Oracle powers a huge share of enterprise IT, which is exactly why its certifications open doors. The 1Z0-518 exam is your entry ticket, and GuideTorrent gets you ready with 100 practice questions for the Oracle EBS R12.1 Receivables Essentials exam, verified by seasoned experts.
Oracle 1Z0-518 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle E-Business Suite R12.1 Receivables Essentials |
| Exam Number: | 1Z0-518 |
| Exam Price: | USD $245 (may vary by region/tax) |
| Available Languages: | English, Korean, Japanese, Simplified Chinese |
| Exam Format: | Multiple Choice |
| Passing Score: | 60% |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 64 |
| Certificate Validity Period: | Valid for Oracle E-Business Suite 12 / 12.1; no fixed expiration |
| Recommended Training: | R12 Oracle Receivables Management Fundamentals E-Business Suite Financial Management Training |
| Exam Registration: | Oracle University Registration Pearson VUE Scheduling |
| Sample Questions: |  |
| Exam Way: | Online proctored or at authorized Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended hands-on experience with Oracle EBS R12 Financials |
| Official Syllabus URL: | https://education.oracle.com/oracle-e-business-suite-r12-1-receivables-essentials/pexam_1Z0-518 |
Oracle 1Z0-518 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Receipts & Applications | 20% | - Receipt Handling
|
| Receivables Overview & Setup | 20% | - Customer Management
|
| Accounting & Period Close | 15% | - Subledger Accounting
|
| E-Business Essentials | 15% | - Multi-Org Fundamentals
|
| Invoicing & Transactions | 25% | - Tax Processing
|
| Credit Management & Reporting | 5% | - Reports & Architecture
|
Oracle 1Z0-518 Exam FAQ: Read This First
The Oracle EBS R12.1 Receivables Essentials exam spans 6 domains, and they are not weighted equally. The top areas are Credit Management & Reporting — 5%, Receivables Overview & Setup — 20%, Receipts & Applications — 20%. Budget your study hours to match those weights; the full domain list is in the outline section further up this page.
Yes. Oracle officially recommends these training options for the Oracle EBS R12.1 Receivables Essentials exam:
Training builds the foundation — then measure it with the 100 practice questions for the 1Z0-518 exam from GuideTorrent to see how you perform when the clock is running.
The 1Z0-518 exam is Oracle's official certification test, and passing it earns the Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables credential at the Implementation Specialist level. In career terms, it is verified proof of skill — the kind that moves you up the shortlist when your company works with Oracle technologies, or when you apply to one that does.
You pass the Oracle EBS R12.1 Receivables Essentials exam at 60%, and each attempt costs USD $245 (may vary by region/tax) — fail, and that fee is due again in full for the retake. Treat mock exams as insurance: keep practicing with GuideTorrent until your scores sit comfortably above 60% twice in a row, then schedule the real 1Z0-518 exam.
Please do. GuideTorrent offers a free demo download for the Oracle EBS R12.1 Receivables Essentials exam — grab it from the product page or leave your email and we will send it over. Purchases come with 365 days of free updates; after that year, extending the update service costs 50% of the original price in your member zone.
The Oracle EBS R12.1 Receivables Essentials exam packs 64 questions into 120 minutes. That ratio leaves almost no room for stalling, so time management is a trained skill, not luck. Our suggestion: rehearse full-length timed sessions in the GuideTorrent engine, learn to park a question and return later, and walk into the 1Z0-518 exam with a pacing plan already rehearsed.
No mandatory prerequisites; recommended hands-on experience with Oracle EBS R12 Financials Since Oracle revises these rules from time to time, confirm the current prerequisites on the official exam page (https://education.oracle.com/oracle-e-business-suite-r12-1-receivables-essentials/pexam_1Z0-518) before booking your Oracle EBS R12.1 Receivables Essentials exam.
Delivery is effectively instant: your 1Z0-518 download link is emailed within one minute of payment, with no cap on how many computers you install it on. If the email has not shown up within 2 hours, check spam and contact our 7x24 support — we reply quickly and resend immediately. If you fail the Oracle EBS R12.1 Receivables Essentials exam itself, the refund policy applies when you took the corresponding exam within 60 days of purchase: submit a scanned enrollment slip and the official Score Report PDF within 2 days after the exam, and the refund is processed within 7 days. Not covered: attempts within 3 days of purchase, exams never actually taken, free materials, and expired orders — and the candidate name must match the payer name. Prefer material over money? Exchange for two free exam products of equal value and keep the update service on your original purchase.
Use Oracle's official registration channels:
The exam is offered as Online proctored or at authorized Pearson VUE test centers — choose the format that fits your situation when you schedule.
Oracle EBS R12.1 Receivables Essentials Sample Questions:
Identify two correct statements about Oracle Receivables. (Choose two.)
- A. Receipt accounting can be transferred after the receipts are entered and saved.
- B. Errors in the AutoInvoice are sent to the Interface Exceptions table.
- C. AutoAccounting is only used for the imported transactions.
- D. Receivables transactions cannot be changed after they are printed.
- E. Transfer to General Ledger can transfer transaction accounting entries after the transactions are entered and saved.
Correct Answer: A,B 🗳️
You are the Human Resources lead for the ERP implementation of ABC Corporation. You have defined the employees in Oracle Human Resources. Select three activities that utilize the employee record. (Choose three.)
- A. Asset assignment
- B. Approvals
- C. Organization creation
- D. Journal Entry creation
- E. AutoCreate Purchase Orders
Correct Answer: A,B,E 🗳️
Identify the two benefits of using Multi-Org Access Control. (Choose two.)
- A. Enter Payables Invoices for different Operating Units using a single responsibility.
- B. View Consolidated requisitions across Operating Units using a single responsibility
- C. Restrict access to users based on their Quantization assignments.
- D. View asset Information across multiple asset books.
- E. Submit and view data across different Ledgers using a single responsibility.
Correct Answer: A,B 🗳️
AutoLockbox execution employs a multistep process. These steps can be submitted individually or at the same time from the Submit lockbox Processing window.
Identify the correct sequential combination of steps that are executed white running the AutoLodcbox concurrent process In Oracle Receivables.
- A. import bank file, validate data, post QuickCash
- B. enter receipts. Import bank file, validate data, post QuickCash
- C. Import bank file, enter receipts, validate QuickCash
- D. enter receipts, validate data, apply QuickCash
- E. enter receipts. Import bank file, validate data, post QuickCash, apply receipts
Correct Answer: A 🗳️
Explanation: Only visible for GuideTorrent members. You can sign-up / login (it's free).
View the Exhibit.
While entering a journal in the Journals form, you enter a code combination of 29.402.4519.2103.240 in the five-segment Accounting Flexfield. However, you are unable to proceed after entering this account combination.
What could be the problem in the structure definition of the Accounting Flexfield?
- A. The "Freeze Flexfield Definition" check box is selected.
- B. The "Allow Dynamic Inserts" check box is deselected.
- C. The "Freeze Rollup Groups" check box is selected.
- D. The "Cross-Validate Segments" check box is selected.
Correct Answer: B 🗳️
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