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The pass rate for the 1Z1-1056 exam is genuinely low, and many candidates need two or three attempts — each one costing another registration fee and more weeks of study. In 2026, preparing thoroughly for one focused attempt with the Oracle Financials Cloud: Receivables 2019 Implementation Essentials question bank at PracticeDump is simply the cheaper strategy.
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2019 Implementation Essentials |
| Exam Number: | 1Z0-1056-19 |
| Exam Format: | Scenario-based Questions, Multiple Choice, Multiple Response |
| Exam Duration: | 120 minutes |
| Certificate Validity Period: | Typically 18–24 months or until next major product update (varies by Oracle certification policy) |
| Available Languages: | English, Simplified Chinese, Japanese |
| Related Certifications: | Oracle Financials Cloud: General Ledger Implementation Essentials Oracle Financials Cloud Implementation Specialist Oracle Financials Cloud: Payables Implementation Essentials |
| Exam Price: | $245 USD (may vary by region) |
| Real Exam Qty: | Approximately 55–75 questions |
| Passing Score: | Approximately 65% (scaled score, subject to Oracle updates) |
| Recommended Training: | Oracle Financials Cloud Learning Path Oracle University Financials Cloud Training |
| Exam Registration: | Oracle Certification Registration Pearson VUE Oracle Exams |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored or authorized test center delivery via Pearson VUE |
| Pre Condition: | Basic knowledge of Oracle Financials Cloud concepts and accounting principles is recommended; no mandatory prerequisite exam required |
| Official Syllabus URL: | https://education.oracle.com |
| Section | Objectives |
|---|---|
| Transaction Processing | - Revenue and accounting entries
|
| Receivables Setup and Configuration | - Enterprise structure and setup prerequisites
|
| Reporting and Integration | - Integration with other modules
|
| Collections and Credit Management | - Collections strategies
|
| Receipts and Cash Management | - Receipt creation and application
|
Currency is maintained daily, not occasionally. Our IT staff reviews and updates the Oracle Financials Cloud: Receivables 2019 Implementation Essentials question bank every day to keep it aligned with the live 1Z1-1056 exam. If a revision is underway when you buy or during your update period, we notify you and send the updated version as soon as it is ready — free within your 365 days of updates. You will never be left studying a stale edition without knowing it.
The 1Z1-1056 exam is the official assessment behind the Oracle Financials Cloud: Receivables 2019 Implementation Essentials certification from Oracle, and its pass rate is genuinely low — many candidates need two or three attempts to get through. The difficulty is real, but it is also manageable: candidates who prepare with material aligned to the published objectives give themselves a far better starting position than those who walk in underprepared.
Registration for the 1Z1-1056 exam runs through these official channels:
Given how commonly this exam takes more than one attempt, schedule your sitting only when your practice results say you are ready.
The official outline divides the 1Z1-1056 exam into weighted domains, including:
The Oracle Financials Cloud: Receivables 2019 Implementation Essentials question bank at PracticeDump is updated daily against these same objectives, and the free practice test lets you sample that alignment yourself.
Oracle recommends these training resources for candidates:
Official training builds the foundation; a daily-reviewed practice bank with expert-verified answers builds the exam-day readiness. Use both.
Only while you want us to. Update notifications about the Oracle Financials Cloud: Receivables 2019 Implementation Essentials materials are sent because they are useful; once you have passed the 1Z1-1056 exam, one email to our team opts you out completely — no junk mail, ever. Your personal information is kept secret and safe throughout, and never shared with third parties.
Passing the 1Z1-1056 exam requires Approximately 65% (scaled score, subject to Oracle updates), and registration costs $245 USD (may vary by region) — per attempt. With retakes so common on this exam, preparing properly for one focused attempt is the choice that protects your budget.
The 1Z1-1056 exam contains Approximately 55–75 questions questions with 120 minutes minutes to complete them. Practicing under the same time limit is the reliable way to make exam-day pacing feel familiar rather than frantic.
Basic knowledge of Oracle Financials Cloud concepts and accounting principles is recommended; no mandatory prerequisite exam required
Which transactions are included when transactions of specified customers are selected in the Create Balance Forward Billing Program?
Correct Answer: B 🗳️
A Billing Specialist has created and completed an invoice for $100 USD for Customer A.
The Specialist prints the invoice and realizes that the invoice should have been created for Customer B.
The accounting for the transaction for Customer A is posted to the General Ledger.
How can this be corrected?
Correct Answer: C 🗳️
There are a few customers that you do not want to send dunning letters to.
How would you exclude these customers from dunning?
Correct Answer: E 🗳️
Which three benefits do intercompany reconciliation reports provide to an accountant?
Correct Answer: A,B,D 🗳️
You have created a sales invoice for $900 USD with an item line of $750 USD and a tax rate of 20%. The customer has made a payment of $500 USD and you are required to process the cash application to apply the
$500 USD to the item line and $0 USD to tax.
How would you achieve this?
Correct Answer: A 🗳️
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