The Oracle credential has opened doors for professionals across every major market, and the 1Z1-1056 exam remains the gatekeeper. VCE4Plus supports your attempt with 110 practice questions, all-day online assistance, and remote installation guidance if the software setup ever gives you trouble.
Oracle 1Z1-1056 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2019 Implementation Essentials |
| Exam Number: | 1Z0-1056-19 |
| Exam Format: | Scenario-based Questions, Multiple Choice, Multiple Response |
| Certificate Validity Period: | Typically 18–24 months or until next major product update (varies by Oracle certification policy) |
| Available Languages: | English, Japanese, Simplified Chinese |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | Approximately 55–75 questions |
| Passing Score: | Approximately 65% (scaled score, subject to Oracle updates) |
| Related Certifications: | Oracle Financials Cloud Implementation Specialist Oracle Financials Cloud: General Ledger Implementation Essentials Oracle Financials Cloud: Payables Implementation Essentials |
| Exam Price: | $245 USD (may vary by region) |
| Recommended Training: | Oracle Financials Cloud Learning Path Oracle University Financials Cloud Training |
| Exam Registration: | Oracle Certification Registration Pearson VUE Oracle Exams |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or authorized test center delivery via Pearson VUE |
| Pre Condition: | Basic knowledge of Oracle Financials Cloud concepts and accounting principles is recommended; no mandatory prerequisite exam required |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-1056 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Receivables Setup and Configuration | - Enterprise structure and setup prerequisites
|
| Collections and Credit Management | - Credit management configuration
|
| Receipts and Cash Management | - Receipt creation and application
|
| Reporting and Integration | - Integration with other modules
|
| Transaction Processing | - Revenue and accounting entries
|
Your Oracle Financials Cloud: Receivables 2019 Implementation Essentials Questions, Answered
The official Oracle Financials Cloud: Receivables 2019 Implementation Essentials outline divides the exam into 5 major domains. The three that carry the most weight are Receivables Setup and Configuration, Receipts and Cash Management, and Transaction Processing. You can see the full breakdown in the topics section above, and the 110 practice questions at VCE4Plus cover every listed domain.
The Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam presents Approximately 55–75 questions and allows 120 minutes. That pacing works out to a bit more than a minute per question, so timed practice matters — the VCE4Plus Desktop and Online Test Engines both let you rehearse under exam-style time limits before the real thing.
Oracle recommends the following training and study resources for the Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam:
Official courses are a solid foundation, and many candidates pair them with the 110 practice questions from VCE4Plus to test whether the material actually sticks under exam-style conditions.
The 1Z1-1056 exam is a Oracle certification exam that validates the knowledge outlined in the official Oracle Financials Cloud: Receivables 2019 Implementation Essentials syllabus shown above. It is associated with the following credential paths: Oracle Financials Cloud Implementation Specialist, Oracle Financials Cloud: General Ledger Implementation Essentials, Oracle Financials Cloud: Payables Implementation Essentials. Employers in 2026 continue to treat Oracle credentials as reliable proof of skill, which is why the exam attracts candidates at many career stages. VCE4Plus supports your preparation with 110 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.
Basic knowledge of Oracle Financials Cloud concepts and accounting principles is recommended; no mandatory prerequisite exam required For the most current eligibility details, always confirm on the official Oracle exam page before you schedule.
VCE4Plus backs your purchase with a written refund commitment: if you take the Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam within 60 days of purchase and do not pass, you can claim a full refund. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. To claim, submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Prefer to keep studying instead? You can exchange for two free exam products of equal value while keeping your original product's update service. Orders are delivered by email within 1 minute — if nothing arrives within 2 hours, contact support and the team will sort it out.
The passing score for the Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam is Approximately 65% (scaled score, subject to Oracle updates), and the registration fee is $245 USD (may vary by region). Since a retake means paying the fee again, it makes financial sense to walk in prepared — a self-test with the VCE4Plus practice engines shows you roughly where you stand before you spend that money.
Every purchase includes the full set of 110 practice questions for the Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam in all three formats — a printable PDF prepared by experts, a Desktop Test Engine for Windows with two practice modes that simulates the real exam environment offline, and an Online Test Engine that runs in any browser on Windows, Mac, Android, and iOS with test history and performance review. You can install the products on unlimited computers, try a free demo first, and receive free updates for 365 days. When your update year ends, renewal comes at 50% off.
Online proctored or authorized test center delivery via Pearson VUE Registration for the Oracle Financials Cloud: Receivables 2019 Implementation Essentials exam is handled through these official channels:
Book early — popular testing windows fill quickly, and your VCE4Plus practice questions will be waiting in your inbox within 1 minute of purchase.
Oracle Financials Cloud: Receivables 2019 Implementation Essentials Sample Questions:
Which statement is true about Balance Forward Billing?
- A. Transactions included on a Balance Forward Bill can be updated.
- B. Balance Forward Bills can be created for a future date.
- C. Balance Forward Bills must be enabled at each bill-to-site level.
- D. The Balance Forward Bill of a previous cycle need not be generated as Final to generate the Balance Forward Bill of the current cycle.
Correct Answer: C 🗳️
Which two statements are true when you are using the Intercompany Reconciliation Process? (Choose two.)
- A. The ledger balancing lines are generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.
- B. You need to submit the Extract Intercompany Reconciliation Data job.
- C. The Reconciliation Period Summary Report shows the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.
- D. The Transaction Summary Report shows only transactions with a status of received.
- E. The Clearing Company Balancing Lines appear in the Intercompany Reconciliation Summary Report.
Correct Answer: A,C 🗳️
A Billing Specialist runs the Create Automatic Billing Adjustments program to automatically adjust the remaining balance on open invoices, but some of the amounts have exceeded the Billing Specialist's approval limits.
What would be the result?
- A. The program creates the adjustments with a status of Pending Approval for the amount that exceeds the Billing Specialist's approval limits.
- B. The program creates the adjustments with a status of Rejected for the amount that exceeds the Billing Specialist's approval limits.
- C. The program creates the adjustments only for the amounts within the Billing Specialist's approval limits.
- D. The program can be run only if the amount is within the Billing Specialist's approval limits.
Correct Answer: A 🗳️
Explanation: Only visible for VCE4Plus members. You can sign-up / login (it's free).
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. manual receipt entry
- B. automatic receipts creation
- C. receipts creation in a spreadsheet
- D. Lockbox receipts creation
Correct Answer: C 🗳️
A Billing Specialist creates an adjustment for an incorrect invoice that exceeds a user's approval limit.
What is the status of the adjustment?
- A. Pending Research
- B. Pending Approval
- C. Forwarded for Approval
- D. Approval Required
Correct Answer: B 🗳️
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