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Oracle 1Z0-518 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle E-Business Suite R12.1 Receivables Essentials |
| Exam Number: | 1Z0-518 |
| Available Languages: | Simplified Chinese, English, Korean, Japanese |
| Exam Price: | USD $245 (may vary by region/tax) |
| Passing Score: | 60% |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 64 |
| Exam Format: | Multiple Choice |
| Certificate Validity Period: | Valid for Oracle E-Business Suite 12 / 12.1; no fixed expiration |
| Recommended Training: | E-Business Suite Financial Management Training R12 Oracle Receivables Management Fundamentals |
| Exam Registration: | Oracle University Registration Pearson VUE Scheduling |
| Sample Questions: |  |
| Exam Way: | Online proctored or at authorized Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended hands-on experience with Oracle EBS R12 Financials |
| Official Syllabus URL: | https://education.oracle.com/oracle-e-business-suite-r12-1-receivables-essentials/pexam_1Z0-518 |
Oracle 1Z0-518 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| E-Business Essentials | 15% | - Shared Entities and Integration
|
| Invoicing & Transactions | 25% | - Process Invoices
|
| Accounting & Period Close | 15% | - Period Closing
|
| Receipts & Applications | 20% | - Implement Receipts
|
| Receivables Overview & Setup | 20% | - Oracle Receivables Process Overview
|
| Credit Management & Reporting | 5% | - Reports & Architecture
|
Oracle 1Z0-518 Exam: Frequently Asked Questions
The Oracle EBS R12.1 Receivables Essentials exam is the official Oracle test registered under exam code 1Z0-518. Passing it earns you the Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables certification, a credential at the Implementation Specialist level. Oracle exams are valued because they test job-ready skills, so a passing score here carries real weight on a resume.
The Oracle EBS R12.1 Receivables Essentials exam includes 64 questions to be completed within 120 minutes. Do the pacing math before exam day: with that many items on the clock, you need a steady rhythm and the discipline to flag a hard question and move on instead of stalling. Two or three full timed sessions with the ActualCollection test engine will show you exactly what that pace feels like, so time pressure stops being a factor on the real day.
To pass the Oracle EBS R12.1 Receivables Essentials exam you need 60%, and the official registration fee is USD $245 (may vary by region/tax). A retake is not discounted: a failed attempt means paying the full USD $245 (may vary by region/tax) again, so treat your first sitting as the expensive one. A sensible rule is to book your seat only after you are scoring comfortably above the passing mark on the ActualCollection practice tests, not just squeaking past it once.
No mandatory prerequisites; recommended hands-on experience with Oracle EBS R12 Financials
Eligibility rules do change from time to time, so confirm the current requirements before you register on the official exam page.
Registration for the Oracle EBS R12.1 Receivables Essentials exam goes through the official channels below.
As for the delivery format, the exam is taken Online proctored or at authorized Pearson VUE test centers.
Oracle points candidates toward the following training options for Oracle EBS R12.1 Receivables Essentials.
Course work builds the foundation; question practice makes it stick. The 100 practice questions in the ActualCollection 1Z0-518 package let you rehearse each topic under exam-style pressure before the real thing.
Yes. ActualCollection offers a free PDF demo of the Oracle EBS R12.1 Receivables Essentials material so you can judge the question quality and format before spending anything. After purchase, your license includes 365 days of free updates, and if you want to keep receiving updates after that period, renewals are available at a 50% discount.
If you take the Oracle EBS R12.1 Receivables Essentials exam within 60 days of your purchase and do not pass, ActualCollection backs you with a 100% money-back guarantee. The claim must match the exam your product covers: attempts taken within 3 days of purchase are not eligible (that is too little preparation time), and neither are downloaded-but-unused products, free materials, or expired orders. The candidate name must match the payer name, and you need to submit a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Prefer not to refund? You can swap instead and receive two other exam products of equal value for free while keeping the update service on your original purchase.
Delivery itself is instant: your files are downloadable right away and emailed to you within one minute of payment. If nothing arrives within 2 hours, contact customer service. There is no limit on how many computers you may install the software on.
The official Oracle EBS R12.1 Receivables Essentials syllabus is organized into 6 domains. Key areas include Invoicing & Transactions (25%), Receipts & Applications (20%), and E-Business Essentials (15%). The complete, up-to-date topic list appears in the exam topics section above; work through it line by line and flag anything you cannot yet explain in your own words.
Oracle EBS R12.1 Receivables Essentials Sample Questions:
Question 1
You are Involved In a project to upgrade to Oracle E-Business Suite, Release 12. You need more Information about the upgrade processes and paths.
Where would you find the upgrade guide for Oracle E-Business Suite?
A. Bug Database
B. Metal ink Knowledge Base
C. Oracle Technology Network
D. Customer Knowledge Exchange
E. Technical Forums
F. AppsNet
Question 2
To properly associate one transaction type with another In Receivables, you have to define transact/on types In a specific order. Identify the correct order.
A. credit memo, invoice, debit memo
B. debit memo, credit memo, invoice
C. Invoice, debit memo, credit memo
D. credit memo, debit memo, invoice
E. debit memo, invoice, credit memo
F. invoice, credit memo, debit memo
Question 3
Oracle Credit Management (OCM) uses lookups to help speed up data entry and increase accuracy. Select two required lookups used by OCM. (Choose two.)
A. credit review type
B. credit rating
C. payment terms
D. risk code
E. credit classification
Question 4
Select three statements that apply to IReceivables. (Choose three.)
A. It Is a Web-based self-service application.
B. It is geared towards call centers, as well as credit and collections departments.
C. It can be used to initiate the Oracle Approvals Management (AME) credit memo request workflow.
D. It can be used to verify the status of Invoices and receipts.
Question 5
Company ABC is implementing Oracle User Management (OUM). It has decided to implement the Self Service and Approvals access control layer.
What are the three self-service registration tasks an end user can perform? (Choose three.)
A. Obtain new user accounts.
B. Request deactivation of responsibility
C. Request additional access to the applications
D. Request reports to be added to request set.
E. Reset passwords.
Solutions:
| Question 1 Answer: B | Question 2 Answer: A | Question 3 Answer: A,E | Question 4 Answer: A,C,D | Question 5 Answer: A,C,E |
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