Exam Name: Oracle Financials Cloud: Receivables 2022 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Financials Cloud
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- Total Questions: 156
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Oracle 1z0-1056-22 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2022 Implementation Professional |
| Exam Number: | 1Z0-1056-22 |
| Exam Format: | Multiple Answer, Multiple Choice |
| Exam Price: | USD $245 |
| Related Certifications: | Oracle Financials Cloud Certification Oracle Financials Cloud: Receivables 2022 Implementation Professional Credential |
| Exam Duration: | 90 minutes |
| Passing Score: | 68% |
| Certificate Validity Period: | Oracle Cloud Certifications are typically valid for 18 months to 2 years depending on Oracle certification policy |
| Real Exam Qty: | 55 |
| Available Languages: | English |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored exam or test center delivery through Oracle Certification Program. |
| Pre Condition: | Oracle recommends implementation experience with Oracle Financials Cloud Receivables. No mandatory prerequisite exam is required. |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-receivables-2022-implementation-professional/pexam_1Z0-1056-22 |
Oracle 1z0-1056-22 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Collections, Adjustments and Period Close | 10% | - Receivables Management
|
| Topic 2: Receipts and Cash Management | 20% | - Receipt Processing
|
| Topic 3: Enterprise Structure and Receivables Foundations | 15% | - Configure Business Units and Ledgers
|
| Topic 4: Reporting and Analytics | 10% | - Receivables Reporting
|
| Topic 5: Transactions and Billing | 25% | - Receivables Transaction Processing
|
| Topic 6: Customers and Customer Account Configuration | 20% | - Customer Management
|
Inside Our Oracle Financials Cloud: Receivables 2022 Implementation Professional Practice Package
This package includes 156 practice questions for the Oracle Financials Cloud: Receivables 2022 Implementation Professional exam. Every answer is verified by an experienced team of experts, so you can trust what you study.
The Oracle Financials Cloud: Receivables 2022 Implementation Professional exam requires a score of 68% to pass, and the official registration fee is USD $245. Factoring in both before you start helps you plan the full cost of certification.
One purchase covers the full journey: three versions of the material (PDF, PC test engine, and online version), a free demo to try before buying, 365 days of free updates delivered automatically, and customer service you can reach whenever a question comes up. Nothing essential is sold separately.
The Oracle Financials Cloud: Receivables 2022 Implementation Professional practice questions are organized around the official exam objectives. Key topics include:
- Enterprise Structure and Receivables Foundations (15%)
- Transactions and Billing (25%)
- Collections, Adjustments and Period Close (10%)
Keeping your revision mapped to these objectives makes every session productive.
Yes. Candidates who come back for additional certifications receive discounts when they buy further practice packages. If you already hold one of our products, ask our staff about the current returning-customer offer before your next purchase.
Oracle recommends implementation experience with Oracle Financials Cloud Receivables. No mandatory prerequisite exam is required.
You can confirm the current eligibility requirements on the official 1z0-1056-22 exam page before you register.
The Oracle Financials Cloud: Receivables 2022 Implementation Professional exam contains 55 questions, and you will have 90 minutes minutes to complete them. Training against the same volume of questions prepares both your knowledge and your pace.
Oracle Financials Cloud: Receivables 2022 Implementation Professional Sample Questions:
As a Billing Manager you are responsible for reviewing adjustments and approving them. Which action is not available in the "Approve Adjustments" page?
- A. Request Information
- B. Reassign
- C. Edit
- D. Approve
- E. Reject
Correct Answer: B 🗳️
A Cloud client has a requirement to process the most precise revenue recognition schedule.
Which revenue schedule would you use to achieve this requirement?
- A. Variable rate
- B. Daily Revenue rate - Partial Periods
- C. Period end rate
- D. Fixed Rate
- E. Daily Revenue Rate - All periods
Correct Answer: E 🗳️
When using lockbox to process customer payments, which two tables are used in the upload? (Choose two.)
- A. RA_INTERFACE_PAYMENTS_ALL
- B. AR_INTERIM_CASH_RECEIPTS_ALL
- C. AR_INTERFACE_INTERIM_LINES_ALL
- D. AR_PAYMENTS_INTERFACE_ALL
Correct Answer: B,D 🗳️
Which three Infotiles can be seen in the Accounts Receivables work area? (Choose three.)
- A. Receipt Batches
- B. Activities
- C. Unapplied Credits
- D. Unapplied Receipts
- E. Unidentified Receipts
Correct Answer: A,C,D 🗳️
Which three benefits do intercompany reconciliation reports provide to an accountant?
- A. Identifying transaction portions (either receiver or provider side) that have not posted to General Ledger.
- B. Comparing receivables and payables account balances and identifying discrepancies.
- C. Displaying clearing company balancing lines.
- D. Displaying intercompany receivables and payables balancing lines.
Correct Answer: A,B,D 🗳️
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