Some candidates read on the train, others drill on a laptop, others review on a phone. Whichever you are, PracticeVCE has a format for the 1z0-1056-22 exam: a printable PDF, a Windows desktop test engine, or an online engine — all carrying the same 156 practice questions.
Oracle 1z0-1056-22 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Bill Management | 5% | - Configure Oracle Bill Management - Create and manage Bills Receivables lifecycle |
| Topic 2: Managing Customer Billing | 15% | - Run and validate Auto-Invoice process - Create and process Transactions - Manage Transaction printing and delivery - Calculate and apply Transactional Tax |
| Topic 3: Configuring and Using Advanced Collections | 5% | - Manage Collections work queues and strategies - Set up Advanced Collections framework - Design and implement Scoring Strategies |
| Topic 4: Reporting and Reconciliation | 10% | - Report using Business Intelligence Publisher (BIP) - Report using Oracle Transactional Business Intelligence (OTBI) - Perform Receivables to General Ledger reconciliation |
| Topic 5: Configuring Customer Payments | 15% | - Configure Automatic Receipts and Funds Capture - Configure Lockbox processing - Set up Customer Receipts |
| Topic 6: Configuring Customer Billing | 15% | - Manage Salespersons, Sales credits and account references - Manage Auto-Invoicing - Manage Transaction types, sources, Items and Memo lines - Manage Auto-Accounting rules - Configure Revenue recognition for Receivables |
| Topic 7: Configuring Common Receivables | 20% | - Configure Receivables using Rapid Implementation - Configure integration with other Oracle Cloud applications - Configure Cash Management integration - Configure Tax - Configure Receivables system options - Configure Subledger Accounting - Configure and Import Customers |
| Topic 8: Processing Customer Payments | 15% | - Create and process Bills Receivables and Remittances - Create and apply Receipts - Process Receipt applications and adjustments - Manage Receipt exceptions and corrections |
Oracle Financials Cloud: Receivables 2022 Implementation Professional Exam FAQ Hub
Registering for the Oracle Financials Cloud: Receivables 2022 Implementation Professional exam costs $245 USD, and you need 64% to pass. One detail worth remembering: a failed attempt is not discounted — retaking the exam means paying $245 USD again in full. Use the PracticeVCE test engine to benchmark yourself first; when your mock results consistently clear 64%, you are ready to book.
The 1z0-1056-22 exam is Oracle's official test for the Oracle Financials Cloud: Receivables 2022 Implementation Professional credential, a certification at the Implementation Professional level. Earning it tells employers your skills have been verified by the vendor itself, which carries real weight in hiring and promotion decisions. Within the same certification track, it sits alongside Oracle Financials Cloud 2022 Implementation Professional, so it can also serve as a stepping stone toward those credentials.
Oracle divides the Oracle Financials Cloud: Receivables 2022 Implementation Professional exam into 8 domains. The largest ones are Managing Customer Billing at 15%, Configuring Customer Billing at 15%, Configuring and Using Advanced Collections at 5% — together these account for the bulk of your score, so start there. The complete domain-by-domain outline appears in the exam topics section above on this page.
Two layers of protection here. First, delivery: your 1z0-1056-22 product is available for instant download, and a copy lands in your email within one minute of payment — if 2 hours pass with nothing (check spam first), our support team will resend it. There is no cap on how many computers you can install it on. Second, the refund policy: if you take the 1z0-1056-22 exam within 60 days of purchase and fail, you may claim a full refund. The claim needs a scanned enrollment slip plus your official Score Report PDF, filed within 2 days after the exam, and it is settled within 7 days. The policy covers only the corresponding exam — attempts within 3 days of purchase, exams never actually taken, free materials, and expired orders are excluded, and the candidate's name must match the payer's. If you would rather keep studying, you can instead exchange your product for two free exam products of equal value and keep the update service on your original purchase.
You will face 58 questions in 90 minutes on the Oracle Financials Cloud: Receivables 2022 Implementation Professional exam. Do the math and the per-question budget is tight, which is why pacing drills matter as much as content review. Our advice: take two or three full timed mocks in the PracticeVCE engine before the real thing, and practice skipping a stubborn question instead of burning five minutes on it.
Yes — Oracle lists these official training options for Oracle Financials Cloud: Receivables 2022 Implementation Professional candidates:
Formal training teaches the syllabus; then the 156 practice questions from PracticeVCE show you whether that knowledge holds up under real exam conditions.
Of course. PracticeVCE publishes a free PDF demo for the Oracle Financials Cloud: Receivables 2022 Implementation Professional exam so you can review real sample questions and answers first. Every purchase also includes 365 days of free updates, and after that period you can renew the update service at a 50% discount directly from your member zone.
No mandatory prerequisites; 6–12 months of hands-on implementation experience with Oracle Financials Cloud is highly recommended Eligibility rules are set by Oracle and do change from time to time, so double-check the latest requirements on the official exam page at https://education.oracle.com/oracle-financials-cloud-receivables-2022-implementation-professional/pexam_1Z0-1056-22 before you register.
Registration for the 1z0-1056-22 exam runs through these official channels:
As for how you will actually sit the exam: Online proctored or Onsite testing center via Pearson VUE. Choose whichever delivery option suits your setup when you book.
Oracle Financials Cloud: Receivables 2022 Implementation Professional Sample Questions:
You are a functional user who has been tasked with creating an Oracle Transactional Business Intelligence (OTBI) analysis. You are still learning how to use OTBI, and the analysis you need to create is not complex.
Which two tools should you use to create this analysis? (Choose two.)
- A. BI Composer
- B. Answers
- C. Report Builder
- D. Visual Builder add on to Excel
Correct Answer: C,D 🗳️
You created a bills receivable that is factored with recourse and applied a wrong receipt to the short-term debt before the bill maturity date plus the risk elimination days.
Which actions are true? (Choose two.)
- A. If the bills receivable is recalled before the maturity date, the status of the bills receivable is updated to Pending Remittance.
- B. If the bills receivable is recalled before the maturity date, the status of the bills receivable is updated to Protested.
- C. If the bills receivable is recalled after the maturity date, the status of the bills receivable is updated to Recall.
- D. If the bills receivable is recalled after the maturity date, the status of the bills receivable is updated to Unpaid.
- E. If the bills receivable is recalled after the maturity date, the status of the bills receivable is updated to Hold.
Correct Answer: A,C 🗳️
Explanation: Only visible for PracticeVCE members. You can sign-up / login (it's free).
How can a Collector assigned to a Customer modify a strategy that is assigned from the Collections Dashboard?
- A. The strategy can be modified from the Manage Customers page.
- B. A strategy is automatically assigned based on Scoring and cannot be manually assigned to a Customer by a Collector.
- C. The Collector can modify the strategy from the Profile > Strategies tab.
- D. Only a Collections Administrator can modify the strategy.
Correct Answer: B 🗳️
Which three transaction types are used to generate late charges? (Choose three.)
- A. Credit Memo
- B. Cash Receipts
- C. Adjustments against the original transaction
- D. Debit Memo
- E. Interest Invoice
Correct Answer: A,C,E 🗳️
Explanation: Only visible for PracticeVCE members. You can sign-up / login (it's free).
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 customer does not have the default strategy and default collector assigned at the customer account and site level.
- E. 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.
- F. The Collections Manager creates a bankruptcy request in the Customer Relationship Management (CRM) application and a collector should be configured as a resource.
Correct Answer: B,E 🗳️
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