Candidates worldwide study with LatestCram materials, and in 2026 their feedback still drives the roadmap. The 1z0-1056-23 package reflects years of listening — 34 practice questions shaped by real users.
Oracle 1z0-1056-23 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2023 Implementation Professional |
| Exam Number: | 1Z0-1056-23 |
| Real Exam Qty: | 50 |
| Related Certifications: | Oracle Financials Cloud Certification Oracle Financials Cloud Receivables Certified Implementation Professional |
| Exam Format: | Multiple Choice |
| Exam Price: | $245 USD |
| Passing Score: | 68% |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Sample Questions: |  |
| Exam Way: | Online proctored exam or Pearson VUE testing center |
| Pre Condition: | Oracle recommends hands-on experience implementing Oracle Financials Cloud Receivables solutions and completion of relevant Oracle University training. |
| Official Syllabus URL: | https://education.oracle.com/oracle-certification-path/pFamily_641 |
Oracle 1z0-1056-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Receipt Management | - Cash Processing
|
| Topic 2: Reporting and Analytics | - Receivables Reporting
|
| Topic 3: Customer and Account Management | - Customer Data Management
|
| Topic 4: Accounting and Period Close | - Receivables Accounting
|
| Topic 5: Receivables Configuration | - Receivables System Options
|
| Topic 6: Data Import and Integration | - Integration Framework
|
| Topic 7: Collections and Credit Management | - Collections Configuration
|
| Topic 8: Transaction Processing | - Receivables Transactions
|
| Topic 9: Balance Forward Billing | - Billing Configuration
|
1z0-1056-23 Exam FAQ — Design, Delivery, Dedication
The 1z0-1056-23 exam is a Oracle certification exam validating the Oracle Financials Cloud: Receivables 2023 Implementation Professional syllabus shown above. It belongs to these credential paths: Oracle Financials Cloud Receivables Certified Implementation Professional, Oracle Financials Cloud Certification. Candidates in 2026 start with LatestCram's 34 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.
The official Oracle Financials Cloud: Receivables 2023 Implementation Professional outline defines 9 domains. The leading three are Transaction Processing, Collections and Credit Management, and Receivables Configuration. The full list is in the topics section above, and LatestCram's 34 practice questions cover each one.
Oracle recommends hands-on experience implementing Oracle Financials Cloud Receivables solutions and completion of relevant Oracle University training. Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows with customizable simulation and timed modes that works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 34 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
The Oracle Financials Cloud: Receivables 2023 Implementation Professional exam requires 68% to pass, and registration costs $245 USD. A failed attempt means paying the same fee again — a readiness check with the LatestCram engines before booking is the cheaper option.
Oracle recommends these training resources for the Oracle Financials Cloud: Receivables 2023 Implementation Professional exam:
Follow the training with steady self-testing — the 34 practice questions from LatestCram help you apply theory and fill any gaps the training leaves.
The Oracle Financials Cloud: Receivables 2023 Implementation Professional exam contains 50 to complete within 90 minutes. Timed simulation in the LatestCram Desktop Test Engine teaches that rhythm before exam day does.
LatestCram issues a full refund if you take the Oracle Financials Cloud: Receivables 2023 Implementation Professional exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.
Online proctored exam or Pearson VUE testing center Register for the Oracle Financials Cloud: Receivables 2023 Implementation Professional exam through these official channels:
After booking, LatestCram delivers your practice questions within 1 minute — preparation starts the same day.
Oracle Financials Cloud: Receivables 2023 Implementation Professional Sample Questions:
Upon approval of a remittance batch of type Factored with Recourse, the Receivables application creates a receipt and establishes risk.
How does Receivables establish risk?
- A. By generating a bills receivables adjustment
- B. By recording short-term debt
- C. By creating an on-account credit memo
- D. By recording an entry to the Remitted Bills Receivable account
Correct Answer: D 🗳️
Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).
Manage Collectors
Scenario:
You are responsible for defining a new collector. who will perform collection activities across multiple business units.
Task:
Create a new Collector. where:
* Name of the collector is (Replace XX with 03. which is your allocated User ID.)
* Collector must be available to all business units.
* Collector maps to employee FASXX Student (Replace xx with 03, which is your allocated User ID.)
Correct Answer:
See the explanation below for solution.
Explanation
* Log in to Oracle Financials Cloud.
* Click on the Collectors icon in the Receivables work area.
* Click on the Create button.
* In the Collector window, enter the following information:
* Name: XXCollector (Replace XX with your allocated user ID.)
* Type: Employee
* Employee: FASXX03 (Replace xx with your allocated user ID.)
* Available to All Business Units: Yes
* Click on the Save button.
The new collector will be created.
While reviewing Balance Forward Bill Infertile on the Account Overview page m Bill Management, you notice that it is only displaying balance forward Mis raised in the last month.
How can you increase the number of months to view past balance forward bills?
- A. Add the number of months as a value for the BILL.MANAGEMENT lookup code
- B. Use Receivables System Options
- C. Use the threshold view of Balance Forward Bill Infotile
- D. Use Bill Management System Options
Correct Answer: D 🗳️
Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).
When defining the receipt method for automatic receipt processing, the business requirement is to produce the minimum number of payments.
Which receipt rule should you define?
- A. One per Customer
- B. One per Invoice
- C. One per Customer, per due date
- D. One per Site. per due date
Correct Answer: A 🗳️
Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).
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