Holding down a full-time job while chasing the 1Z1-1006 credential leaves little room for marathon study sessions. ActualCollection built its Oracle Financials Cloud: Receivables 2018 Implementation Essentials package for exactly that crowd: 80 practice questions you can chip away at in spare minutes, and in 2026 that flexibility matters more than ever.
Oracle 1Z1-1006 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2018 Implementation Essentials |
| Exam Number: | 1Z0-1006 |
| Passing Score: | 68% |
| Real Exam Qty: | 70 |
| Exam Price: | USD 245 |
| Related Certifications: | Oracle Financials Cloud Receivables 2018 Certified Implementation Specialist |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Certificate Validity Period: | Oracle certification program policy applies; no fixed expiration period published for this credential |
| Exam Format: | Multiple Choice, Multiple Response |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Pearson VUE testing center or Oracle online proctored exam delivery, subject to regional availability. |
| Pre Condition: | No mandatory prerequisite exam. Oracle recommends hands-on experience with Oracle Financials Cloud Receivables implementation and configuration. |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-receivables-2018-implementation-essentials/pexam_1Z0-1006 |
Oracle 1Z1-1006 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Receivables Configuration | 25% | - Core Setup
|
| Accounting and Period Close | 10% | - Accounting Processes
|
| Transactions Processing | 20% | - Receivables Transactions
|
| Reporting and Integration | 5% | - Reporting Features
|
| Receipts and Collections | 15% | - Receipt Processing
|
| Receivables Overview and Enterprise Structure | 10% | - Receivables Fundamentals
|
| Customer and Account Management | 15% | - Customer Data Management
|
Oracle 1Z1-1006 Certification Exam Q&A
Oracle Financials Cloud: Receivables 2018 Implementation Essentials is an official Oracle exam, registered under the code 1Z1-1006. A passing score earns you the Oracle Financials Cloud certification, positioned at the Associate level. The credential also connects to Oracle Financials Cloud Receivables 2018 Certified Implementation Specialist, so it can anchor a broader certification path. Because Oracle designs its exams around real job tasks, holding this certification signals practical skill rather than memorized theory.
Candidates face 70 questions inside a 120 minutes window on the Oracle Financials Cloud: Receivables 2018 Implementation Essentials exam. That ratio leaves little slack, which is why pacing deserves as much practice as the content itself. Learn to budget your minutes, park stubborn questions instead of wrestling them, and rehearse under a real clock: a few timed runs in the ActualCollection test engine will make the official time limit feel routine rather than threatening.
The passing bar for Oracle Financials Cloud: Receivables 2018 Implementation Essentials is set at 68%, and registering for the exam officially costs USD 245. There is no reduced price for a second try: fail, and you pay USD 245 in full again. That makes honest self-testing the cheapest insurance available, so hold off on booking until your ActualCollection practice scores sit clearly above the passing line, attempt after attempt.
No mandatory prerequisite exam. Oracle recommends hands-on experience with Oracle Financials Cloud Receivables implementation and configuration.
Vendor policies are revised from time to time, so double-check the eligibility details before registering on the official exam page.
Absolutely. A free PDF demo of the Oracle Financials Cloud: Receivables 2018 Implementation Essentials questions is available at ActualCollection, so you can inspect the quality and formatting before any money changes hands. Once you buy, updates are free for 365 days, and when that period runs out you can extend the update service at 50% off the regular price.
ActualCollection offers a 100% money-back guarantee with specific conditions. If you take the Oracle Financials Cloud: Receivables 2018 Implementation Essentials exam within 60 days of purchase and fail, you may claim a full refund, provided the exam matches your product. Sitting the exam within 3 days of purchase disqualifies a claim, as do downloaded-but-unused products, free materials, and expired orders; the candidate name must also match the payer name. To file, submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and the claim is processed within 7 days. If you prefer, you can skip the refund and instead receive two other exam products of equal value at no charge while keeping the update service on your original purchase.
As for delivery: it is immediate. Your files become downloadable the moment payment completes and are also emailed to you within one minute. If nothing shows up within 2 hours, contact customer service. You may install the software on an unlimited number of computers.
Oracle Financials Cloud: Receivables 2018 Implementation Essentials is divided into 7 official domains. Among the headline areas are Transactions Processing (20%), Receipts and Collections (15%), and Receivables Overview and Enterprise Structure (10%). Scroll up to the exam topics section for the full breakdown, and use it as a checklist: any line you cannot confidently explain deserves another round of practice.
Oracle Financials Cloud: Receivables 2018 Implementation Essentials Sample Questions:
Question 1
Which method is used to allocate total transaction price across performance obligations in Revenue Management?
A. Alternative Allocation Method
B. Inverted Allocation Method
C. Relative Allocation Method
D. Residual Allocation Method
E. Two Step Allocation Method
Question 2
Which three receipts can be automatically applied by a system? (Choose three.)
A. receipts created in a spreadsheet and uploaded
B. miscellaneous receipts
C. receipts created in a lockbox and uploaded
D. receipts that are unapplied
E. receipts that are manually created
Question 3
Which statement is true about Balance Forward Billing?
A. The Balance Forward Bill of a previous cycle need not be generated as Final to generate the Balance Forward Bill of the current cycle.
B. Transactions included on a Balance Forward Bill can be updated.
C. Balance Forward Bills must be enabled at each bill-to-site level.
D. Balance Forward Bills can be created for a future date.
Question 4
Identify three activities that you can perform from the Collections Dashboard. (Choose three.)
A. View the Total Amount Due for delinquent customers.
B. Record an activity to create a task or tasks to follow up on a delinquent customer.
C. Assign a Collector to a delinquent customer.
D. Verify Customer Payments.
E. Update the work status of a work item for a delinquent customer.
Question 5
In what three ways will changing customer information impact the collection process? (Choose three.)
A. Changing the Collector impacts the individual working with the delinquent customer.
B. Changing information on the Profile tab does not have an impact on the level at which collections are done.
C. Business-unit-level changes will not impact the display of delinquent customers on the dashboard.
D. Adding or modifying customer contact name on the Contacts tab impacts where the correspondence is sent.
E. Making changes on the Profile tab impacts the collection process.
Solutions:
| Question 1 Answer: E | Question 2 Answer: B,C,E | Question 3 Answer: C | Question 4 Answer: A,C,E | Question 5 Answer: A,D,E |
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