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Oracle 1Z1-1006 Actual Tests : Oracle Financials Cloud: Receivables 2018 Implementation Essentials
About Best Oracle 1Z1-1006 Exam Practice Material
The Oracle Financials Cloud: Receivables 2018 Implementation Essentials exam has a reputation for tripping up even experienced professionals. Actual4test built its 1Z1-1006 practice test around 80 expert-verified questions so you can walk in knowing what to expect.
Oracle 1Z1-1006 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2018 Implementation Essentials |
| Exam Number: | 1Z0-1006 |
| Passing Score: | 68% |
| Related Certifications: | Oracle Financials Cloud Receivables 2018 Certified Implementation Specialist |
| Exam Format: | Multiple Choice, Multiple Response |
| Available Languages: | English |
| Certificate Validity Period: | Oracle certification program policy applies; no fixed expiration period published for this credential |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 70 |
| Exam Price: | USD 245 |
| Sample Questions: | Oracle 1Z1-1006 Sample Questions |
| Exam Way: | Pearson VUE testing center or Oracle online proctored exam delivery, subject to regional availability. |
| Pre Condition: | No mandatory prerequisite exam. Oracle recommends hands-on experience with Oracle Financials Cloud Receivables implementation and configuration. |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-receivables-2018-implementation-essentials/pexam_1Z0-1006 |
Oracle 1Z1-1006 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Customer and Account Management | 15% | - Customer Data Management
|
| Accounting and Period Close | 10% | - Accounting Processes
|
| Transactions Processing | 20% | - Receivables Transactions
|
| Reporting and Integration | 5% | - Reporting Features
|
| Receivables Overview and Enterprise Structure | 10% | - Receivables Fundamentals
|
| Receivables Configuration | 25% | - Core Setup
|
| Receipts and Collections | 15% | - Receipt Processing
|
Oracle Financials Cloud: Receivables 2018 Implementation Essentials: Your Questions, Answered
The 1Z1-1006 exam (Oracle Financials Cloud: Receivables 2018 Implementation Essentials) is the official Oracle exam that leads to the Oracle Financials Cloud certification, a credential at the Associate level. Related certifications include Oracle Financials Cloud Receivables 2018 Certified Implementation Specialist. Actual4test provides 80 practice questions to help you prepare for it with confidence.
The 1Z1-1006 exam contains 70 questions and gives you 120 minutes to finish them. Before exam day, divide the total time by the question count so you know the pace you need to keep, and flag difficult items instead of getting stuck on them. Running at least one full timed session in the Actual4test test engine is the best way to make that time pressure feel familiar.
You need 68% to pass, and the official registration fee is USD 245. Keep in mind that a failed attempt means paying that fee in full again, so it pays to test yourself first. When your scores on the Actual4test timed practice tests stay consistently above the passing line, you are ready to book the exam.
No mandatory prerequisite exam. Oracle recommends hands-on experience with Oracle Financials Cloud Receivables implementation and configuration. Requirements can change over time, so always double-check the latest eligibility rules before you register on the official Oracle exam page.
Yes. Actual4test offers a free 1Z1-1006 PDF demo so you can check the quality of the practice questions before purchasing. After you buy, your product comes with 365 days of free updates, and if it expires you can renew the update service at a 50% discount from your member zone.
Your purchase is protected by our 100% Money Back Guarantee. If you take the corresponding 1Z1-1006 exam within 60 days of purchase and do not pass, send us a scan of your enrollment slip and the official Score Report PDF within two days of the exam, and the full refund will be processed within seven days. The candidate name must match the payer name; exams taken within three days of purchase, free materials, and expired orders are not eligible. If you would rather not refund, you can exchange your product for two free products of equal value and keep the update service on your original purchase. Delivery itself is instant: your material is available for download and is emailed to you within one minute of payment. If nothing arrives within two hours, contact our support team. There is no limit on how many computers you may install it on.
The 1Z1-1006 syllabus is organized into 7 exam domains. Among the first three are Transactions Processing (20%), Receipts and Collections (15%), Receivables Configuration (25%). For the complete breakdown of topics and subtopics, see the Exam Topics section above.
Oracle Financials Cloud: Receivables 2018 Implementation Essentials Sample Questions:
Question 1
Which two determinant types are used in reference data assignment? (Choose two.)
A. Account Segment
B. Business Unit
C. Project unit
D. Project Segment
Question 2
Which two Collection Preferences can be selected as the default transaction class for the Transaction tab?
(Choose two.)
A. Guarantee
B. Charge Back
C. Credit Memo
D. Debit Memo
E. Deposit
Question 3
If AutoAccounting is set to derive accounting segments based on a standard line, the transaction line must be either ________________ or ________________. Otherwise, AutoAccounting cannot derive a valid account code combination for revenue recognition.
Identify the two values. (Choose two.)
A. an inventory item
B. a standard memo line
C. a credit memo line
D. a purchasing item
E. a debit memo line
Question 4
You created a bills receivable that is factored with recourse and applied a wrong receipt to the short-term debt before the bill maturity date plus the risk elimination days.
Which actions are true? (Choose two.)
A. If the bills receivable is recalled before the maturity date, the status of the bills receivable is updated to Protested.
B. If the bills receivable is recalled after the maturity date, the status of the bills receivable is updated to Unpaid.
C. If the bills receivable is recalled after the maturity date, the status of the bills receivable is updated to Hold.
D. If the bills receivable is recalled after the maturity date, the status of the bills receivable is updated to Recall.
E. If the bills receivable is recalled before the maturity date, the status of the bills receivable is updated to Pending Remittance.
Question 5
Identify two late charge interest calculation methods. (Choose two.)
A. Previous Balance
B. Average Daily Balance
C. Overdue Transactions only
D. Adjusted Balance
Solutions:
| Question 1 Answer: B,C | Question 2 Answer: C,D | Question 3 Answer: A,B | Question 4 Answer: D,E | Question 5 Answer: B,C |
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