Oracle : 1Z1-518 Questions & Answers
Last Updated: Oct 11, 2026
No. of Questions: 100 Questions & Answers with Testing Engine
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Oracle 1Z1-518 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle EBS R12.1 Receivables Essentials |
| Exam Number: | 1Z0-518 |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| Exam Price: | $245 USD |
| Exam Format: | Multiple Choice |
| Real Exam Qty: | 60-70 |
| Passing Score: | 70% |
| Certificate Validity Period: | Not specified |
| Related Certifications: | Oracle E-Business Suite R12 Financials Oracle Financials Implementation Specialist Oracle E-Business Suite R12 General Ledger |
| Recommended Training: | Oracle University EBS R12 Receivables Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | DOWNLOAD DEMO |
| 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:
| Section | Objectives |
|---|---|
| Accounting and Reconciliation | - Receivables Accounting - Subledger Accounting Integration |
| Reporting and Period Close | - Standard Receivables Reports - Period End Closing Activities |
| Transactions Management | - Invoice Creation and Processing - Credit Memos and Adjustments |
| Receipts Processing | - Manual and Automatic Receipts - Lockbox Processing |
| Receivables Setup | - System Options and Profile Options - Transaction Types and Transaction Sources |
1Z1-518 Exam FAQ — Convenience, Quality, Policy
The official Oracle EBS R12.1 Receivables Essentials outline defines 5 domains. The leading three are Receipts Processing, Accounting and Reconciliation, and Transactions Management. The full list is in the topics section above, and ActualTorrent's 100 practice questions cover each one.
Recommended knowledge of Oracle E-Business Suite Financials fundamentals and Accounts Receivable processes. Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
The Oracle EBS R12.1 Receivables Essentials exam contains 60-70 to complete within 90 minutes. Timed simulation in the ActualTorrent Desktop Test Engine teaches that rhythm before exam day does.
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 ActualTorrent help you apply theory and fill any gaps the training leaves.
ActualTorrent 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.
Three versions of the same study materials: 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 — not limited to any equipment, and friendly even without a network. 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.
The 1Z1-518 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 R12 Financials, Oracle E-Business Suite R12 General Ledger, Oracle Financials Implementation Specialist. Candidates in 2026 start with ActualTorrent'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 70% to pass, and registration costs $245 USD. A failed attempt means paying the same fee again — a readiness check with the ActualTorrent engines before booking is the cheaper option.
Online proctored or Pearson VUE test center Register for the Oracle EBS R12.1 Receivables Essentials exam through these official channels:
After booking, ActualTorrent delivers your practice questions within 1 minute — preparation starts the same day.
Oracle EBS R12.1 Receivables Essentials Sample Questions:
Company ABC is implementing Oracle User Management (OUM). It has decided to implement the Self Service and Approvals access control layer.
What are the three self-service registration tasks an end user can perform? (Choose three.)
- A. Request reports to be added to request set.
- B. Request additional access to the applications
- C. Obtain new user accounts.
- D. Reset passwords.
- E. Request deactivation of responsibility
Correct Answer: B,C,D 🗳️
You have just opened the Transactions form. Which field would you see on this form?
- A. company
- B. legal entity
- C. operating unit
- D. cost center
Correct Answer: B 🗳️
XYZ Corp. has operations In the U.S. and Canada. Within Canada, it has two separate Divisions due to Statutory requirements: one in Quebec and another in Ontario.
How would you define the organization structure for XYZ Corp. from the Information given above?
- A. two Ledgers, two Legal Entitles, and two Operating Units
- B. two Ledgers, three Legal Entitles, and three Operating Units
- C. two Ledgers, three Legal Entities, and two Operating Units
- D. two Ledgers, two Legal Entitles, and three Operating Units
- E. three Ledgers, three Legal Entities, and three Operating Units
Correct Answer: B 🗳️
Identify two types of regions In Daily Business Intelligence, (Choose two.)
- A. graph
- B. report
- C. table
- D. folder
- E. menu
Correct Answer: A,C 🗳️
Identify three setups In Oracle Receivables that control how discounts are calculated.
(Choose three.)
- A. system options
- B. receipt classes
- C. customer profiles
- D. profile options
- E. payment terms
Correct Answer: A,D,E 🗳️
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