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  • Exam Code: 1Z0-1056
  • Exam Name: Oracle Financials Cloud: Receivables 2019 Implementation Essentials
  • Updated: Oct 16, 2026
  • Q & A: 110 Questions and Answers
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    Printable Oracle 1Z0-1056 PDF Format. It is an electronic file format regardless of the operating system platform.
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  • PDF Price: $59.99
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  • Exam Code: 1Z0-1056
  • Exam Name: Oracle Financials Cloud: Receivables 2019 Implementation Essentials
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  • Exam Code: 1Z0-1056
  • Exam Name: Oracle Financials Cloud: Receivables 2019 Implementation Essentials
  • Updated: Oct 16, 2026
  • Q & A: 110 Questions and Answers
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Oracle 1Z0-1056 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Receivables 2019 Implementation Essentials
Exam Number:1Z0-1056
Available Languages:English
Exam Price:USD 245
Real Exam Qty:60
Related Certifications:Oracle Financials Cloud Receivables 2019 Certified Implementation Specialist
Exam Format:Multiple Choice
Exam Duration:120 minutes
Passing Score:62%
Sample Questions:Free Download 1Z0-1056 Prep4sure 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 1Z0-1056 Exam Syllabus Topics:

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

The Honest Oracle Financials Cloud: Receivables 2019 Implementation Essentials FAQ

The 1Z0-1056 exam is how Oracle decides who earns the Oracle Financials Cloud certification, positioned at the Professional level. It checks whether you can apply the Oracle Financials Cloud: Receivables 2019 Implementation Essentials objectives to realistic problems — the skill employers are actually hiring for. It also sits within a broader certification ecosystem covering Oracle Financials Cloud Receivables 2019 Certified Implementation Specialist, so the effort compounds across your career. In a crowded global market, that badge is a competitive edge you can point to.

The Oracle Financials Cloud: Receivables 2019 Implementation Essentials blueprint spans 5 domains, led by Transactions Processing (20%), Receipts and Collections (20%), and Receivables Configuration (30%). Use the weightings as a budget: heavier domains earn heavier slices of your week. The full topic breakdown is in the exam topics section above — plan against it, not against hunches.

The Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam fits 60 questions into 120 minutes. Do the arithmetic before test day: minutes divided by questions is your per-item budget, and anything eating double its budget gets flagged for the end-of-exam sweep. Rehearse the pacing against a live timer — every Prep4SureReview engine session enforces one — until finishing with spare review time is routine.

Passing Oracle Financials Cloud: Receivables 2019 Implementation Essentials takes 62%, and each attempt costs USD 245 — retakes included, at full price. The rational strategy is arriving over-prepared: drill with Prep4SureReview practice questions until your timed scores clear the mark several sessions running, then register. You're not being timid; you're refusing to buy the same exam twice.

Oracle lists the Oracle Financials Cloud: Receivables 2019 Implementation Essentials question formats as: Multiple Choice. Format shapes tactics — find the real question sentence inside long scenario stems before reading the details, and re-verify every selection on multi-answer items. Prep4SureReview's 110 practice questions exercise these formats until they feel like old acquaintances.

The 1Z0-1056 exam is available in English. Choose whichever language keeps your reading fastest under the clock — in a timed exam, slow comprehension taxes every single question. Testing in English? Daily work with Prep4SureReview's English 1Z0-1056 practice questions doubles as terminology training.

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Many candidates mix them — PDF for notes, an engine for timed rehearsal.

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Oracle Financials Cloud: Receivables 2019 Implementation Essentials Sample Questions:

Question #1

The Billing Manager has navigated to the Billing work area to complete a transaction. The Incomplete Transactions Overview Region on the Billing Work Area page has a drilldown option through a column to complete the transaction.
Identify the column.

  • A. Transaction Class
  • B. Transaction Number
  • C. Transaction Date
  • D. Transaction Source
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

Identify two credit memo options. (Choose two.)

  • A. Paid amount only
  • B. Invoice lines
  • C. Paid freight
  • D. Tax only
  • E. Advance
Reveal Solution  Discussion  0

Correct Answer: B,D  🗳️

Question #3

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. Both the transaction, or each transaction in a balance forward bill, will be marked as printed in the system.
  • B. It is not recommended to print transactions and balance forward bills directly from BI Publisher.
  • C. If you have printed a transaction, the View Print button will not display a preview of the print.
  • D. 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.
  • 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.
Reveal Solution  Discussion  0

Correct Answer: A,D,E  🗳️

Question #4

Which three benefits do intercompany reconciliation reports provide to an accountant?

  • A. Comparing receivables and payables account balances and identifying discrepancies.
  • B. Displaying intercompany receivables and payables balancing lines.
  • C. Displaying clearing company balancing lines.
  • D. Identifying transaction portions (either receiver or provider side) that have not posted to General Ledger.
Reveal Solution  Discussion  0

Correct Answer: A,B,D  🗳️

Question #5

What do you need to total in order to find the total transaction price for a customer contract that is calculated by Revenue Management?

  • A. the selling price for all performance obligations in the customer contract
  • B. the extended SSP amounts for all performance obligations in the customer contract
  • C. the allocated amount for all performance obligations in the customer contract
  • D. the billing amount for all performance obligations in the customer contract
  • E. the SSP amounts for all performance obligations in the customer contract
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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