Oracle 1z0-962

A Oracle credential still carries real weight with hiring managers, and the Oracle Financials Cloud: Receivables 2017 Implementation Essentials exam is your way in. Dumpkiller gives you 80 practice questions so you can walk into the 1z0-962 testing center with confidence.

Oracle 1z0-962 Exam Overview:

Oracle 1z0-962 Exam Syllabus Topics:

What Candidates Ask About the Oracle 1z0-962 Exam

Can you give me an overview of the 1z0-962 exam?

The Oracle Financials Cloud: Receivables 2017 Implementation Essentials exam (code: 1z0-962) is the official Oracle exam that leads to the Oracle Financials Cloud Receivables 2017 certification. It sits at the Implementation Specialist level of the Oracle certification track. It is also connected with related credentials such as Oracle Financials Cloud: Payables 2017 Implementation Essentials, Oracle Financials Cloud: General Ledger 2017 Implementation Essentials, Oracle Revenue Management Cloud Service 2017 Implementation Essentials. Passing it proves to employers that your skills have been validated by Oracle itself, which is why the 1z0-962 credential keeps showing up in job postings.

How many questions are in the 1z0-962 exam, and how long does it take?

The Oracle Financials Cloud: Receivables 2017 Implementation Essentials exam gives you 105 minutes to work through Approximately 55. Pacing matters more than most candidates expect, so before exam day, run at least one full timed session in the Dumpkiller test engine to learn how long you can afford per question. If an item stalls you, flag it and move on — coming back later beats burning five minutes on a single question.

What score do I need to pass the 1z0-962 exam, and how much does it cost?

The passing score for the Oracle Financials Cloud: Receivables 2017 Implementation Essentials exam is 65%, and the official registration fee is USD $245 (approx.). Remember that a failed attempt means paying that fee in full again, so a timed self-assessment with Dumpkiller practice questions about a week before your exam date is a cheap way to confirm you are scoring comfortably above 65%.

Are there any prerequisites for the 1z0-962 exam?

According to Oracle, the following applies: Basic understanding of accounts receivable processes and familiarity with Oracle Cloud applications is beneficial.. Certification policies do change from time to time, so confirm the latest requirements on the official exam page at https://education.oracle.com/exam_test?exam=1Z0-962 before you register.

Can I try the 1z0-962 practice questions before buying?

Yes. Dumpkiller offers a free 1z0-962 PDF demo so you can review the question style, difficulty, and explanations before committing to anything. After purchase, your Oracle Financials Cloud: Receivables 2017 Implementation Essentials material includes 365 days of free updates, and if your product expires after that, you can extend the update service at a 50% discount from your member zone.

What happens if I do not pass the 1z0-962 exam, and how is my order delivered?

If you take the corresponding 1z0-962 exam within 60 days of your purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee, subject to a few conditions: the failed exam must be the one matching your purchase; sitting the exam within 3 days of purchase does not qualify, since that leaves too little preparation time; downloading the material without actually taking the exam does not qualify; free materials and expired orders are excluded; and the candidate name must match the payer name. To apply, send a scanned copy of your enrollment slip together with your official Score Report (PDF) within 2 days after the exam, and claims are processed within 7 days. If you would rather not take a refund, you can exchange your purchase for two free products of equal value while keeping the update service on the product you originally bought. As for delivery, everything is an instant download: your products are sent to your email within one minute of payment — contact customer service if nothing arrives within 2 hours — and there is no limit on the number of computers you can install the software on.

What topics are covered in the 1z0-962 exam?

The official Oracle Financials Cloud: Receivables 2017 Implementation Essentials syllabus is organized into 4 main domains. The first three are Receivables Setup and Configuration, Collections and Receipts Management, and Transaction Processing and Billing. For the full domain-by-domain breakdown, see the complete Exam Topics outline above.

Oracle Financials Cloud: Receivables 2017 Implementation Essentials Sample Questions:

Question #1

When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition.
Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two.)

A. Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet.
B. Time-based contingencies must not expire before the contingency can be removed and revenue recognized.
C. Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing.
Customer acceptance or its expiration must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.
D. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized.
E. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.

Question #2

Identify a valid reason for a Collector being unable to enter a dispute against a particular transaction.

A. The transaction is an invoice.
B. The transaction is partially paid.
C. The transaction date falls in a closed period.
D. The transaction type is not associated with a credit memo type.
E. The invoice is not closed.

Question #3

Which statement is true about Balance Forward Billing?

A. Balance Forward Bills must be enabled at each bill-to-site level.
B. Balance Forward Bills can be created for a future date.
C. The Balance Forward Bill of a previous cycle need not be generated as Final to generate the Balance Forward Bill of the current cycle.
D. Transactions included on a Balance Forward Bill can be updated.

Question #4

What are three functions of the Create Automatic Receipt Write-offs program? (Choose three.)

A. scheduling periodic write-offs to occur in future periods
B. scheduling periodic write-offs as receipt adjustments for old remaining balances
C. limiting write-offs by a percentage of the original receipt amount
D. scheduling periodic write-offs as receipt adjustments for small remaining balances
E. creating write-offs for specific currencies and customers

Question #5

What validation step is required for implementing dispute processing?

A. All transactions are of the invoice type.
B. BPM Work List for approval configuration is validated.
C. Periods for which the transaction can be disputed are Open.
D. The Recognize Revenue Program is scheduled.

Solutions: