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Oracle 1Z0-518 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle E-Business Suite R12.1 Receivables Essentials |
| Exam Number: | 1Z0-518 |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Passing Score: | 60% |
| Related Certifications: | Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables Oracle EBS R12.1 General Ledger Essentials Oracle EBS R12.1 Payables Essentials |
| Exam Price: | USD $245 (may vary by locale) |
| Certificate Validity Period: | Certification validity as per Oracle recertification policy (may require current version upgrade) |
| Exam Format: | Multiple Choice Questions (MCQ) |
| Real Exam Qty: | 64 |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Computer-based testing at Oracle authorized testing centers or via Oracle online proctored delivery |
| Pre Condition: | Recommended hands-on experience with Oracle E-Business Suite R12 Receivables and foundational training in EBS 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 | Objectives |
|---|---|
| Core Receivables Processes | - Receipts and Credits
|
| Operational and Financial Processes | - Period Closing and Reporting
|
| Receivables Configuration and Setup | - Flexfields and Multi-Org Model
|
| E-Business Suite Essentials | - Introduction to Oracle R12 Architecture
|
Oracle EBS R12.1 Receivables Essentials Exam — Your Questions Answered
Three versions of the same study materials, each with its own character: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows with customizable simulation and timed modes that works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 100 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
Recommended hands-on experience with Oracle E-Business Suite R12 Receivables and foundational training in EBS Financials Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
The official Oracle EBS R12.1 Receivables Essentials outline defines 4 domains. The leading three are E-Business Suite Essentials, Core Receivables Processes, and Receivables Configuration and Setup. The full list is in the topics section above, and Prep4away's 100 practice questions cover each one.
Oracle recommends these training resources for the Oracle EBS R12.1 Receivables Essentials exam:
Follow the training with steady self-testing — the 100 practice questions from Prep4away help you apply theory and fill any gaps the training leaves.
The 1Z0-518 exam is a Oracle certification exam validating the Oracle EBS R12.1 Receivables Essentials syllabus shown above. It belongs to these credential paths: Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables, Oracle EBS R12.1 Payables Essentials, Oracle EBS R12.1 General Ledger Essentials. Candidates in 2026 prepare for it with Prep4away's 100 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.
The Oracle EBS R12.1 Receivables Essentials exam requires 60% to pass, and registration costs USD $245 (may vary by locale). A failed attempt means paying the same fee again — a readiness check with the Prep4away engines before booking is the cheaper option.
Prep4away issues a full refund if you take the Oracle EBS R12.1 Receivables Essentials exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.
Computer-based testing at Oracle authorized testing centers or via Oracle online proctored delivery Register for the Oracle EBS R12.1 Receivables Essentials exam through these official channels:
After booking, Prep4away delivers your practice questions within 1 minute — preparation starts the same day.
The Oracle EBS R12.1 Receivables Essentials exam contains 64 to complete within 120 minutes. Timed simulation in the Prep4away Desktop Test Engine teaches that rhythm before exam day does.
Oracle EBS R12.1 Receivables Essentials Sample Questions:
A user is reconciling transaction balances in the closing process.
Why would the user run the Invoice Exceptions Report?
- A. to identify transactions that do not appear In the Transaction Register
- B. to identify order lines with a back order credit hold
- C. to identify transactions that do not appear In the Aging report
- D. to identify unposted transactions
- E. to Identify order lines with workflow stuck
- F. to Identify AutoInvoice validation errors
Correct Answer: C 🗳️
Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).
Which two options would you use to restrict the functionality provided by a responsibility? (Choose two.)
- A. constructing a new menu hierarchy
- B. defining rules to exclude specific functions
- C. creating an appropriate role
- D. creating an appropriate group
Correct Answer: A,B 🗳️
Your client has set up Oracle Lease Management (OLM) and Oracle Credit Management (OCM) without scoring models. Which three tasks can be successfully completed by Oracle Workflow in OCM without manual intervention? (Choose three.)
- A. creating a final credit recommendation
- B. creating a case folder
- C. calculating a credit score
- D. sending notifications to the credit scheduler
- E. creating a credit application
Correct Answer: B,D,E 🗳️
Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).
Indentify three steps to be performed after defining a Flexfield structure, but before entering values, (Choose three)
- A. Do not save your changes before freezing the Flexfield definition.
- B. Save your changes before freezing the Flexfield definition.
- C. Select the "Freeze Flexfield Definition" check box.
- D. Click the Compile button to build the Flexfeild structure.
- E. Submit a concurrent request to build the Flexfield structure.
Correct Answer: B,C,D 🗳️
The organization that Receivables uses to validate items is set up using______.
- A. item validation organization In the OM Parameters window
- B. the AR: Items Flexfield Mode profile option
- C. the AR: Item Validation Organization profile option
- D. the AR: Allow Manual Invoice Lines profile option
Correct Answer: A 🗳️
Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).
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