Oracle : 1Z0-1056-24 Questions & Answers
Updated: Aug 04, 2026
No. of Questions: 144 Questions & Answers with Testing Engine
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Oracle 1Z0-1056-24 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Receivables Configuration | - System Setup
|
| Customer and Account Configuration | - Customer Setup
|
| Managing Customer Billing | - Transaction Processing
|
| Collections and Billing Extensions | - Advanced Receivables Functions
|
| Processing Customer Payments | - Receipt Management
|
Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:
1. Which four output file types are available when you run the "Print Receivables Transactions" program?
A) HTML
B) Zipped PDFs
C) JPG
D) Excel
E) Word
F) PDF
2. One of the customers pays its bills electronically from their bank account (Direct debit).
Which process do you need to run in Receivables to initiate the transfer of funds from their bank account to your organization's bank account?
A) Remittance Process
B) Clear Receipts Automatically Process
C) Automatic Receipt Process
D) Lockbox Process
3. Which statement is true about Balance Forward Billing?
A) Transactions included on a Balance Forward Bill can be updated.
B) The Balance Forward Bill of a previous cycle need not be generated as Final to generate the Balance Forward Bill of the current cycle.
C) Balance Forward Bills must be enabled at each bill-to-site level.
D) Balance Forward Bills can be created for a future date.
4. A Billing Specialist creates an adjustment for an incorrect invoice that exceeds a user's approval limit.
What is the status of the adjustment?
A) Approval Required
B) Pending Approval
C) Pending Research
D) Forwarded for Approval
5. Which two duties are included in the Accounts Receivable Specialist associated role? (Choose two.)
A) Trading Community Hierarchy Management Duty
B) Payment Settlement Management Duty
C) Receipt Creation Duty
D) Import Payables Invoices Duty
Solutions:
| Question # 1 Answer: A,B,D,F | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: B,D |
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