Passing exam with 1Z1-1056 latest training materials
Prepare and pass exam with our Oracle 1Z1-1056 training material, here you will achieve your dream easily With TrainingQuiz!
Last Updated: Sep 23, 2026
No. of Questions: 110 Questions & Answers with Testing Engine
Download Limit: Unlimited
The professional and accurate 1Z1-1056 Training Materials with the best precise contents is helping canidates pass for sure!
Pass your exam with latest TrainingQuiz 1Z1-1056 Training Materials just one-shot. All the core contents of Oracle 1Z1-1056 exam trianing material are helpful and easy to understand, compiled and edited by the experienced experts team, which can assist you to face the difficulties with good mood and master the key knowledge easily, and then pass the Oracle 1Z1-1056 exam for sure.
100% Money Back Guarantee
TrainingQuiz 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.
- Best exam practice material
- Three formats are optional
- 10 years of excellence
- 365 Days Free Updates
- Learn anywhere, anytime
- 100% Safe shopping experience
- Instant Download: Our system will send you the products you purchase in mailbox in a minute after payment. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)
Oracle 1Z1-1056 Practice Q&A's
- Printable 1Z1-1056 PDF Format
- Prepared by 1Z1-1056 Experts
- Instant Access to Download
- Study Anywhere, Anytime
- 365 Days Free Updates
- Free 1Z1-1056 PDF Demo Available
- Download Q&A's Demo
Oracle 1Z1-1056 Online Engine
- Online Tool, Convenient, easy to study.
- Instant Online Access
- Supports All Web Browsers
- Practice Online Anytime
- Test History and Performance Review
- Supports Windows / Mac / Android / iOS, etc.
- Try Online Engine Demo
Oracle 1Z1-1056 Self Test Engine
- Installable Software Application
- Simulates Real Exam Environment
- Builds 1Z1-1056 Exam Confidence
- Supports MS Operating System
- Two Modes For Practice
- Practice Offline Anytime
- Software Screenshots
Long study plans die of lost interest; short, intense ones finish. The Oracle Financials Cloud: Receivables 2019 Implementation Essentials package from TrainingQuiz keeps 1Z1-1056 practice questions sharp and current so a focused sprint actually reaches the finish line.
Oracle 1Z1-1056 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2019 Implementation Essentials |
| Exam Number: | 1Z0-1056 |
| Exam Format: | Multiple Choice |
| Exam Duration: | 120 minutes |
| Exam Price: | USD 245 |
| Available Languages: | English |
| Passing Score: | 62% |
| Real Exam Qty: | 60 |
| Related Certifications: | Oracle Financials Cloud Receivables 2019 Certified Implementation Specialist |
| Sample Questions: | DOWNLOAD DEMO |
| 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 |
|---|---|---|
| Topic 1: Receipts and Collections | 20% | - Manage receipt lifecycle
|
| Topic 2: Receivables Configuration | 30% | - Implement receivables setup
|
| Topic 3: Transactions Processing | 20% | - Manage receivables transactions
|
| Topic 4: Enterprise Structure and Financial Setup | 10% | - Configure enterprise structures
|
| Topic 5: Period Close and Reporting | 20% | - Perform close and reporting activities
|
Oracle 1Z1-1056 Exam: Essential Q&A
Oracle Financials Cloud: Receivables 2019 Implementation Essentials is an official Oracle exam, registered under exam code 1Z1-1056. Passing it earns the Oracle Financials Cloud certification at the Professional level. It also links to Oracle Financials Cloud Receivables 2019 Certified Implementation Specialist. As an internationally recognized capacity standard, this credential speaks for your ability wherever your career takes you.
The Oracle Financials Cloud: Receivables 2019 Implementation Essentials syllabus comprises 5 official domains. The heaviest include Period Close and Reporting (20%), Receivables Configuration (30%), and Receipts and Collections (20%). The complete outline is above on this page; a short, efficient study plan starts with knowing exactly where the marks live.
The Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam packs 60 questions into 120 minutes. Short-term preparation works best when every session is realistic, so run timed simulations in the TrainingQuiz engine, keep your flag-and-return rhythm tight, and let repeated full-length runs build the pace the clock demands.
Oracle Financials Cloud: Receivables 2019 Implementation Essentials requires 62% to pass, with an official registration fee of USD 245. Retakes bill the full USD 245 again, so speed should never mean gambling. Compress your preparation with the TrainingQuiz practice tests, and book once your scores clear the requirement reliably.
Oracle recommends knowledge of Oracle Financials Cloud and implementation experience. No mandatory prerequisite exam required.
Policies change, so verify the current requirements before registering on the official exam page.
Yes to both. TrainingQuiz provides a free demo of the Oracle Financials Cloud: Receivables 2019 Implementation Essentials questions so you can verify the quality first, and after purchase the newest practice material is free for one year from the date of your order. When that year ends, extending the update service costs 50% of the regular price.
Your purchase carries a 100% money-back guarantee with defined conditions. Take the Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam within 60 days of purchase; if you fail, you may 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; 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, and claims are processed within 7 days. Alternatively, exchange for two other exam products of equal value, free, with the update service on your original purchase retained.
Delivery is instant: files unlock for download at payment and are emailed within one minute. If nothing arrives within 2 hours, check spam and contact customer service. Installation is unlimited across your computers.
Oracle Financials Cloud: Receivables 2019 Implementation Essentials Sample Questions:
Which predefined dunning letter template is available in the Collections application
- A. Soft, Regular, Medium, Hard
- B. Soft, Medium, Hard, Final
- C. Regular, Medium, Hard, Easy
- D. Regular, Medium, Hard, Difficult
Correct Answer: B 🗳️
You have created payment terms in a system and associated them in the USA reference data set. All the payment terms in the system are shown as follows. Business Unit X has a set assignment of Enterprise Set for payment terms.
Payment Term = Net 30; Reference Data Set = Enterprise Set
Payment Term = Net 45; Reference Data Set = Enterprise Set
Payment Term = 1%/10 Net 30; Reference Data Set = USA Set
Payment Term = Net 45; Reference Data Set = USA Set
If an invoice is created in Business Unit X, which payment term set is available for use in a transaction?
- A. Net 30 (Enterprise Set), Net 45 (USA Set)
- B. Net 45 (Enterprise Set), Net 45 (USA Set)
- C. 1%/10 Net 30 (USA Set), Net 45 (USA Set)
- D. Net 30 (Enterprise Set), Net 45 (Enterprise Set)
Correct Answer: D 🗳️
Where is the summary delinquency data displayed In the Collections Work Area?
- A. History Tab
- B. Transactions Tab
- C. Profile Tab
- D. Aging Tab
Correct Answer: D 🗳️
When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition.
Which two statements are true when you consider that recognition depends on the nature of the contingency?
(Choose two.)
- A. Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.
- B. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
- C. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized.
- D. Time-based contingencies must not expire before the contingency can be removed and revenue recognized.
- E. Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet.
Correct Answer: A,B 🗳️
A client has implemented a revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines is associated with both a nonstandard refund policy (60 days) and an acceptance clause (100 days).
When will revenue be recognized?
- A. only after manual intervention
- B. after 60 days
- C. immediately
- D. after 100 days
Correct Answer: D 🗳️
Harvey
Ken
Meredith
Pete
Stanford
Willie
TrainingQuiz is the world's largest certification preparation company with 99.6% Pass Rate History from 71637+ Satisfied Customers in 148 Countries.
Over 71637+ Satisfied Customers
Our Clients
The best professional training material for preparing for your quiz & actual test. Most candidates study and prepare efficiently with practice quiz materials of TrainingQuiz and pass exam soon.
Contact Us
From Monday to Saturday
Support: Contact now
If you have any question please leave me your email address, we will reply and send email to you in 12 hours.
Copyright © 2026 TRAININGQUIZ.COM. All rights reserved. All trademarks are the property of their respective owners and we don't provide actual questions from any vendor. Privacy Policy