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The Oracle Financials Cloud: Receivables 2018 Implementation Essentials credential carries weight in the industry because the vendor sets a high bar for passing it. 2Pass4sure helps you clear that bar with 80 carefully prepared 1Z1-1006 practice questions reviewed by subject-matter experts.
Oracle 1Z1-1006 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2018 Implementation Essentials |
| Exam Number: | 1Z0-1006 |
| Related Certifications: | Oracle Financials Cloud Receivables 2018 Certified Implementation Specialist |
| Passing Score: | 68% |
| Real Exam Qty: | 70 |
| Exam Duration: | 120 minutes |
| Exam Price: | USD 245 |
| Available Languages: | English |
| Exam Format: | Multiple Choice, Multiple Response |
| Certificate Validity Period: | Oracle certification program policy applies; no fixed expiration period published for this credential |
| Sample Questions: | DOWNLOAD DEMO |
| 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
|
| Reporting and Integration | 5% | - Reporting Features
|
| Receivables Overview and Enterprise Structure | 10% | - Receivables Fundamentals
|
| Transactions Processing | 20% | - Receivables Transactions
|
| Receivables Configuration | 25% | - Core Setup
|
| Accounting and Period Close | 10% | - Accounting Processes
|
| Receipts and Collections | 15% | - Receipt Processing
|
Common Questions About the Oracle Financials Cloud: Receivables 2018 Implementation Essentials Exam
The Oracle Financials Cloud: Receivables 2018 Implementation Essentials (exam code 1Z1-1006) is the exam you pass to earn the Oracle Financials Cloud certification, a credential at the Associate level. It is also connected with related credentials such as Oracle Financials Cloud Receivables 2018 Certified Implementation Specialist. If you are mapping out a certification path with Oracle, this exam is a milestone worth planning around.
The 1Z1-1006 exam includes 70 questions, and you have 120 minutes to complete them. With that many questions on the clock, pacing is part of the challenge: divide your time into rough blocks as you go, and flag the items that stall you so you can circle back at the end instead of burning minutes on a single question. A week or two before your exam date, sit at least one full timed session in the 2Pass4sure test engine under the same time limit, so the pace feels familiar rather than frantic on the day.
You need 68% to pass the 1Z1-1006 exam, and the official registration fee is USD 245. That fee is due again in full for every retake, which makes thorough preparation the cheaper investment by far. Before you book your seat, test yourself with the 2Pass4sure practice questions until you are scoring comfortably above the passing mark on a consistent basis — it is the simplest way to avoid paying for the same exam twice.
No mandatory prerequisite exam. Oracle recommends hands-on experience with Oracle Financials Cloud Receivables implementation and configuration.
Eligibility rules can be adjusted by Oracle over time, so before you register, confirm the current requirements on the official exam page: view the official 1Z1-1006 exam information.
Yes. 2Pass4sure offers a free PDF demo of the 1Z1-1006 practice questions, so you can judge the quality of the material firsthand before paying anything. Every purchase also includes 365 days of free updates — if Oracle changes the exam during that year, your material changes with it. And when the free update period expires, you can extend it at a 50% discount from within your member zone.
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The official Oracle Financials Cloud: Receivables 2018 Implementation Essentials outline divides the exam content into 7 main domains. The first three are:
- Receivables Configuration — 25%
- Accounting and Period Close — 10%
- Customer and Account Management — 15%
That is only the headline view — scroll back up to the Exam Topics section on this page for the complete domain-by-domain breakdown before you plan your study schedule.
Oracle Financials Cloud: Receivables 2018 Implementation Essentials Sample Questions:
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 Class
- C. Transaction Source
- D. Transaction Number
If a receipt cannot be automatically matched or transaction information is not available, Receivables can use the AutoCash rule set.
In which three places is the rule set found? (Choose three.)
- A. Customer Account
- B. System Options
- C. Receipt Class
- D. Receipt Method
- E. Customer Site
Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).
What are three functions of the Create Automatic Receipt Write-offs program? (Choose three.)
- A. scheduling periodic write-offs as receipt adjustments for old remaining balances
- B. creating write-offs for specific currencies and customers
- C. scheduling periodic write-offs as receipt adjustments for small remaining balances
- D. scheduling periodic write-offs to occur in future periods
- E. limiting write-offs by a percentage of the original receipt amount
What information does the Collector see in the Activities List area of the Collections Dashboard?
- A. tasks assigned to the Collector, such as follow-up calls
- B. status of processing activities from the Process Monitor
- C. customer search as per the parameter specified
- D. customer's profile for each assigned customer
- E. summary of aged transactions
Your customer wants to retrieve values for the Line of Business segment based on Customer Class for the Revenue account.
Which option would you use to achieve this with the help of the Subledger Accounting solution?
- A. Description Rule
- B. Transaction References
- C. Mapping Set
- D. Supporting References
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