Passing the Oracle 1Z0-1074-22 (Oracle Cost Management Cloud 2022 Implementation Professional)
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1Z0-1074-22 Exam Objectives & Details
Introduction
If you are planning to become an Oracle Financials Cloud: Receivables 2022 Implementation Professional, the Oracle 1Z0-1056-22 exam is a key step in your certification journey. This exam validates your knowledge and skills in implementing and configuring Oracle Receivables Cloud solutions. By passing the 1Z0-1056-22 exam, you demonstrate your expertise in handling financial processes related to receivables, invoicing, collections, revenue recognition, and more.
Exam Objectives
The 1Z0-1056-22 exam covers a range of topics related to Oracle Financials Cloud: Receivables 2022 Implementation. The exam objectives include:
- Implementing Receivables Processes
- Setting Up Revenue Management and Invoice Processing
- Configuring Receivables Activities
- Managing Collections and Receipts
- Handling Credit Management and Transaction Tax
- Utilizing Reporting and Analytics for Receivables
- Implementing Advanced Collections
- Configuring Receipt Accounting and Receipt Print
Exam Details
To take the 1Z0-1056-22 Oracle Financials Cloud: Receivables 2022 Implementation Professional exam, you need to be aware of the following details:
- Exam Code: 1Z0-1056-22
- Exam Title: Oracle Financials Cloud: Receivables 2022 Implementation Essentials
- Exam Cost: The cost may vary depending on your country and local currency. It is recommended to check the Oracle certification website or contact Oracle directly for the most up-to-date pricing information.
- Passing Score: The passing score for the 1Z0-1056-22 exam is typically around 60%. However, Oracle may adjust the passing score from time to time, so it's essential to verify the official passing score before taking the exam.
- Exam Duration: The exam duration is usually 120 minutes (2 hours).
- Delivery Method: The exam is delivered through Pearson VUE, an authorized test delivery partner for Oracle certifications.
- Exam Format: The exam consists of multiple-choice questions, which require you to select the best answer from the given options. The specific format and number of questions may vary, but expect to encounter scenario-based questions that test your practical knowledge and understanding.
Who Should Take the Exam?
The 1Z0-1056-22 exam is designed for professionals who are involved in the implementation and administration of Oracle Financials Cloud: Receivables 2022. It is suitable for individuals such as implementation consultants, application consultants, functional implementers, and other professionals who work with Oracle Receivables Cloud solutions.
Prerequisites and Qualifications
To take the 1Z0-1056-22 exam, there are no strict prerequisites in terms of prior certifications. However, having a solid understanding of Oracle Financials Cloud concepts, particularly in the receivables domain, will greatly benefit your exam preparation. It is recommended to have hands-on experience with Oracle Receivables Cloud solutions and familiarity with the implementation process.
Related Books
Preparing for the 1Z0-1056-22 exam can be enhanced by referring to relevant study materials. Here are some recommended books that can help you in your exam preparation:
- 1. "Oracle Financials Cloud Receivables 2022 Implementation Essentials" by Ravi Shankar
- 2. "Oracle Financials Cloud: Receivables Implementation" by Deepak Arora
- 3. "Oracle Financials Cloud: General Ledger 2022 Implementation Essentials" by Anil Passi
- 4. "Oracle Financials Cloud: Payables Implementation" by Rajeev Rajendra
- 5. "Oracle Financials Cloud: Revenue Management Implementation" by Sumit Dhariwal
These books provide comprehensive coverage of Oracle Financials Cloud and can serve as valuable resources to deepen your understanding of the concepts, configurations, and implementation processes specific to receivables.
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