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Oracle 1z1-335 Actual Tests : Oracle Financials Cloud: Receivables 2016 Implementation Essentials

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Oracle 1z1-335 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Receivables 2016 Implementation Essentials
Exam Number:1Z0-335
Real Exam Qty:55
Related Certifications:Oracle Financials Cloud Certified Implementation Specialist
Certificate Validity Period:Valid indefinitely under Oracle's current policy; no fixed expiration
Exam Price:USD 245
Passing Score:65%
Exam Duration:105 minutes
Available Languages:English
Exam Format:Multiple Choice, Multiple Answer
Recommended Training:Oracle University: Implementing Receivables Credit to Cash
Exam Registration:Oracle Education Certification Portal
Pearson VUE Registration
Sample Questions:Oracle 1z1-335 Sample Questions
Exam Way:Online proctored or onsite at Pearson VUE authorized testing centers
Pre Condition:No mandatory prerequisites; Oracle recommends hands-on experience implementing Oracle Financials Cloud Receivables
Official Syllabus URL:https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-335

Oracle 1z1-335 Exam Syllabus Topics:

SectionWeightObjectives
Reporting and Integration10%- Integration
  • 1. Integrate with General Ledger and Cash Management
    - Reporting Tools
    • 1. Create reports with BI Publisher
      • 2. Use Oracle Transactional Business Intelligence (OTBI)
        Receipt and Payment Processing20%- Bills Receivable
        • 1. Set up and manage bills receivable
          • 2. Process remittances and risk elimination
            - Receipt Handling
            • 1. Enter and apply receipts
              • 2. Configure Lockbox and Automatic Receipts
                • 3. Process receipt reversals and adjustments
                  Transaction Processing and Billing25%- Auto-Invoicing
                  • 1. Configure and run Auto-Invoice
                    • 2. Resolve import exceptions
                      - Transaction Management
                      • 1. Configure transaction tax
                        • 2. Set up Auto-Accounting
                          • 3. Create invoices, credit memos, and adjustments
                            Customer and Account Management15%- Trading Community Architecture
                            • 1. Set up account sites and contacts
                              • 2. Create and manage customer accounts
                                • 3. Import customer data
                                  Enterprise Structure and Receivables Setup20%- Receivables System Configuration
                                  • 1. Set up transaction sources and types
                                    • 2. Configure reference data sets
                                      • 3. Define system options and profile options
                                        - Functional Setup Manager
                                        • 1. Describe configuration packages
                                          • 2. Validate setup data
                                            • 3. Create implementation projects
                                              Accounting, Reconciliation and Period Close10%- Period End Activities
                                              • 1. Complete period close process
                                                • 2. Perform receivables reconciliation
                                                  - Subledger Accounting
                                                  • 1. Review accounting entries
                                                    • 2. Configure accounting rules

                                                      Oracle Financials Cloud: Receivables 2016 Implementation Essentials: Your Questions, Answered

                                                      The 1z1-335 exam (Oracle Financials Cloud: Receivables 2016 Implementation Essentials) is the official Oracle exam that leads to the Oracle Financials Cloud Certified Implementation Specialist - Receivables 2016 certification, a credential at the Specialist level. Related certifications include Oracle Financials Cloud Certified Implementation Specialist. Actual4test provides 165 practice questions to help you prepare for it with confidence.

                                                      The 1z1-335 exam contains 55 questions and gives you 105 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 65% 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 prerequisites; Oracle recommends hands-on experience implementing Oracle Financials Cloud Receivables Requirements can change over time, so always double-check the latest eligibility rules before you register on the official Oracle exam page.

                                                      You can book your exam through the official registration channels:

                                                      The exam is delivered in the following way: Online proctored or onsite at Pearson VUE authorized testing centers.

                                                      Oracle recommends the following training options for this exam:

                                                      Official courses build the foundation, and the 165 1z1-335 practice questions from Actual4test help you turn that knowledge into exam-day performance.

                                                      Yes. Actual4test offers a free 1z1-335 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 1z1-335 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 1z1-335 syllabus is organized into 6 exam domains. Among the first three are Transaction Processing and Billing (25%), Enterprise Structure and Receivables Setup (20%), Accounting, Reconciliation and Period Close (10%). For the complete breakdown of topics and subtopics, see the Exam Topics section above.

                                                      Oracle Financials Cloud: Receivables 2016 Implementation Essentials Sample Questions:

                                                      Question 1

                                                      What are the three validation steps required for implementing dispute processing?

                                                      A. BPM Work List for approval configuration is validated.
                                                      B. Periods for which the transaction can be disputed are Open.
                                                      C. The Recognize Revenue program is scheduled.
                                                      D. Transaction types are set up with appropriate Credit Memo types.
                                                      E. The Document Sequencing required is set up.


                                                      Question 2

                                                      What is the impact on transactions if you change the billing cycle for a customer of group of customers?

                                                      A. Existing transactions with NO activity retain the old billing cycle.
                                                      B. New transaction after this change inherit the new billing cycle.
                                                      C. The billing cycle does NOT have any impact on new transactions.
                                                      D. Existing transactions with activity adapt the; new billing cycle.


                                                      Question 3

                                                      When a customer receipt does not provide sufficient information to identify the customer or invoice, which is the correct method of entering the receipt?

                                                      A. Enter the receipt as a miscellaneous receipt.
                                                      B. Enter the receipt as an UNAPPLIED receipt.
                                                      C. Enter the receipt as an on-account receipt.
                                                      D. Enter the receipt as an UNIDENTTFIFD receipt.


                                                      Question 4

                                                      What is the action you perform on a transaction once you drill down to the edit transaction window from the Billing Work Area page?

                                                      A. Reverse the Transaction
                                                      B. Complete and Review
                                                      C. Create a New Transaction
                                                      D. Incomplete Transaction


                                                      Question 5

                                                      Where are the alerts and approvals displayed in the Collection Work Area?

                                                      A. Delinquent Customer List Region
                                                      B. Notification Pop-up
                                                      C. Watch list
                                                      D. Activities List


                                                      Solutions:

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

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