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From a free demo to 365 days of updates and a clear money-back policy, ExamPrepAway covers the whole Oracle Financials Cloud: Receivables 2022 Implementation Professional preparation cycle in one place. If the 1z0-1056-22 exam is on your 2026 roadmap, the 156 practice questions here are the fastest way to find out where you stand.
Oracle 1z0-1056-22 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Reporting and Analytics | 10% | - Receivables Reporting
|
| Customers and Customer Account Configuration | 20% | - Customer Management
|
| Transactions and Billing | 25% | - Receivables Transaction Processing
|
| Enterprise Structure and Receivables Foundations | 15% | - Configure Business Units and Ledgers
|
| Receipts and Cash Management | 20% | - Receipt Processing
|
| Collections, Adjustments and Period Close | 10% | - Receivables Management
|
Oracle 1z0-1056-22 Exam: Your Questions, Answered
The Oracle Financials Cloud: Receivables 2022 Implementation Professional exam is the official Oracle assessment behind the Oracle Financials Cloud credential, which sits at the Professional level. Passing it confirms that your skills meet the vendor's current requirements rather than a textbook outline. It also connects with related certifications such as Oracle Financials Cloud Certification, Oracle Financials Cloud: Receivables 2022 Implementation Professional Credential, so it can anchor a broader certification path.
According to the official exam information, the Oracle Financials Cloud: Receivables 2022 Implementation Professional exam includes 55 questions and gives you 90 minutes to complete them. Treat that as a pacing exercise, not just a knowledge check: bank the questions you know first, flag the ones that stall you, and circle back instead of burning minutes on a single item. Before test day, run at least one full timed session in the ExamPrepAway desktop or online test engine, so the clock never feels unfamiliar when it counts.
To pass the Oracle Financials Cloud: Receivables 2022 Implementation Professional exam you need 68%, and the official registration fee is USD $245. Keep one thing in mind: a failed attempt is not discounted, so retaking the exam means paying USD $245 again in full. A practical safeguard is to sit a complete ExamPrepAway practice test a week or two before your exam date; if your timed scores are not sitting comfortably above the passing mark, consider pushing your booking back and drilling the weak domains first.
The official prerequisites for the Oracle Financials Cloud: Receivables 2022 Implementation Professional exam are as follows: Oracle recommends implementation experience with Oracle Financials Cloud Receivables. No mandatory prerequisite exam is required.. Requirements can change over time, so confirm the details on the official Oracle exam page at https://education.oracle.com/oracle-financials-cloud-receivables-2022-implementation-professional/pexam_1Z0-1056-22 before you book your seat.
Yes. A free PDF demo of the Oracle Financials Cloud: Receivables 2022 Implementation Professional practice questions is available on the ExamPrepAway samples page, so you can check the question style and difficulty before spending anything. Every purchase also includes 365 days of free updates, and if your product expires after that period, you can extend the update service from your member zone at 50% off.
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The Oracle Financials Cloud: Receivables 2022 Implementation Professional syllabus is organized into 6 domains. The leading areas include Customers and Customer Account Configuration (20%), Enterprise Structure and Receivables Foundations (15%), and Receipts and Cash Management (20%). For the complete, topic-by-topic breakdown, scroll up to the Exam Topics section above.
Oracle Financials Cloud: Receivables 2022 Implementation Professional Sample Questions:
Which minimum Customer setup is required to create a receivables transaction?
- A. one customer account and one customer site with a bill-to site business purpose
- B. one customer account with two sites: one with a bill-to business purpose and the other with a ship-to business purpose
- C. one customer account without any customer site
- D. one customer account and one customer site with a ship-to site business purpose
Correct Answer: A 🗳️
Which two statements are true regarding the Promise to Pay feature in the Collections application?
- A. Promise information is updated by scheduling the Promise Reconciliation process.
- B. You cannot cancel a promise made in error if it is before the promise due date.
- C. You can cancel a promise made in error if it is before the promise due date.
- D. Mass promise to pay amounts automatically become partial payments.
Correct Answer: D 🗳️
Which three attributes are displayed in the detail table of the Balance forward Bill infotile? (Choose three.)
- A. Due date
- B. Past due Amount
- C. Billing date
- D. Amount due on Bill
- E. Collector
Correct Answer: A,C,D 🗳️
A Billing Specialist runs the Create Automatic Billing Adjustments program to automatically adjust the remaining balance on open invoices, but some of the amounts have exceeded the Billing Specialist's approval limits.
What would be the result?
- A. The program creates the adjustments only for the amounts within the Billing Specialist's approval limits.
- B. The program can be run only if the amount is within the Billing Specialist's approval limits.
- C. The program creates the adjustments with a status of Rejected for the amount that exceeds the Billing Specialist's approval limits.
- D. The program creates the adjustments with a status of Pending Approval for the amount that exceeds the Billing Specialist's approval limits.
Correct Answer: D 🗳️
Explanation: Only visible for ExamPrepAway members. You can sign-up / login (it's free).
Which two are rules applicable to issue of refunds? (Choose two.)
- A. You can refund receipts that are factored.
- B. You cannot refund more than either the original receipt amount or the remaining unapplied amount.
- C. You can refund receipts that were either remitted or cleared.
- D. You can issue a credit card refund to a customer who has made a cash payment.
Correct Answer: B,C 🗳️
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