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Exam Code: 1Z0-1056-20
Exam Name: Oracle Financials Cloud: Receivables 2020 Implementation Essentials
Updated: Jul 23, 2026
Q & A: 112 Questions and Answers
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Oracle 1Z0-1056-20 exam measures the candidates' knowledge and abilities to configure and manage Receivables to automate and streamline a company’s financial processes. These include setting up transaction types, customer profiles, receipt methods, and the cash application process. 1Z0-1056-20 exam focuses on Cloud Receivables modules and covers their configuration, reporting, and integration with other modules. Oracle Financials Cloud: Receivables 2020 Implementation Essentials certification validates the candidate's expertise in implementing and customizing the Receivables modules in Oracle Financials Cloud.
Oracle 1Z0-1056-20 exam consists of 60 multiple-choice questions that must be completed within 105 minutes. Candidates are required to score at least 66% to pass the exam. 1Z0-1056-20 exam covers a wide range of topics related to Oracle Financials Cloud, including accounts receivable processes, transactions, cash management, revenue management, collections management, customer management, and reporting.
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| Section | Weight | Objectives |
|---|---|---|
| Collections & Credit Management | 20% | - Adjustments & Write-Offs
|
| Receivables Foundation & Setup | 25% | - Customer Management
|
| Reporting & Period Close | 10% | - Reporting Tools
|
| Receipts & Cash Management | 25% | - Advanced Receipt Functions
|
| Transactions & Billing | 20% | - Billing Processing
|
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