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This exam has been stopped to register, new exam code replace: 1z0-1056-20
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This exam has been stopped to register, new exam code replace: 1z0-1056-20
Actual4Labs has an unprecedented 99.6% first time pass rate among our customers. We're so confident of our products that we provide no hassle product exchange.
Preparing for the 1Z0-1056 exam while working full time is a challenge, but Actual4Labs turns it into a structured process: 110 practice questions written by IT experts and certified trainers, aligned with the current Oracle Financials Cloud: Receivables 2019 Implementation Essentials objectives for 2026.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Enterprise Structure and Financial Setup | 10% | - Configure enterprise structures
|
| Topic 2: Receivables Configuration | 30% | - Implement receivables setup
|
| Topic 3: Period Close and Reporting | 20% | - Perform close and reporting activities
|
| Topic 4: Receipts and Collections | 20% | - Manage receipt lifecycle
|
| Topic 5: Transactions Processing | 20% | - Manage receivables transactions
|
Oracle recommends knowledge of Oracle Financials Cloud and implementation experience. No mandatory prerequisite exam required.
The 1Z0-1056 exam contains 60 questions and lasts 120 minutes minutes, so pacing matters as much as knowledge. Practicing under a real timer on Actual4Labs helps you learn how long to spend on each item.
The Oracle Financials Cloud: Receivables 2019 Implementation Essentials material is written by a group of IT experts and certified trainers. Beyond assembling verified questions, they organize the bank into a study strategy for candidates, so you always know which section to tackle next instead of paging through questions at random.
The online engine recreates the atmosphere of the formal test, so the real 1Z0-1056 exam feels familiar rather than intimidating. It runs on Windows, Mac, Android, and iOS, places no limit on the number of installations, and lets you review at any time and from any location, which fits naturally around an IT worker's schedule.
The passing score of 1Z0-1056 is 62%, and the official exam fee is USD 245. Knowing both numbers early helps you set a concrete target before you book the test.
This package includes 110 practice questions for the 1Z0-1056 exam. Every answer has been verified by our IT experts and certified trainers before release.
Study the sections in the order that matches your weakest areas first.
Which two statements are true about processing Receivables adjustments that impact tax amounts?
Correct Answer: B,D 🗳️
Which two initial tasks need to be completed in the Customer Account Profile page in order to generate and deliver XML invoices under the OAGIS (Open Applications Group Integration Specification) 10.1 format?
Correct Answer: A,D 🗳️
After a customer bankruptcy is approved, what happens in the Collections application?
Correct Answer: A 🗳️
A Billing Specialist creates an adjustment for an incorrect invoice that exceeds a user's approval limit.
What is the status of the adjustment?
Correct Answer: D 🗳️
If a receipt cannot be automatically matched or transaction information is not available, Receivables can use the AutoCash rule set.
In which three places is the rule set found? (Choose three.)
Correct Answer: B,C,E 🗳️
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