Oracle 1z0-1056-22 : Oracle Financials Cloud: Receivables 2022 Implementation Professional

  • Exam Code: 1z0-1056-22
  • Exam Name: Oracle Financials Cloud: Receivables 2022 Implementation Professional
  • Updated: Oct 15, 2026
  • Q & A: 156 Questions and Answers

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Oracle 1z0-1056-22 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Receivables 2022 Implementation Professional
Exam Number:1Z0-1056-22
Passing Score:68%
Exam Format:Multiple Answer, Multiple Choice
Related Certifications:Oracle Financials Cloud: Receivables 2022 Implementation Professional Credential
Oracle Financials Cloud Certification
Available Languages:English
Real Exam Qty:55
Exam Price:USD $245
Exam Duration:90 minutes
Certificate Validity Period:Oracle Cloud Certifications are typically valid for 18 months to 2 years depending on Oracle certification policy
Sample Questions:Free Download real 1z0-1056-22 actual tests
Exam Way:Online proctored exam or test center delivery through Oracle Certification Program.
Pre Condition:Oracle recommends implementation experience with Oracle Financials Cloud Receivables. No mandatory prerequisite exam is required.
Official Syllabus URL:https://education.oracle.com/oracle-financials-cloud-receivables-2022-implementation-professional/pexam_1Z0-1056-22

Oracle 1z0-1056-22 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Reporting and Analytics10%- Receivables Reporting
  • 1. Account Analysis
  • 2. Business Intelligence and OTBI
  • 3. Standard Reports
  • 4. Aging Reports
Topic 2: Receipts and Cash Management20%- Receipt Processing
  • 1. Automatic Receipts
  • 2. Lockbox Processing
  • 3. Manual Receipts
  • 4. Receipt Classes and Methods
  • 5. Receipt Application and Reversal
Topic 3: Collections, Adjustments and Period Close10%- Receivables Management
  • 1. Period Close Activities
  • 2. Adjustments and Write-Offs
  • 3. Dispute Management
  • 4. Collections Strategies
Topic 4: Enterprise Structure and Receivables Foundations15%- Configure Business Units and Ledgers
  • 1. Receivables System Options
  • 2. Reference Data Sets
  • 3. Enterprise Structure Concepts
Topic 5: Transactions and Billing25%- Receivables Transaction Processing
  • 1. AutoInvoice Configuration
  • 2. Balance Forward Billing
  • 3. Invoice and Credit Memo Processing
  • 4. Transaction Types
  • 5. Transaction Sources
Topic 6: Customers and Customer Account Configuration20%- Customer Management
  • 1. Customer Account Sites
  • 2. Customer Accounts
  • 3. Customer Data Management Integration
  • 4. Customer Profiles

1z0-1056-22 Exam Details and Your Advantages

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According to the latest exam information, the 1z0-1056-22 exam contains 55 questions within 90 minutes minutes. The testing engine reproduces that scope and calculates your final practice score — a useful reference for judging real-exam readiness.

At present, the 1z0-1056-22 exam requires a passing score of 68%, with a registration fee of USD $245. Oracle sets both figures and may revise them, so confirm on the official site before you schedule.

The Oracle Financials Cloud: Receivables 2022 Implementation Professional blueprint covers these core domains:

  • Customers and Customer Account Configuration (20%)
  • Receipts and Cash Management (20%)
  • Transactions and Billing (25%)

Further domains complete the official outline; the question bank addresses all of them.

With data, not guesswork. The 1z0-1056-22 testing engine is user-friendly and easy to install; upon completion of each practice test, it calculates your final score, giving you a concrete reference for the real exam. Behind the tools, professionals and IT specialists compose the materials, and every answer is expert-verified — aligned with the real exam's format across the Oracle Financials Cloud: Receivables 2022 Implementation Professional objectives. Before buying, try the free demo questions to test your knowledge; after buying, 24/7 Customer Service and Live Support assist with any problem, and you can ask the team for a discount code. That is the remarkable experience we work to provide.

Oracle states the following prerequisites for the Oracle Financials Cloud: Receivables 2022 Implementation Professional: Oracle recommends implementation experience with Oracle Financials Cloud Receivables. No mandatory prerequisite exam is required..

Check the authoritative wording on the official certification page before booking.

Oracle Financials Cloud: Receivables 2022 Implementation Professional Sample Questions:

Question #1

Your Customer Upload Batch with an error and you identify the error as being due to an incorrect Payment Method.
How will you correct the error?

  • A. by using the Customer Import Interface work area
  • B. by using the correct Customer Payment Method spreadsheet
  • C. by using the correct Customer Data spreadsheet
  • D. by importing the correct data by using a new spreadsheet upload
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

Which configuration task needs to be completed before you can create Bills Receivables for a customer?

  • A. Define approval limits.
  • B. Define revenue scheduling rules.
  • C. Define drawee site.
  • D. Define standard memo lines.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

You are investigating the Receivables to General Ledger Reconciliation Report and must explain any variances to your Accounting Manager.
What two variance amounts should you expect to investigate in this report? (Choose two.)

  • A. Tax Variance
  • B. Receivables Variance
  • C. Accounting Variance
  • D. Intercompany Variance
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

Question #4

What do you need to total in order to find the total transaction price for a customer contract that is calculated by Revenue Management?

  • A. the billing amount for all performance obligations in the customer contract
  • B. the allocated amount for all performance obligations in the customer contract
  • C. the SSP amounts for all performance obligations in the customer contract
  • D. the selling price for all performance obligations in the customer contract
  • E. the extended SSP amounts for all performance obligations in the customer contract
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #5

Which statement is true about AutoAccounting?

  • A. AutoAccounting is set up at the Legal Entity level.
  • B. AutoAccounting is used to determine the default General Ledger accounts only for transactions that you import by using AutoInvoice.
  • C. IfAutoAccounting cannot determine all the accounting flexfield segments, it derives what it can and displays an incomplete accounting flexfield.
  • D. You cannot override the default General Ledger accounts thatAutoAccounting creates.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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