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Oracle 1z1-962 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2017 Implementation Essentials |
| Exam Number: | 1Z0-962 |
| Exam Price: | $245 USD |
| Exam Duration: | 120 minutes |
| Passing Score: | 60-65% |
| Exam Format: | Scenario-based questions, Multiple choice |
| Certificate Validity Period: | Retired / legacy exam (historical certification; modern Oracle Cloud certifications typically require periodic renewal) |
| Available Languages: | English |
| Related Certifications: | Oracle Financials Cloud: General Ledger Oracle ERP Cloud Financials Implementation Specialist Oracle Financials Cloud: Payables |
| Real Exam Qty: | 55-75 |
| Recommended Training: | Oracle Financials Cloud Training Courses |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored exam via authorized testing provider or Oracle testing platform |
| Pre Condition: | Recommended familiarity with Oracle Financials Cloud and basic ERP accounting concepts; prior experience with Accounts Receivable processes is strongly advised. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z1-962 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Integration and Closing Processes | - Period close activities
|
| Receivables Configuration | - Customer setup and account model
|
| Transaction Management | - Invoices and billing
|
| Collections and Credit Management | - Credit management
|
| Accounting and Reporting | - Reporting
|
Your Oracle Financials Cloud: Receivables 2017 Implementation Essentials Questions, Fully Answered
Oracle lists the following prerequisites for the Oracle Financials Cloud: Receivables 2017 Implementation Essentials: Recommended familiarity with Oracle Financials Cloud and basic ERP accounting concepts; prior experience with Accounts Receivable processes is strongly advised..
Verify the current requirements on the official certification page before registering.
Registration runs through the official channels below:
Choose your test center or online session and book early — a fixed date turns intention into schedule.
The Oracle Financials Cloud: Receivables 2017 Implementation Essentials blueprint is organized around these main domains:
- Receivables Configuration
- Accounting and Reporting
- Integration and Closing Processes
Additional domains follow in the official outline; our bank covers the complete set.
Per the latest exam information, the 1z1-962 exam contains 55-75 questions and allows 120 minutes minutes. The software and online engines let you rehearse under those exact conditions.
Clear and confirmed. If you fail the corresponding exam within 60 days of purchase, send your failure score report to our support email together with a scanned copy of your enrollment slip — the official Score Report PDF must reach us within two days of the exam date. Once confirmed, we process the full refund within seven days. Exclusions: exams taken within three days of purchase, candidate names that differ from the payer, and free or expired products. Alternatively, exchange your product for two others of equal value at no cost.
Oracle recommends these official training resources:
Structured training plus mistake-tracking engine practice covers both knowledge and technique.
Upon successful payment, our system automatically emails 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 us. From the date of purchase you hold a 365-day service warranty: our IT colleagues check update information every day, and whenever the bank is revised, we send you the download email for reference. Renew beyond the year at a 50% discount.
Currently, the 1z1-962 exam requires a passing score of 60-65%, and the registration fee is $245 USD. Both figures belong to Oracle and can change, so confirm them on the official site when you book.
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Oracle Financials Cloud: Receivables 2017 Implementation Essentials Sample Questions:
If a receipt cannot be automatically matched or transaction information is not available, Receivables can use the AutoCash rule set.
In which three places is the rule set found? (Choose three.)
- A. Receipt Method
- B. Customer Site
- C. Customer Account
- D. System Options
- E. Receipt Class
Correct Answer: A,B,C 🗳️
Explanation: Only visible for CertkingdomPDF members. You can sign-up / login (it's free).
What do you need to total in order to find the total transaction price for a customer contract that is calculated by Revenue Management?
- A. the extended SSP amounts for all performance obligations in the customer contract
- B. the SSP amounts for all performance obligations in the customer contract
- C. the allocated amount for all performance obligations in the customer contract
- D. the selling price for all performance obligations in the customer contract
- E. the billing amount for all performance obligations in the customer contract
Correct Answer: E 🗳️
The method that is used to capture receipts data in mass while you are offline and upload the receipts at a later date is called ______________.
- A. Lockbox receipts creation
- B. manual receipt entry
- C. receipts creation in a spreadsheet
- D. automatic receipts creation
Correct Answer: C 🗳️
Explanation: Only visible for CertkingdomPDF members. You can sign-up / login (it's free).
When you move revenue on an invoice line from an unearned account to an earned revenue account, Receivables ______________.
- A. removes the invoice line revenue contingencies
- B. removes the pending sales credits
- C. leaves the invoice line revenue contingencies until Reconcile Revenue Contingencies is run
- D. leaves the invoice line revenue contingencies until Automatic Revenue Recognition is run
Correct Answer: A 🗳️
Explanation: Only visible for CertkingdomPDF members. You can sign-up / login (it's free).
Which statement is true about AutoAccounting?
- A. IfAutoAccounting cannot determine all the accounting flexfield segments, it derives what it can and displays an incomplete accounting flexfield.
- B. AutoAccounting is used to determine the default General Ledger accounts only for transactions that you import by using AutoInvoice.
- C. AutoAccounting is set up at the Legal Entity level.
- D. You cannot override the default General Ledger accounts thatAutoAccounting creates.
Correct Answer: A 🗳️
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