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  • Total Questions: 165
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Oracle 1z1-335 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Receivables 2016 Implementation Essentials
Exam Number:1Z0-335
Exam Format:Multiple Choice, Multiple Answer
Exam Price:USD 245
Related Certifications:Oracle Financials Cloud Certified Implementation Specialist
Certificate Validity Period:Oracle certification policy applicable at time of certification
Exam Duration:105 minutes
Available Languages:English
Passing Score:65%
Real Exam Qty:55
Sample Questions:Oracle 1z1-335 Sample Questions
Exam Way:Oracle Testing Center or Oracle-authorized online proctored delivery (availability dependent on Oracle testing policy at the time).
Pre Condition:Oracle recommends knowledge of Oracle Financials Cloud Receivables implementation and business processes. No mandatory prerequisite exam.
Official Syllabus URL:https://education.oracle.com/

Oracle 1z1-335 Exam Syllabus Topics:

SectionObjectives
Revenue Management and Collections- Revenue Management
  • 1. Revenue Recognition
  • 2. Revenue Scheduling
- Collections
  • 1. Collections Strategies
  • 2. Delinquency Management
Transaction Processing- Invoice and Transaction Management
  • 1. Debit Memos
  • 2. Credit Memos
  • 3. Invoices
- Accounting and Tax
  • 1. Tax Configuration
  • 2. Revenue Accounting
Reporting and Period Close- Period-End Processing
  • 1. Accounting Review
  • 2. Reconciliation
  • 3. Period Close Activities
- Reporting
  • 1. Receivables Analytics
  • 2. Operational Reporting
Customer and Account Management- Customer Administration
  • 1. Customer Profiles
  • 2. Customer Accounts
  • 3. Account Sites
- Party and Relationship Management
  • 1. Trading Community Architecture
  • 2. Customer Relationships
Enterprise Structure and Receivables Setup- Receivables Configuration
  • 1. Transaction Sources
  • 2. Receivables System Options
  • 3. Receivables Profile Options
- Enterprise Configuration
  • 1. Business Units
  • 2. Ledgers and Legal Entities
  • 3. Reference Data Sets
Receipt Processing and Cash Management- Receipt Lifecycle
  • 1. Receipt Entry
  • 2. Receipt Reversal
  • 3. Receipt Application
- Collections and Settlement
  • 1. Bank Reconciliation
  • 2. Automatic Receipts
  • 3. Lockbox Processing

1z1-335 Exam FAQ: What Candidates Ask About Oracle Financials Cloud: Receivables 2016 Implementation Essentials

The 1z1-335 exam, officially titled Oracle Financials Cloud: Receivables 2016 Implementation Essentials, is the Oracle exam you pass to earn the Oracle Financials Cloud certification, a credential at the Associate level. Passing it confirms the skills defined in the official exam outline, and it is associated with related credentials such as Oracle Financials Cloud Certified Implementation Specialist.

The 1z1-335 exam includes 55 questions and gives you 105 minutes to finish them. That is a tight pace per question, so get used to reading each stem once, flagging anything uncertain, and moving on rather than getting stuck. Running timed practice tests in the Fast2test desktop or online test engine is the most reliable way to build that rhythm before exam day.

The passing score for the 1z1-335 exam is 65%, and the official registration fee is USD 245. Keep in mind that a failed attempt means paying USD 245 again in full to retake it, so book your slot only when your scores on Fast2test practice tests sit consistently above the passing line.

Oracle lists the following prerequisites or eligibility notes for the 1z1-335 exam: Oracle recommends knowledge of Oracle Financials Cloud Receivables implementation and business processes. No mandatory prerequisite exam.. Requirements can change over time, so confirm the details on the official exam page at Oracle's official site before you register.

Yes. Fast2test offers a free PDF demo of the 1z1-335 material, so you can check the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates, and if your product expires you can extend the update service at a 50% discount from your member zone.

Your purchase is protected by a 100% Money Back Guarantee with clear conditions: if you take the corresponding 1z1-335 exam within 60 days of purchase and do not pass, you can apply for a full refund. The candidate name must match the payer name, and you need to submit a scanned exam enrollment slip together with the official Score Report PDF within 2 days of taking the exam; claims are processed within 7 days. Sitting the exam within 3 days of purchase, downloading without taking the exam, free materials, and expired orders are not covered. If you would rather not take a refund, you can exchange your order for two free exam products of equal value and keep the update service on your original purchase.

Delivery is instant: your download links are emailed within one minute of payment, and you can also download directly from the website. If nothing arrives within 2 hours, contact customer service and check your spam folder. There is no limit on how many computers you can install the material on.

The 1z1-335 exam blueprint is divided into 6 domains, starting with Enterprise Structure and Receivables Setup; Reporting and Period Close; Revenue Management and Collections. For the complete domain-by-domain breakdown, see the Exam Topics section above — it lists every topic the current outline covers.

Oracle Financials Cloud: Receivables 2016 Implementation Essentials Sample Questions:

An invoice for $100 has revenue deferred due to unmet payment based contingencies and the Invoice Accounting Used for Credit Memos profile option is set to Yes. A credit memo of $50 has been issued against this Invoice. Explain how revenue accounting will occur.

  • A. Unearned revenue will be credited for $100.
  • B. Earned revenue will be credited for $50.
  • C. Unearned revenue will be debited for $50.
  • D. Earned revenue will be debited for $50.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

You have confirmed an automatic receipt in error. What is the correct method to rectify the error?

  • A. Delete the automatic receipt batch.
  • B. Unconfirm the automatic receipt.
  • C. Reverse and recreate the receipt.
  • D. Remove the receipt from the batch.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

You are creating a remittance bank account for the factored with recourse bills receivable remittance receipt method. Which bank account setup controls receipt application to short- term debt?

  • A. lead days
  • B. risk elimination days
  • C. Collection days
  • D. short-term debt clearing days
  • E. recall days
  • F. clearing days
Reveal Solution  Discussion  0

Correct Answer: F  🗳️

What three Items must be set up in the Application Set Up Manager to facilitate refunds?

  • A. Automatic Receipt Handling
  • B. Credit Card Chargeback
  • C. Non credit card refunds
  • D. Credit card refunds
  • E. Late charges
Reveal Solution  Discussion  0

Correct Answer: A,C,D  🗳️

What are the three Multiple Receipt Creation Methods available?

  • A. Standard remittance
  • B. Factor remittance
  • C. Lock box
  • D. Manual receipt creation
  • E. Automatic
Reveal Solution  Discussion  0

Correct Answer: A,B,E  🗳️

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

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