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Oracle 1Z1-1006 certification exam contains 60 multiple-choice questions and has a duration of 105 minutes. 1Z1-1006 exam tests the candidate's knowledge on various key topics such as Invoice to Cash Lifecycle, Receipt to Bank Lifecycle, Payments, Collections, Credit Management, Revenue Management, and Receivables Accounting. 1Z1-1006 exam also includes questions related to Implementation and Integration of Oracle Financials Cloud: Receivables.
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Oracle 1Z1-1006 certification exam is designed for individuals who want to obtain essential skills in managing Oracle financials. 1Z1-1006 examination is self-evidently rigorous, requiring candidates to demonstrate competence in various aspects of financials cloud. The Oracle 1Z1-1006 exam is unique in that it evaluates more than just technical expertise, testing candidates' practical application, and their ability to solve real-world financials cloud problems.
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Customer Management | 15% | - Utilize customer data import processes - Manage customers and accounts receivable relationships |
| Topic 2: Collections & Disputes | 15% | - Deploy delinquency processes - Manage disputes and customer correspondence - Configure and run collection strategies |
| Topic 3: Revenue Management | 5% | - Process bills receivable and revenue accounting - Explain performance obligations and SSP |
| Topic 4: Transaction Processing | 20% | - Process invoices, credit memos, and adjustments - Explain Autoinvoice functionality and accounting - Describe invoice print and presentment |
| Topic 5: Receipts & Reconciliation | 15% | - Manage customer refunds and chargebacks - Perform receivables to ledger reconciliation - Deploy receipt processing and applications |
| Topic 6: Reporting & Analytics | 10% | - Use Receivables Balances and Billing work areas - Analyze receivables information - Generate BIP and OTBI reports |
| Topic 7: Receivables Configuration & Setup | 20% | - Manage reference data sets - Configure subledger accounting - Set up transaction types and sources |
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