regime on the transaction date.
  • B. Intercompany invoicing must be enabled in Payables Invoice Options.
  • C. Same tax rate code must be populated in Intercompany System Options for both Payables and Receivables invoices.
  • D. Intercompany invoicing must be enabled in Receivables System Options.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #4

Which transactions are included when transactions of specified customers are selected in the Create Balance Forward Billing Program?

  • A. transactions that were included in a previous Balance Forward Bill
  • B. transactions that have the selected payment terms
  • C. transactions that have the Print Option set to Do Not Print
  • D. transactions have a Bill Type of Imported
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

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 creates the adjustments with a status of Rejected for the amount that exceeds the Billing Specialist's approval limits.
  • B. The program creates the adjustments only for the amounts within the Billing Specialist's approval limits.
  • C. The program creates the adjustments with a status of Pending Approval for the amount that exceeds the Billing Specialist's approval limits.
  • D. The program can be run only if the amount is within the Billing Specialist's approval limits.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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