Oracle 1Z0-1056-24 real exam prep : Oracle Financials Cloud: Receivables 2024 Implementation Professional

  • Exam Code: 1Z0-1056-24
  • Exam Name: Oracle Financials Cloud: Receivables 2024 Implementation Professional
  • Updated: Aug 10, 2026
  • Q&As: 144 Questions and Answers

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Oracle 1Z0-1056-24 Exam Syllabus Topics:

SectionObjectives
Topic 1: Customer and Account Configuration- Customer Setup
  • 1. Configure and import customers
    • 2. Manage customer profiles and account structures
      Topic 2: Receivables Configuration- System Setup
      • 1. Configure Receivables using Rapid Implementation
        • 2. Configure Cash Management integration
          • 3. Configure AutoAccounting and transaction sources
            • 4. Configure Subledger Accounting integration
              Topic 3: Collections and Billing Extensions- Advanced Receivables Functions
              • 1. Dunning and collections processes
                • 2. Revenue configuration
                  • 3. Bill management configuration
                    Topic 4: Processing Customer Payments- Receipt Management
                    • 1. Lockbox processing
                      • 2. Receipt application and exceptions
                        • 3. Create and process receipts
                          Topic 5: Managing Customer Billing- Transaction Processing
                          • 1. Transaction validation and printing
                            • 2. Tax calculation for transactions
                              • 3. Manage AutoInvoice process and corrections
                                • 4. Create and process transactions

                                  Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

                                  1. Which four output file types are available when you run the "Print Receivables Transactions" program?

                                  A) Zipped PDFs
                                  B) Excel
                                  C) HTML
                                  D) JPG
                                  E) Word
                                  F) PDF


                                  2. Which information does the collector see after clicking on the Activities Infotile in the Collections Work Area?

                                  A) Tasks assigned to the collector such as follow-up calls.
                                  B) List of delinquent customers.
                                  C) Summary of aged transactions.
                                  D) List of broken payment promises.


                                  3. In Collections, strategies can be executed based on the wait times defined on a strategy task. When the feature is enabled, you can also assign wait times for strategies based on their transaction type. Which condition must be set for the transaction level when defining a new strategy task by transaction type?

                                  A) Time
                                  B) Days Early
                                  C) Not Applicable
                                  D) DaysLate


                                  4. The method that is used to capture receipts data in mass while you are offline and upload the receipts at a later date is called ______________.

                                  A) receipts creation in a spreadsheet
                                  B) Lockbox receipts creation
                                  C) manual receipt entry
                                  D) automatic receipts creation


                                  5. 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 Date
                                  B) Transaction Source
                                  C) Transaction Number
                                  D) Transaction Class


                                  Solutions:

                                  Question # 1
                                  Answer: A,B,C,F
                                  Question # 2
                                  Answer: A
                                  Question # 3
                                  Answer: D
                                  Question # 4
                                  Answer: A
                                  Question # 5
                                  Answer: C

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