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Updated: Nov 11, 2026
No. of Questions: 112 Questions & Answers with Testing Engine
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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2020 Implementation Essentials |
| Exam Number: | 1Z0-1056-20 |
| Exam Duration: | 85 minutes |
| Exam Format: | Multiple choice questions (MCQ) |
| Real Exam Qty: | 55 |
| Passing Score: | 64% |
| Related Certifications: | Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Oracle Financials Cloud Receivables Implementation Professional (Latest Version) Oracle Financials Cloud: Payables 2020 Implementation Essentials |
| Available Languages: | English |
| Exam Price: | USD 245 (may vary by region / currency) |
| Sample Questions: | Oracle 1Z0-1056-20 Sample Questions |
| Exam Way: | Delivered via Oracle's testing provider (e.g., Pearson VUE) with options for onsite test centers or online proctoring. |
| Pre Condition: | Recommended hands-on experience with Oracle Financials Cloud Receivables and related training courses; no formal prerequisites. |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-receivables-2020-implementation-essentials/pexam_1Z0-1056-20 |
| Section | Objectives |
|---|---|
| Topic 1: Collections | - Configure collections strategy - Implement delinquency processes - Manage dispute handling |
| Topic 2: Receipt Management | - Configure lockbox and automatic receipts - Deploy receipt processing - Handle receipt exceptions - Manage customer refunds |
| Topic 3: Bill Management | - Explain self-service billing functionality |
| Topic 4: Reporting | - Receivables to ledger reconciliation - Oracle Transactional Business Intelligence (OTBI) - Use BI Publisher reports - Explain how to design and use reporting tools |
| Topic 5: Receivables Configuration | - Import customer data - Define transaction types and sources - Auto-invoice and auto-accounting configuration - Configure customer and reference data sets |
| Topic 6: Billing | - Transactional tax calculations - Invoice print and presentment - Manage revenue - Process billing transactions |
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