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| Section | Objectives |
|---|---|
| Topic 1: Processing Customer Payments | - Receipt Management
|
| Topic 2: Customer and Account Configuration | - Customer Setup
|
| Topic 3: Managing Customer Billing | - Transaction Processing
|
| Topic 4: Collections and Billing Extensions | - Advanced Receivables Functions
|
| Topic 5: Receivables Configuration | - System Setup
|
At present, the 1Z0-1056-24 exam's passing score is 75%, and registration costs USD 245 (varies by country). Since failing means registering again at full price, thorough preparation is the economical choice — and Oracle can revise both figures, so confirm them officially before booking.
The Oracle Financials Cloud: Receivables 2024 Implementation Professional blueprint is built around these main domains:
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Oracle publishes these prerequisites for the Oracle Financials Cloud: Receivables 2024 Implementation Professional: No strict prerequisites, but Oracle recommends familiarity with Fusion Financials and Accounts Receivable concepts..
Verify the current requirements on the official certification page.
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Per the latest exam information, the 1Z0-1056-24 exam contains 70 (approx.) questions with 90 minutes minutes to complete them. The PC Test Engine lets you simulate a full test event under these conditions to check your progress.
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Identify two values that default from Customer Profile Classes. (Choose two.)
Correct Answer: B,D 🗳️
Identify a valid reason for a Collector being unable to enter a dispute against a particular transaction.
Correct Answer: E 🗳️
The process of remitting receipts to a bank results in fund transfer errors.
Identify three corrective actions to resolve this. (Choose three.)
Correct Answer: A,B,D 🗳️
You are an IT contractor for a client who wants to increase internal controls on bank accounts set up in the Cash Management application. According to their new policy, a Cash Manager s ability to add. review, or make changes to bank accounts must be regionalized and restricted by their org structure.
Which statement is true about the restrictions applied to the setup?
Correct Answer: A 🗳️
Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).
Where is the summary delinquency data displayed on the Collections Dashboard?
Correct Answer: B 🗳️
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