- Exam Code: 1z0-506
- Exam Name: Oracle Fusion Financials 11g Accounts Receivable Essentials
- Updated: Sep 08, 2026
- Q & A: 123 Questions and Answers
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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Fusion Financials 11g Accounts Receivable Essentials |
| Exam Number: | 1Z0-506 |
| Exam Price: | USD 245 |
| Certificate Validity Period: | Oracle certifications of this generation generally do not specify a fixed validity period |
| Exam Format: | Multiple Choice, Multiple Response |
| Related Certifications: | Oracle Fusion Financials 11g Certified Implementation Specialist |
| Real Exam Qty: | Approximately 60 |
| Passing Score: | Unknown |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Sample Questions: | ![]() |
| Exam Way: | Pearson VUE authorized testing center or Oracle-authorized online proctored delivery (subject to Oracle policies at the time of scheduling). |
| Pre Condition: | No mandatory prerequisite exam publicly required; Oracle recommends hands-on implementation experience with Oracle Fusion Financials. |
| Official Syllabus URL: | https://www.oracle.com/education/certification/ |
| Section | Objectives |
|---|---|
| Topic 1: Collections and Credit Management | - Credit Management
|
| Topic 2: Reporting and Period Close | - Period Close
|
| Topic 3: Receipts and Cash Management | - Receipt Processing
|
| Topic 4: Transaction Processing | - Accounting
|
| Topic 5: Receivables Implementation Overview | - Oracle Fusion Financials Architecture
|
| Topic 6: Enterprise and Receivables Configuration | - Receivables System Options
|
| Topic 7: Customer and Account Management | - Customer Data
|
Oracle Fusion Financials 11g Accounts Receivable Essentials is an official certification exam from Oracle, identified by the exam code 1z0-506. Pass it and you hold the Oracle Applications certification, which sits at the Professional level. It also feeds into related credentials, including Oracle Fusion Financials 11g Certified Implementation Specialist. In practical terms, this certification tells employers your skills have been measured against the vendor's own standard, which is why certified candidates tend to stand out in hiring and promotion decisions.
Expect Approximately 60 questions within 90 minutes on the Oracle Fusion Financials 11g Accounts Receivable Essentials exam. Numbers aside, the real challenge is rhythm: lingering too long on one item quietly steals time from three others. Build the habit of answering, flagging, and moving on, then rehearse the full experience under a countdown with the Actual4Dumps test engine until finishing comfortably early becomes your norm.
Registration for Oracle Fusion Financials 11g Accounts Receivable Essentials officially runs USD 245, with Unknown required to pass. Worth knowing before you book: retakes are billed at the same full USD 245, so a failed attempt doubles your spend. The smarter sequence is to measure yourself first. When your scores on the Actual4Dumps practice tests clear the passing line with room to spare, consistently, that is your signal to schedule the real thing.
No mandatory prerequisite exam publicly required; Oracle recommends hands-on implementation experience with Oracle Fusion Financials.
Because vendors update their policies without much fanfare, verify the latest entry requirements before you book using the official exam page.
Yes, and we encourage it. Download the free PDF demo of the Oracle Fusion Financials 11g Accounts Receivable Essentials questions from Actual4Dumps and evaluate the quality on your own terms. After you buy, every update for the next 365 days is free, and when that window closes you can extend your update service at half price.
A 100% money-back guarantee applies, governed by clear conditions. If you sit the Oracle Fusion Financials 11g Accounts Receivable Essentials exam within 60 days of purchase and fail, you can claim a full refund, as long as the exam corresponds to your product. Attempts made within 3 days of purchase are ineligible, as are products you downloaded but never used, free materials, and expired orders; the name on the exam record must match the payer's name. File your claim with a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and it is settled within 7 days. Rather have a replacement than a refund? You may exchange for two other exam products of equal value, free, and your original product keeps its update service.
Delivery is essentially instantaneous: files unlock for download at payment and arrive in your email within one minute. Some vendors make you wait a day; if 2 hours pass here without delivery, check spam and contact customer service. Install on as many computers as you like, with no restrictions.
The Oracle Fusion Financials 11g Accounts Receivable Essentials blueprint spans 7 domains. The ones carrying the most weight include Collections and Credit Management, Customer and Account Management, and Enterprise and Receivables Configuration. The complete domain-by-domain breakdown is in the exam topics section above; treat it as your master checklist and let the weights tell you where your study hours earn the most.
Which three actions are facilitated through The Reconciliation Summary Report?
Correct Answer: C,D,E 🗳️
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The client has implemented revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines is associated with both a nonstandard refund policy (60 days) and acceptance clause (100 days). Explain when revenue will be recognized.
Correct Answer: B 🗳️
Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).
AutoCash rules apply to__________.
Correct Answer: A 🗳️
Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).
What three Work Areas are used to review and manage actionable items before the closing period?
Correct Answer: B,C,E 🗳️
Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).
Where is the summary delinquency data displayed on the Collections Dashboard?
Correct Answer: A 🗳️
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