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Oracle 1z1-962 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Receipt Management | 15% | - Manage customer refunds and reversals - Reconcile receipts and bank statements - Process receipts and remittances - Apply receipts to open items |
| Topic 2: Reporting and Reconciliation | 10% | - Perform receivables to ledger reconciliation - Process intercompany reconciliations - Use OTBI and BI Publisher reports |
| Topic 3: Customer Management | 15% | - Configure customer profiles and payment terms - Manage customer accounts and sites - Import and maintain customer data |
| Topic 4: Receivables Configuration and Setup | 20% | - Manage reference data sets - Configure system options - Configure subledger accounting - Set up autoinvoice |
| Topic 5: Revenue Management | 10% | - Import and account for revenue - Manage standalone selling prices - Explain revenue contracts and performance obligations |
| Topic 6: Billing and Transactions | 20% | - Process invoices, credit memos, and adjustments - Apply late charges, write-offs, and chargebacks - Manage invoice printing and presentment - Create and process bills receivable |
| Topic 7: Collections Management | 10% | - Use collection work area - Configure collection preferences and strategies - Handle disputes and customer correspondence - Deploy delinquency processes |
1z1-962 Exam Essentials and Our Service System
Currently, the 1z1-962 exam's passing score is 65% and the registration fee is $245 USD. Both are Oracle's figures and subject to revision — verify them on the official site before you schedule.
Oracle recommends these official training resources:
Pair whichever course fits your background with regular engine-based practice for the fullest preparation.
Reliability here is built, not claimed. The 1z1-962 bank is written by a team of IT experts and certified trainers with a wealth of knowledge in the Oracle Financials Cloud: Receivables 2017 Implementation Essentials field, and we constantly keep it updated. The online test engine is the signature service: it fits the atmosphere of the actual test in advance, supports Windows, Mac, Android, and iOS, carries no installation limits, and lets you practice anytime, anywhere — perfectly suited to IT workers. Download the free sample first to learn about the product, and know that after purchase you may request the latest version at any time on top of 365 days of automatic updates.
The Oracle Financials Cloud: Receivables 2017 Implementation Essentials blueprint covers these core domains:
- Reporting and Reconciliation (10%)
- Billing and Transactions (20%)
- Customer Management (15%)
Further domains complete the official outline; the bank addresses every one.
Upon successful payment, our system automatically sends the product to your mailbox — typically within about a minute — with an instant download link on screen. If nothing arrives within two hours, check your spam folder and contact our 24/7 online support. Updates are free for 365 days: whenever a new version is released, we send the updated bank to your mailbox automatically — and you can also request the latest version from us at any time. A 50% renewal discount applies when the period ends.
Oracle states the following prerequisites for the Oracle Financials Cloud: Receivables 2017 Implementation Essentials: No mandatory prerequisites; hands-on experience with Oracle Financials Cloud is recommended.
Confirm the details on the official certification page before registering.
According to the latest exam information, the 1z1-962 exam includes 55 questions and allows 105 minutes minutes. The online engine reproduces those conditions so practice matches the formal test's atmosphere.
Registration goes through the official channels listed here:
Choose your test center or online session, and book early — then practice under real conditions until the day arrives.
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Oracle Financials Cloud: Receivables 2017 Implementation Essentials Sample Questions:
You are the Billing Manager and you are responsible for reviewing adjustments and approving them.
Which two tabs are available in the Adjustments Overview Region on the Billing Work Area page? (Choose two.)
- A. Pending Approval
- B. Pending Approval From Managers
- C. Pending My Research
- D. Pending My Approval
- E. Approved
Correct Answer: C,D 🗳️
If AutoAccounting is set to derive accounting segments based on a standard line, the transaction line must be either ________________ or ________________. Otherwise, AutoAccounting cannot derive a valid account code combination for revenue recognition.
Identify the two values. (Choose two.)
- A. a purchasing item
- B. an inventory item
- C. a credit memo line
- D. a standard memo line
- E. a debit memo line
Correct Answer: B,D 🗳️
Explanation: Only visible for GuideTorrent members. You can sign-up / login (it's free).
Identify two late charge interest calculation methods. (Choose two.)
- A. Average Daily Balance
- B. Overdue Transactions only
- C. Adjusted Balance
- D. Previous Balance
Correct Answer: A,B 🗳️
Explanation: Only visible for GuideTorrent members. You can sign-up / login (it's free).
Which three receipts can be automatically applied by a system? (Choose three.)
- A. receipts created in a lockbox and uploaded
- B. receipts created in a spreadsheet and uploaded
- C. miscellaneous receipts
- D. receipts that are unapplied
- E. receipts that are manually created
Correct Answer: A,C,E 🗳️
In which two ways would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for performance obligations over time? (Choose two.)
- A. by setting SM to "Requires Complete" and SMM to "Quantity"
- B. by setting SM to "Requires Complete" and SMM to "Percent"
- C. by setting SM to "Allow Partial" and SMM to "Percent"
- D. by setting SM to "Requires Complete" and SMM to "Period"
- E. by setting SM to "Allow Partial" and SMM to "Period"
Correct Answer: B,E 🗳️
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