Starting should be the easy part. The Oracle Financials Cloud: Receivables 2018 Implementation Essentials test engine from LatestCram opens without extra software installation, and your 80 practice questions arrive by email within a minute of payment.
Oracle 1Z1-1006 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2018 Implementation Essentials |
| Exam Number: | 1Z0-1006 |
| Available Languages: | English |
| Certificate Validity Period: | 18 months |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 80 |
| Exam Price: | USD $245 |
| Related Certifications: | Oracle Financials Cloud 2018 Implementation Specialist |
| Passing Score: | 60% |
| Exam Format: | Multiple Choice, Multiple Select |
| Recommended Training: | Oracle Financials Cloud Learning Subscription Oracle Financials Cloud: Receivables 2018 Implementation Training |
| Exam Registration: | Pearson VUE Oracle University |
| Sample Questions: |  |
| Exam Way: | Online proctored or Onsite at Pearson VUE test centers |
| Pre Condition: | Basic knowledge of Oracle Financials Cloud, general accounting principles, and receivables processes; no mandatory prerequisites |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-receivables-cloud-2018-implementation-essentials/pexam_1Z0-1006 |
Oracle 1Z1-1006 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Customer Management | 15% | - Manage customers and accounts receivable relationships - Utilize customer data import processes |
| Transaction Processing | 20% | - Process invoices, credit memos, and adjustments - Explain Autoinvoice functionality and accounting - Describe invoice print and presentment |
| Collections & Disputes | 15% | - Configure and run collection strategies - Deploy delinquency processes - Manage disputes and customer correspondence |
| Revenue Management | 5% | - Explain performance obligations and SSP - Process bills receivable and revenue accounting |
| Reporting & Analytics | 10% | - Use Receivables Balances and Billing work areas - Analyze receivables information - Generate BIP and OTBI reports |
| Receivables Configuration & Setup | 20% | - Manage reference data sets - Configure subledger accounting - Set up transaction types and sources |
| Receipts & Reconciliation | 15% | - Perform receivables to ledger reconciliation - Manage customer refunds and chargebacks - Deploy receipt processing and applications |
Common Questions About the Oracle 1Z1-1006 Exam
Yes — the free Oracle Financials Cloud: Receivables 2018 Implementation Essentials demo lets you evaluate question quality and analyses before paying. Purchases include 365 days of free updates, renewable afterward at 50% off.
Use the vendor's official registration channels:
The Oracle Financials Cloud: Receivables 2018 Implementation Essentials is delivered Online proctored or Onsite at Pearson VUE test centers, so choose the arrangement that suits you when booking.
The Oracle Financials Cloud: Receivables 2018 Implementation Essentials blueprint spans 7 domains — including Revenue Management (5%), Receivables Configuration & Setup (20%), Receipts & Reconciliation (15%). Read the weightings as priorities: the points concentrate where the percentages do. The full outline above covers every subtopic.
The Oracle Financials Cloud: Receivables 2018 Implementation Essentials is Oracle's exam for the Oracle Financials Cloud: Receivables 2018 Certified Implementation Specialist certification, a Specialist-level credential. It's a hot topic because certified candidates stand out in job competition — the credential opens possibilities that uncertified resumes can't. Related credentials include Oracle Financials Cloud 2018 Implementation Specialist.
USD $245 per attempt; 60% to pass. Every retake bills the full fee again, so prepare properly the first time — the 80 practice questions from LatestCram are the affordable rehearsal.
Delivery is instant: payment triggers an automatic email within a minute, and the test engine opens easily without extra software installation. Nothing after 2 hours? Check spam and contact our round-the-clock support. If you fail the corresponding 1Z1-1006 exam within 60 days of purchase, we give a full refund — send a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam, processed within 7 days. Exclusions: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. Or exchange for two equal-value products free.
120 minutes for 80 questions. That's a pace you can train: run timed simulations in the LatestCram engine until answering at speed feels normal, and use the analyses to make every wrong answer count.
Yes:
- Oracle Financials Cloud: Receivables 2018 Implementation Training
- Oracle Financials Cloud Learning Subscription
After any course, deepen understanding with the 80 practice questions for the Oracle Financials Cloud: Receivables 2018 Implementation Essentials — the specific analyses extend your grasp of the technology, not just your memory of answers.
Basic knowledge of Oracle Financials Cloud, general accounting principles, and receivables processes; no mandatory prerequisites Vendors revise eligibility rules over time, so confirm the current requirements on the official page (official 1Z1-1006 exam page) before you register.
Oracle Financials Cloud: Receivables 2018 Implementation Essentials Sample Questions:
Which three receipts can be automatically applied by a system? (Choose three.)
- A. receipts created in a spreadsheet and uploaded
- B. receipts that are unapplied
- C. receipts created in a lockbox and uploaded
- D. miscellaneous receipts
- E. receipts that are manually created
Correct Answer: C,D,E 🗳️
Which three actions are facilitated through the Reconciliation Summary Report? (Choose three.)
- A. drilldown from any of the summarized Receivables and Accounting amounts to see detailed activity
- B. drilldown to see details of unaccounted revenue transactions not transferred and posted to the General Ledger
- C. drilldown on the difference amounts to see specific reconciling items and the potential cause of the out-of-balance condition
- D. drilldown to see reconciliation details and to make reconciling corrections
- E. drilldown to view data and use standard Excel functions such as sum, find, sort, and filtering without actually downloading to Excel
Correct Answer: A,C,E 🗳️
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. a standard memo line
- B. a credit memo line
- C. a purchasing item
- D. a debit memo line
- E. an inventory item
Correct Answer: A,E 🗳️
You are not able to initiate a bankruptcy request at the customer site level on behalf of a customer.
Which two conditions are failing? (Choose two.)
- A. Bankruptcy must be applied at the customer level, which includes all transactions at the customer, account, and Site levels.
- B. Preferences must be enabled and Enable Bankruptcy must be set to Yes in Manage Collections Preferences in the Functional Setup Manager for Advanced Collections.
- C. Preferences must be enabled and Enable Bankruptcy must be set to Yes for the customer.
- D. The Collections Administrator creates a bankruptcy request in the Customer Relationship Management (CRM) application and a collector should have the Collection Manager and Customer Profile Administrator roles assigned.
- E. The Collections Manager creates a bankruptcy request in the Customer Relationship Management (CRM) application and a collector should be configured as a resource.
- F. The customer does not have the default strategy and default collector assigned at the customer account and site level.
Correct Answer: A,B 🗳️
Which two are rules applicable to issue of refunds? (Choose two.)
- A. You can refund receipts that are factored.
- B. You can refund receipts that were either remitted or cleared.
- C. You cannot refund more than either the original receipt amount or the remaining unapplied amount.
- D. You can issue a credit card refund to a customer who has made a cash payment.
Correct Answer: B,C 🗳️
Wilbur 
Michell 
Arlen 
Priscilla 
Belle 
Tracy 
Malcolm 
Clement 
Eartha 
Amos 
Hunter 
Julie 
Christ 
Heather 
