Oracle 1Z1-518 actual dump : Oracle EBS R12.1 Receivables Essentials

1Z1-518
  • Exam Code: 1Z1-518
  • Exam Name: Oracle EBS R12.1 Receivables Essentials
  • Updated: Sep 16, 2026
  • Q & A: 100 Questions and Answers

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About Oracle 1Z1-518 Exam Questions

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Oracle 1Z1-518 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle EBS R12.1 Receivables Essentials
Exam Number:1Z0-518
Real Exam Qty:60-70
Available Languages:English
Exam Duration:90 minutes
Passing Score:70%
Exam Format:Multiple Choice
Exam Price:$245 USD
Related Certifications:Oracle Financials Implementation Specialist
Oracle E-Business Suite R12 General Ledger
Oracle E-Business Suite R12 Financials
Certificate Validity Period:Not specified
Recommended Training:Oracle University EBS R12 Receivables Training
Exam Registration:Oracle Certification Registration
Sample Questions:Free Download Latest 1Z1-518 actual dumps
Exam Way:Online proctored or Pearson VUE test center
Pre Condition:Recommended knowledge of Oracle E-Business Suite Financials fundamentals and Accounts Receivable processes.
Official Syllabus URL:https://education.oracle.com/certification

Oracle 1Z1-518 Exam Syllabus Topics:

SectionObjectives
Reporting and Period Close- Period End Closing Activities
- Standard Receivables Reports
Receivables Setup- System Options and Profile Options
- Transaction Types and Transaction Sources
Transactions Management- Credit Memos and Adjustments
- Invoice Creation and Processing
Receipts Processing- Manual and Automatic Receipts
- Lockbox Processing
Accounting and Reconciliation- Receivables Accounting
- Subledger Accounting Integration

1Z1-518 Exam FAQ: Answers to Read Before You Book

The Oracle EBS R12.1 Receivables Essentials is the official Oracle exam that leads to the Oracle E-Business Suite R12 Financials / Receivables certification at the Professional level. Passing it validates your skills against Oracle standards and proves your qualification to current and future employers. The credential is also connected with related certifications such as Oracle E-Business Suite R12 Financials, Oracle E-Business Suite R12 General Ledger, Oracle Financials Implementation Specialist, so it can serve as a solid step in a broader certification path.

The 1Z1-518 exam has 60-70 questions in total and must be completed within 90 minutes. That leaves only a narrow time budget per item, so train yourself to flag a difficult question, move on, and circle back later instead of getting stuck. A week or two before your test date, run at least one full timed mock exam in the Actual4Dumps desktop or online test engine under the same 90 minutes limit, and repeat until you can finish with a few minutes left for review.

The passing score for the 1Z1-518 exam is 70%, and the official registration fee is $245 USD. Keep in mind that a failed attempt is not discounted — retaking the exam means paying the full fee again — so it is wise not to book your seat until your practice scores sit comfortably above the passing mark. Working through the 100 questions at Actual4Dumps in timed mode is a reliable way to judge when you are truly ready.

Oracle sets the following requirement for the 1Z1-518 exam: Recommended knowledge of Oracle E-Business Suite Financials fundamentals and Accounts Receivable processes.. Eligibility rules can change from time to time, so always confirm the current prerequisites on the official exam page at https://education.oracle.com/certification before you register.

You can register for the Oracle EBS R12.1 Receivables Essentials through the following official channels:

The 1Z1-518 exam is delivered as Online proctored or Pearson VUE test center, so review the technical and check-in requirements for that format when you schedule your appointment.

Oracle recommends the following official training options for the Oracle EBS R12.1 Receivables Essentials:

Official courses build the theory, and pairing them with the 100 practice questions from Actual4Dumps turns that knowledge into exam-ready answers.

Yes. Actual4Dumps offers a free PDF demo for the Oracle EBS R12.1 Receivables Essentials, so you can review real sample questions and judge the quality before paying anything. After your purchase, you receive 365 days of free updates — whenever the question pool changes, you get the latest version at no cost. Once that period expires, you can extend your update service at a 50% discount from your member zone.

If you take the 1Z1-518 exam within 60 days of your purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee. To qualify, submit a scanned copy of your exam enrollment slip together with your official Score Report (PDF) within 2 days after the exam date, and your claim will be processed within 7 days. Note that the guarantee applies only to the corresponding exam: attempts taken within 3 days of purchase, downloaded-but-unused materials, free resources, and expired orders are not eligible, and the candidate name must match the purchaser name. If you would rather not refund, you can exchange the product for two free exam products of equal value while keeping the update service on your original purchase.

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The Oracle EBS R12.1 Receivables Essentials is organized into 5 domains. Among the first ones are Receipts Processing, Accounting and Reconciliation, Transactions Management, and the remaining domains cover the rest of the official objectives. For the complete topic breakdown with every subtopic, see the full 1Z1-518 exam outline above on this page.

Oracle EBS R12.1 Receivables Essentials Sample Questions:

Question #1

You have logged In to the Oracle E-Business Suite Release 12 Instance and accessed your worklist. You see four FYI notifications in your default Worklist view. You opened the first notification and clicked the "OK" button after reviewing the content.
Identify three things that can happen after you return to your worklist. (Choose three.)

  • A. You can view the first notification by choosing the "FYI Notifications" view from your worklist.
  • B. You see three notifications in your worklist.
  • C. You can view the first notification by choosing the "All Notifications" view from your worklist.
  • D. You see four notifications in your worklist.
  • E. Status of the first notification has been updated to "Delete."
  • F. Status of the first notification has been updated to "Closed."
Reveal Solution  Discussion  0

Correct Answer: B,C,F  🗳️

Question #2

You are Involved In a project to upgrade to Oracle E-Business Suite, Release 12. You need more Information about the upgrade processes and paths.
Where would you find the upgrade guide for Oracle E-Business Suite?

  • A. Bug Database
  • B. Oracle Technology Network
  • C. Metal ink Knowledge Base
  • D. Customer Knowledge Exchange
  • E. AppsNet
  • F. Technical Forums
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

You receive a request to create a new responsibility for US Payables Manager. The request states that the new responsibility should have access to all menu (terns except Invoice Payments.
Identify two options that you would use to restrict the Invoice Payments option on the new US Payables Manager responsibility. (Choose two.)

  • A. Remove the request group from the new US Payables Manager responsibility.
  • B. Create a Security Attribute for Invoice Payments on the US Payables Manager responsibility.
  • C. Create a new menu excluding the Invoice Payments option and attach the new menu to the responsibility.
  • D. Create an Item Exclusion for Invoice Payments on the US Payables Manager responsibility.
  • E. Create a Menu Exclusion for Invoice Payments on the US Payables Manager responsibility.
Reveal Solution  Discussion  0

Correct Answer: C,E  🗳️

Question #4

A receipt of $2,000 Is received for an Invoice that has $1,500 as the amount due. The remittance advice does not state a reason for the overpayment Identify the receipt state that should be displayed;

  • A. applied
  • B. on-account
  • C. unidentified
  • D. unapplied
  • E. partially applied
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).

Question #5

Identify four discount basis options available that define how Receivable calculates discounters (Choose four.)

  • A. freight amount
  • B. lines, freight, and tax amount
  • C. lines and tax amount
  • D. Invoice amount
  • E. gross amount
  • F. lines only amount
Reveal Solution  Discussion  0

Correct Answer: B,C,D,F  🗳️

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