Free Oracle 1Z0-1056-24 Practice Test & Real Exam Questions

  • Exam Code/Number: 1Z0-1056-24
  • Exam Name/Title: Oracle Financials Cloud: Receivables 2024 Implementation Professional
  • Certification Provider: Oracle
  • Corresponding Certification: Oracle Financials Cloud
  • Exam Questions: 144
  • Updated On: Jun 13, 2026
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,E Vote an answer
If AutoAccounting is set to derive accounting segments based on a standard line, the transaction line must be either ________________ or ________________. Otherwise, AutoAccounting cannot derive a valid account code combination for revenue recognition.
Identify the two values. (Choose two.)
Correct Answer: A,E Vote an answer
Which two determinant types are used in reference data assignment? (Choose two.)
Correct Answer: A,D Vote an answer
Your customer wants to override the calculated tax line amount for their receivable transaction.
What steps should the customer perform to ensure that only one of their employees has this privilege?
Correct Answer: A Vote an answer
Which statement is true about AutoAccounting?
Correct Answer: A Vote an answer
Which three receipts can be automatically applied by the "Apply Receipts Using AutoMatch" process?
Correct Answer: A,B,D Vote an answer
Where is the summary delinquency data displayed on the Collections Dashboard?
Correct Answer: C Vote an answer
When defining the receipt method for automatic receipt processing, the business requirement is to produce the minimum number of payments.
Which receipt rule should you define?
Correct Answer: A Vote an answer
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