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Oracle 1z0-1056-23 Dumps Questions Answers

Exam Code: 1z0-1056-23
Exam Name: Oracle Financials Cloud: Receivables 2023 Implementation Professional
Last Update: Jul 19, 2024
32 Questions Answers with Explanation Detail
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Oracle 1z0-1056-23 Last Week Results!

126

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Oracle 1z0-1056-23

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Oracle 1z0-1056-23 Exam Dumps FAQs

The Oracle 1z0-1056-23 Oracle Financials Cloud: Receivables 2023 Implementation Professional exam is a certification test designed for professionals who have a strong foundation and expertise in selling and implementing Oracle Financials Cloud Service solutions. This exam validates the skills necessary to set up, configure, and manage Oracle Receivables Cloud.

  • Purpose: To certify individuals in the implementation of Oracle Financials Cloud: Receivables.
  • Target Audience: Implementation consultants, partners, and application users specializing in financial management.
  • Key Skills Assessed:
    1. Billing and Revenue Management
    2. Collections
    3. Credit Management
    4. Customer Data Management

This credential demonstrates that the individual has a thorough understanding of Receivables application modules and can apply this knowledge in practice.

  • Enhanced Expertise: Achieving the 1z0-1056-23 certification demonstrates a deep understanding of Oracle Financials Cloud Receivables, making you a valuable asset to potential employers.
  • Increased Earning Potential: Certified professionals often enjoy higher salaries. According to surveys, Oracle certified individuals can earn up to 7% more than their non-certified peers.
  • Better Job Prospects: Certification can open doors to new job opportunities, including roles like Oracle Financials Consultant or ERP Analyst, as employers prefer candidates with proven skills.
  • Career Advancement: With this credential, you're well-positioned for promotions and leadership roles within finance and IT departments due to your specialized knowledge.
  • Professional Credibility: The certification is recognized globally and adds credibility to your professional profile, distinguishing you in the competitive job market.
  • Exam Format: Multiple Choice
  • Number of Questions: 55 to 65
  • Total Exam Duration: 90 minutes

Oracle 1z0-1056-23 Exam Prerequisites

Prerequisites for Oracle 1z0-1056-23 Exam:

  1. Educational Qualification: A strong understanding of financial concepts, which can typically be gained through a bachelor's degree in finance, accounting, business or related fields.
  2. Professional Experience: Practical experience in financial management and Oracle Financials Cloud solutions is recommended but not mandatory.
  3. Training: Completion of relevant Oracle Financials Cloud training courses is suggested to better prepare for the exam.
  4. Knowledge Base: Familiarity with Oracle Fusion General Ledger, Accounts Receivable, and Revenue Management functionalities is essential.

Note that Oracle does not enforce strict prerequisites, but the above recommendations are designed to ensure candidates have adequate knowledge to pass the exam successfully.

The fee for the Oracle 1z0-1056-23 Oracle Financials Cloud: Receivables 2023 Implementation Professional exam is typically around $245 USD. However, prices may vary by location or over time, so it's essential to check with Oracle's official website or authorized testing centers for the most accurate and current pricing information.

  • Check the official Oracle Certification website or contact an authorized testing center for the exact exam fee.
  • Consider any additional costs for study materials, courses, or practice exams if necessary.
  • Be aware of potential fees for retaking the exam in case you do not pass on your first attempt.

It's important to note that these costs do not include any potential taxes or transaction fees that might apply depending on your country or payment method.

The 1z0-1056-23 Oracle Financials Cloud: Receivables 2023 Implementation Professional certification remains valid indefinitely after successful completion. However, Oracle recommends staying current with the latest product releases and updates:

  1. Stay informed about any changes to the Oracle Certification Program.
  2. Update your skills with new training and exams as technology evolves and new versions are released.

Oracle does not enforce a mandatory recertification process for this credential but encourages continuous learning to maintain professional relevance.

Oracle 1z0-1056-23 Exam Preparation Guide

To effectively prepare for the Oracle 1z0-1056-23 exam, follow these steps:

  1. Understand the Exam Structure: Familiarize yourself with the exam objectives and format to know what areas to focus on.
  2. Gather Study Materials: Utilize ExamTrack.com for high-quality Oracle 1z0-1056-23 exam questions and answers. Their resources are designed to cover all real questions from the exam.
  3. Study Smart: Prioritize topics based on their weight in the exam. Focus on areas where you lack expertise, utilizing both the PDF and Testing Engine provided by ExamTrack.com.
  4. Practice Routinely: Regularly attempt practice exams on ExamTrack.com to gauge your understanding and improve your time management skills.
  5. Analyze Performance: After each practice test, review your results. Identify weak spots and revisit those topics using ExamTrack's comprehensive materials.
  6. Maintain Consistency: Studying consistently over a period rather than cramming can greatly enhance retention of information.

Purchasing study aids from ExamTrack.com not only provides you access to verified content but also ensures that you are preparing with material that closely mirrors the actual exam. Their products can significantly boost your confidence and knowledge, leading towards success in achieving Oracle Financials Cloud certification.

The recommended study time for the 1z0-1056-23 Oracle Financials Cloud: Receivables 2023 Implementation Professional exam can vary greatly depending on your existing knowledge and experience with Oracle Financials Cloud. If you have a solid background in the software, you might need less time to prepare than someone who is new to it.

  • For individuals with considerable hands-on experience, a study period of 2-4 weeks may be sufficient, dedicating 1-2 hours daily.
  • In contrast, those with minimal exposure to Oracle Financials Cloud might require 1-2 months of preparation, committing at least 2-3 hours per day.

It's crucial to assess your understanding of the exam topics and create a personalized study plan that accommodates your learning pace. A thorough preparation will likely involve reviewing documentation, practical exercises, and taking practice exams. Adjust your study schedule based on progress and comfort level with the material.

Choosing the right preparation materials is crucial for success in the 1z0-1056-23 Oracle Financials Cloud: Receivables 2023 Implementation Professional exam. Here are some benefits of using ExamTrack study material:

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  • Expert Guidance: Benefit from the insights and tips provided by experienced instructors who know what it takes to pass the exam.
  • Compiled Exam Material: All relevant information is compiled into one source, saving you time and effort in preparation.
  • Access to Real Questions: With actual exam questions at your disposal, you can practice in a way that closely mimics the test environment.

This comprehensive approach helps build confidence and ensures you are well-prepared on exam day.

To enroll in the Oracle 1z0-1056-23 Oracle Financials Cloud: Receivables 2023 Implementation Professional exam course at Examstrack.com, follow these steps:

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After completing these steps, you should receive access to high-quality Dumps Questions Answers as well as PDF and Testing Engine materials for your preparation.

Examstrack is a reliable platform that offers comprehensive study materials for the Oracle 1z0-1056-23 exam. This includes a dependable study guide that covers all the necessary topics, as well as free web-based online questions to help you practice and assess your understanding of the subject matter. To get a free trial of these resources, follow these steps:

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1z0-1056-23 Ratings & Reviews

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1z0-1056-23 Overview

Overview Details
Certification Name Oracle Financials Cloud: Receivables 2023 Certified Implementation Professional
Target Audience IT professionals responsible for implementing and managing Oracle Cloud Financials Receivables
Prerequisites Experience with Oracle Receivables Cloud or previous versions, experience with cloud deployments, and basic understanding of accounting practices
Exam Format Hands-on performance-based challenges and multiple-choice questions
Number of Questions Varies depending on individual performance in hands-on challenges
Duration Approximately 150 minutes
Passing Score Not publicly disclosed, but generally considered around 70% of available points

1z0-1056-23 Q&A's Detail

Exam Code:
1z0-1056-23
Total Questions:
32 Q&A's
Single Choice Questions:
14 Q&A's
Multiple Choice Questions:
10 Q&A's

How to Pass 1z0-1056-23 Exams

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