Free Oracle 1z0-335 Practice Test & Real Exam Questions

Exam Code/Number: 1z0-335
Exam Name/Title: Oracle Financials Cloud: Receivables 2016 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Financials Cloud

Exam Questions: 165
Updated On: Aug 22, 2026

Question #1

Which statement is true when creating an Implementation Project for Financials Cloud?

A. Selecting the Offering "Financials," automatically allows you to perform the setup for all
Financials Cloud products.

B. You only need to make the project name unique, then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management and Supply
Cham Management.

C. You must select the Offering "Financials," and each individual product or option to perform the setup for each product in Financials Cloud.

D. Plan your implementation project carefully because you cannot delete it or make changes later.

E. The Implementation Project is preconfigured and cannot be deleted or changed.

Discussion 0

Correct Answer: C Vote an answer

Question #2

A customer calls into the Accounts Receivables Department asking for the balance of all invoices due in the next 30 days and has a question about a specific invoice line. As a
Billing Specialist what action will you perform?

A. Review receipt-, in pending status

B. Apply, reverse, or process the receipt.

C. Create an open debit memo.

D. Search for the information in the Review Customer Account Details user interface.

Discussion 0

Correct Answer: D Vote an answer

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Question #3

What are the two parameters on which Collectors can create and save customer lists?

A. Aging Bucket

B. Currency

C. Priority

D. Work Status

Discussion 0

Correct Answer: C,D Vote an answer

Question #4

You are creating a remittance bank account for the factored with recourse bills receivable remittance receipt method. Which bank account setup controls receipt application to short- term debt?

A. recall days

B. risk elimination days

C. lead days

D. short-term debt clearing days

E. Collection days

F. clearing days

Discussion 0

Correct Answer: F Vote an answer

Question #5

The Accounts Receivable Specialist associated duty include which three duties?

A. Receivables Accounting Duty

B. Payment Settlement Management Duty

C. Import Payables invoices Duty

D. Receipt Creation Duty

E. Trading Community Hierarchy Management Duty

Discussion 0

Correct Answer: A,B,D Vote an answer

Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

Question #6

Which role provide access to Receivables - Revenue Adjustments Real Time OTBI
Subject area?

A. Billing Specialist.

B. Accounts receivable Manager

C. Accounts Receivable specialist.

D. Revenue Manager

Discussion 0

Correct Answer: C Vote an answer

Question #7

Your customer may end up not paying a bill receivable after a risk has been eliminated on a closed bills receivable that was factored with recourse. Which two events occur when you re-establish the risk?

A. The customer's transaction status is changed to disputed and the bill is updated to a status of protested.

B. The status of the bill is updated to Completed.

C. The status of the bill is updated to protested.

D. Receivables unapplies the receipt that was created when the bill was factored and applies the receipt to short-term debt.

E. The status of the bill is updated to matured pending Risk Elimination.

Discussion 0

Correct Answer: D,E Vote an answer

Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

Question #8

A few transactions have resulted in an error during the Autoinvoice import process. What should use to correct these transactions?

A. ADFDI

B. Manage Transactions

C. Incomplete Transactions

D. File Based Data import

Discussion 0

Correct Answer: B Vote an answer

Question #9

You need to make decisions about how an application should behave, such as date ranges and defaults.
What should you consider before defining Collections Preferences?

A. Scheduled processes

B. system privileges

C. customer contact Information

D. User application privileges

E. the employees who are Involved with the collections process and how the collectors will be assigned

Discussion 0

Correct Answer: E Vote an answer

Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

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