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Oracle 1z0-1056-23 Exam Dumps - Actual Questions Answers

Oracle Financials Cloud: Receivables 2023 Implementation Professional

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  • Last Update: Mar 2, 2024
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1z0-1056-23 Questions and Answers

Question # 1

You are investigating the Receivables to General Ledger Reconciliation report and must explain any variances to your Accounting Manager.

What two variance amounts should you expect to investigate in this report?

A.

Accounting Variance

B.

Intercompany Variance

C.

Tax Variance

D.

Receivables Variance

Question # 2

Which flexfields does Autolnvoice require to identify transactions and transaction lines, if you load the interface using a customized form?

A.

Line-level transaction flexfield. Header-level transaction flexfield. and Link to transaction flexfield

B.

Line-level transaction flexfield and Header-level transaction flexfield

C.

Line-level transaction flexfield, Invoice transaction flexfield. Reference flexfield. and Link to transaction flexfield

D.

Line-level transaction flexfield. Header-level transaction flexfield. and Reference flexfield

Question # 3

You are asked to amend subledger accounting and reporting to include origin and history of Receivable transactions.

Which three event attributes should be used?

A.

Transaction number of amendments

B.

Transaction type of update

C.

Transaction creation date

D.

Transaction created by

E.

Transaction last update date

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Oracle 1z0-1056-23 Exam Dumps FAQs

1. What is the Oracle 1z0-1056-23 Oracle Financials Cloud: Receivables 2023 Implementation Professional Exam?

The Oracle 1z0-1056-23 Oracle Financials Cloud: Receivables 2023 Implementation Professional exam is a certification exam that tests your knowledge and skills in implementing Oracle Cloud Financials Receivables. Passing this exam is required to earn the Oracle Financials Cloud: Receivables 2023 Certified Implementation Professional certification.

2. What is the format of the Oracle 1z0-1056-23 Oracle Financials Cloud: Receivables 2023 Implementation Professional Exam?

The Oracle 1z0-1056-23 Oracle Financials Cloud: Receivables 2023 Implementation Professional exam is a hands-on performance-based professional level certification comprising of hands-on challenges and multiple-choice questions.

3. What are the prerequisites for taking the 1z0-1056-23 Oracle Financials Cloud: Receivables 2023 Implementation Professional Exam?

Oracle recommends at least one year of experience implementing Oracle Financials Cloud Receivables or equivalent experience with other ERP systems. Familiarity with financial accounting principles and cloud computing concepts is also beneficial.

4. What topics are covered in the Oracle 1z0-1056-23 Exam?

The Oracle 1z0-1056-23 exam focuses on various aspects of Oracle Financials Cloud Receivables, including:

  • Customer setup and management
  • Revenue recognition and accounting
  • Cash receipts and disbursements
  • Credit management and collections
  • Tax processing and reporting
  • Integration with other Oracle applications

5. What type of 1z0-1056-23 questions answers are on the exam?

The 1z0-1056-23 exam is a multiple-choice format with around 60-70 questions to be answered in 120 minutes. The 1z0-1056-23 questions answers will test your knowledge, understanding, and application of Oracle Financials Cloud Receivables concepts in real-world scenarios.

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8. What happens after I pass the Oracle 1z0-1056-23 Oracle Financials Cloud: Receivables 2023 Implementation Professional Exam?

Earning the Oracle 1z0-1056-23 certification validates your expertise and opens doors to new career opportunities in finance, accounting, and IT fields.

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