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Oracle 1Z0-1056-24 guide torrent - Oracle Financials Cloud: Receivables 2024 Implementation Professional

Updated: Aug 17, 2026

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1Z0-1056-24 guide torrent
  • Exam Code: 1Z0-1056-24
  • Exam Name: Oracle Financials Cloud: Receivables 2024 Implementation Professional

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Oracle 1Z0-1056-24 Exam Syllabus Topics:

SectionWeightObjectives
Configure Receivables25%- Manage Receivables System Options
  • 1. Manage Receipt Classes and Methods
  • 2. Configure Business Units
  • 3. Manage Transaction Types
Period Close and Reporting25%- Receivables Accounting and Reporting
  • 1. Run Receivables Reports
  • 2. Period Close Process
  • 3. Review Accounting Entries
Process Receipts and Collections25%- Receipt Processing
  • 1. Manage Automatic Receipts
  • 2. Apply Receipts
  • 3. Collections Management
Manage Customers and Transactions25%- Customer Account Configuration
  • 1. Configure Transaction Sources
  • 2. Create Customer Profiles
  • 3. Manage Customer Account Sites

Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

1. In Advanced Collections, scoring formulas are used to effectively manage your collection activities and strategies. Scoring formulas contain data points that help determine the collectability of your outstanding balances. To determine the number of days passed since the last payment was received from a customer, you can use the Age of Latest Payment data point.
At which details?

A) Organization
B) Customer
C) Party
D) Site
E) Site Address
F) Account


2. Identify two values that default from Customer Profile Classes. (Choose two.)

A) Tax
B) Payment Terms
C) Legal Entity
D) Statement Cycle
E) Business Purpose


3. 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 billing amount for all performance obligations in the customer contract
B) the extended SSP amounts for all performance obligations in the customer contract
C) the selling price for all performance obligations in the customer contract
D) the allocated amount for all performance obligations in the customer contract
E) the SSP amounts for all performance obligations in the customer contract


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

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


5. You are trying to migrate the Subledger Accounting setup by using the Export and Import functionality in the Setup and Maintenance work area.
The import process, however, returns errors. Identify two reasons for the import failure.

A) an inactive Journal Entry Rule Set
B) an inactive Accounting Method
C) an inactive Mapping Set
D) an inactive Journal Line Type


Solutions:

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

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