Oracle 1Z1-1055 actual dump : Oracle Financials Cloud: Payables 2019 Implementation Essentials

1Z1-1055
  • Exam Code: 1Z1-1055
  • Exam Name: Oracle Financials Cloud: Payables 2019 Implementation Essentials
  • Updated: Sep 11, 2026
  • Q & A: 113 Questions and Answers

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About Oracle 1Z1-1055 Exam Questions

Walking into the 1Z1-1055 exam without ever sitting a timed mock test is an unnecessary risk. The Actual4Dumps test engines recreate real exam conditions for the Oracle Financials Cloud: Payables 2019 Implementation Essentials, so pacing and pressure feel familiar long before the real thing.

Oracle 1Z1-1055 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Payables 2019 Implementation Essentials
Exam Number:1Z0-1055
Real Exam Qty:68 - 70
Exam Format:Multiple Select, Multiple Choice
Related Certifications:Oracle Financials Cloud: Expenses 2019 Implementation Essentials
Oracle Financials Cloud: General Ledger 2019 Implementation Essentials
Oracle Financials Cloud: Receivables 2019 Implementation Essentials
Passing Score:61% - 66%
Available Languages:English, Japanese
Exam Price:USD 245
Certificate Validity Period:Version-specific, no fixed expiration
Exam Duration:105 - 120
Recommended Training:Oracle Financials Cloud: Payables Implementation Training
Exam Registration:Pearson VUE Registration
Oracle University Exam Page
Sample Questions:Free Download Latest 1Z1-1055 actual dumps
Exam Way:Online proctored or onsite at Pearson VUE authorized test centers
Pre Condition:No mandatory prerequisites; hands-on experience with Oracle Financials Cloud recommended
Official Syllabus URL:https://education.oracle.com/oracle-financials-cloud-payables-2019-implementation-essentials/pexam_1Z0-1055

Oracle 1Z1-1055 Exam Syllabus Topics:

SectionWeightObjectives
Expense Management15%- Process Expense Reimbursements
- Integrate Expenses with Payables
- Enter and Audit Expense Reports
- Manage Expense Approvals
- Configure Expense Policies
Reporting, Reconciliation and Period Close15%- Explain Integrated Imaging Solutions
- Manage Period Close Process
- Use BI Publisher and OTBI Reporting
- Use Payables Standard Reports
- Perform Payables to Ledger Reconciliation
Payments Configuration and Processing25%- Manage Bank Accounts and Payment Systems
- Manage Payment Approvals and Security
- Account for Payments
- Setup Payment Methods and Formats
- Create and Process Payments
Invoice Processing25%- Perform Invoice Validation
- Apply Holds and Releases
- Manage Invoice Matching
- Process Withholding and Income Tax
- Create and Enter Invoices
Payables Setups20%- Define Subledger Accounting
- Manage Reference Data Sets
- Manage Supplier Master Data
- Configure Business Units
- Configure Payables System Options

1Z1-1055 Exam FAQ: Answers to Read Before You Book

The Oracle Financials Cloud: Payables 2019 Implementation Essentials is the official Oracle exam that leads to the Oracle Financials Cloud: Payables 2019 Certified Implementation Specialist certification at the Specialist 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 Financials Cloud: General Ledger 2019 Implementation Essentials, Oracle Financials Cloud: Receivables 2019 Implementation Essentials, Oracle Financials Cloud: Expenses 2019 Implementation Essentials, so it can serve as a solid step in a broader certification path.

The 1Z1-1055 exam has 68 - 70 questions in total and must be completed within 105 - 120. 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 105 - 120 limit, and repeat until you can finish with a few minutes left for review.

The passing score for the 1Z1-1055 exam is 61% - 66%, and the official registration fee is USD 245. 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 113 questions at Actual4Dumps in timed mode is a reliable way to judge when you are truly ready.

Oracle sets the following requirement for the 1Z1-1055 exam: No mandatory prerequisites; hands-on experience with Oracle Financials Cloud recommended. Eligibility rules can change from time to time, so always confirm the current prerequisites on the official exam page at https://education.oracle.com/oracle-financials-cloud-payables-2019-implementation-essentials/pexam_1Z0-1055 before you register.

You can register for the Oracle Financials Cloud: Payables 2019 Implementation Essentials through the following official channels:

The 1Z1-1055 exam is delivered as Online proctored or onsite at Pearson VUE authorized test centers, 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 Financials Cloud: Payables 2019 Implementation Essentials:

Official courses build the theory, and pairing them with the 113 practice questions from Actual4Dumps turns that knowledge into exam-ready answers.

Yes. Actual4Dumps offers a free PDF demo for the Oracle Financials Cloud: Payables 2019 Implementation 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 1Z1-1055 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 Financials Cloud: Payables 2019 Implementation Essentials is organized into 5 domains. Among the first ones are Payments Configuration and Processing (25%), Reporting, Reconciliation and Period Close (15%), Invoice Processing (25%), and the remaining domains cover the rest of the official objectives. For the complete topic breakdown with every subtopic, see the full 1Z1-1055 exam outline above on this page.

Oracle Financials Cloud: Payables 2019 Implementation Essentials Sample Questions:

Question #1

Your client company has two business units and requires the Payables Specialist to process invoice transactions for both business units.
What setup is required to achieve this?

  • A. Business Unit Security
  • B. a Dedicated and Self-Service Service Provider Model
  • C. a Dedicated Service Provider model
  • D. a Self-Service Service Provider Model
Answer: A
Question #2

When submitting the Payables to General Ledger Reconciliation report, the extract did not select any dat a. What should you check?

  • A. Make sure you specified a Business Unit in the parameters when running the extract.
  • B. Make sure you enabled the Reconciliation flag to all of your liability natural account values.
  • C. Make sure you assign an Account parameter when running the extract to include liability accounts.
  • D. Make sure you assigned a Financial Category of Accounts Payable to all your liability natural account values.
Answer: D

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Question #3

What is the recommendation when setting up Reconciliation Rule Sets?

  • A. One to One rules should be sequenced below rules of other types.
  • B. Many to Many rules should always be used first in the sequence.
  • C. Many to Many rules should always be used last in the sequence.
  • D. One to One rules should be sequenced above rules of other types.
Answer: D
Question #4

If you accidentally paid an invoice using Create Payment flow, can you undo the operation?

  • A. Cancel the invoice and create a new one.
  • B. no
  • C. yes, by canceling the payment process from the process monitor
  • D. yes, by creating a credit memo to offset the payment
  • E. yes, by voiding the payment created
Answer: B

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Question #5

Which statement is correct if the payment terms entered in the invoice differ from the payment terms on the purchase order?

  • A. The purchase order payment term cannot be overridden.
  • B. The payment term of the invoice overrides the purchase order payment term.
  • C. The user needs to manually change the payment term on the invoice to match the purchase order payment term.
  • D. The user needs to specify which payment term to use.
  • E. The payment term of the purchase order overrides the invoice payment term.
Answer: B

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