Free Demo
About Oracle 1Z0-1055 Exam Braindumps
Best materials, excellent service, free updates for a year, instant delivery, and a written refund policy — ExamsTorrent covers the whole Oracle Financials Cloud: Payables 2019 Implementation Essentials journey. What is left is your decision to open the 113 practice questions for the 1Z0-1055 exam and begin.
Oracle 1Z0-1055 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Payables 2019 Implementation Essentials |
| Exam Number: | 1Z0-1055 |
| Related Certifications: | Oracle Financials Cloud: Receivables 2019 Implementation Essentials Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Oracle Financials Cloud: Expenses 2019 Implementation Essentials |
| Passing Score: | 61% - 66% |
| Available Languages: | Japanese, English |
| Exam Price: | USD 245 |
| Exam Format: | Multiple Choice, Multiple Select |
| Real Exam Qty: | 68 - 70 |
| Exam Duration: | 105 - 120 |
| Certificate Validity Period: | Version-specific, no fixed expiration |
| Recommended Training: | Oracle Financials Cloud: Payables Implementation Training |
| Exam Registration: | Oracle University Exam Page Pearson VUE Registration |
| Sample Questions: |  |
| 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 1Z0-1055 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Reporting, Reconciliation and Period Close | 15% | - Use Payables Standard Reports - Manage Period Close Process - Explain Integrated Imaging Solutions - Perform Payables to Ledger Reconciliation - Use BI Publisher and OTBI Reporting |
| Invoice Processing | 25% | - Create and Enter Invoices - Manage Invoice Matching - Process Withholding and Income Tax - Perform Invoice Validation - Apply Holds and Releases |
| Payables Setups | 20% | - Define Subledger Accounting - Configure Payables System Options - Configure Business Units - Manage Reference Data Sets - Manage Supplier Master Data |
| Expense Management | 15% | - Enter and Audit Expense Reports - Manage Expense Approvals - Configure Expense Policies - Integrate Expenses with Payables - Process Expense Reimbursements |
| Payments Configuration and Processing | 25% | - Account for Payments - Manage Bank Accounts and Payment Systems - Manage Payment Approvals and Security - Setup Payment Methods and Formats - Create and Process Payments |
Practical Answers About the Oracle Financials Cloud: Payables 2019 Implementation Essentials Exam
The Oracle Financials Cloud: Payables 2019 Implementation Essentials exam runs 105 - 120 and contains 68 - 70 questions. That ratio is the real exam challenge: knowing the content is necessary, but pacing is what finishes it. Rehearse with full-length timed sessions in the ExamsTorrent test engine, and treat your pacing plan as seriously as your study plan.
Yes — ExamsTorrent provides a free demo of the Oracle Financials Cloud: Payables 2019 Implementation Essentials questions and answers, available for download as a reference before you decide. After purchase, 365 days of free updates are included; once the year ends, you can extend the update service at a 50% discount from your member zone.
Delivery is quick and easy: two steps finish your order, and your 1Z0-1055 product is emailed to your mailbox within one minute of payment — then just download the attachment. If nothing arrives within 2 hours, check spam and contact us for an immediate resend. On failure, the refund policy is specific: sit the corresponding 1Z0-1055 exam within 60 days of purchase, and a fail qualifies you for a full refund — submit a scanned enrollment slip and the official Score Report PDF within 2 days after the exam, and the refund completes within 7 days. Excluded: attempts within 3 days of purchase, exams never actually taken, free materials, and expired orders — the candidate name must also match the payer name. Prefer to continue studying? Exchange your product for two free exam products of equal value, with update service kept on the original purchase.
No mandatory prerequisites; hands-on experience with Oracle Financials Cloud recommended These rules are set by Oracle and can change, so confirm the current requirements on the official exam page: https://education.oracle.com/oracle-financials-cloud-payables-2019-implementation-essentials/pexam_1Z0-1055 before registering for the Oracle Financials Cloud: Payables 2019 Implementation Essentials exam.
The 1Z0-1055 exam is Oracle's official certification test, and passing it awards the Oracle Financials Cloud: Payables 2019 Certified Implementation Specialist credential — a certification at the Specialist level. Its career value is simple: certified professionals are the first shortlisted for better roles and promotions, which is why candidate numbers keep climbing. It also connects to Oracle Financials Cloud: General Ledger 2019 Implementation Essentials, Oracle Financials Cloud: Receivables 2019 Implementation Essentials, Oracle Financials Cloud: Expenses 2019 Implementation Essentials, extending its value across a wider credential path.
Registration goes through Oracle's official channels:
The exam itself is delivered via Online proctored or onsite at Pearson VUE authorized test centers, so factor that into your scheduling.
The Oracle Financials Cloud: Payables 2019 Implementation Essentials syllabus spans 5 knowledge areas. The heaviest are Invoice Processing (25%), Expense Management (15%), Reporting, Reconciliation and Period Close (15%). Match your study time to those weights — the full outline is listed in the section above.
Each Oracle Financials Cloud: Payables 2019 Implementation Essentials attempt costs USD 245, and the pass mark is 61% - 66%. A retake bills the full fee again, so the financially smart move is arriving overprepared. Use ExamsTorrent practice questions until your timed scores clear 61% - 66% comfortably, then book the 1Z0-1055 exam once.
Yes — these are the vendor's recommended training options:
Training builds the base; the 113 practice questions for the 1Z0-1055 exam from ExamsTorrent show whether it holds up when the clock is running.
Oracle Financials Cloud: Payables 2019 Implementation Essentials Sample Questions:
You need to enter a high volume of users into the system. What is Oracle's recommendation to do this?
- A. use the spreadsheet of Oracle Identity Manager (OIM) to import users.
- B. Use the Hire an Employee user interface and enter each user manually.
- C. Use the Enter a Supplier user interface and enter each user manually.
- D. Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import users into Cloud Applications.
Correct Answer: D 🗳️
Explanation: Only visible for ExamsTorrent members. You can sign-up / login (it's free).
After you submitted a Payment Process Request, you noticed errors. You want to void the payments. Identify two statements that indicate when it is not possible to void a payment. (Choose two.)
- A. A payment that has already cleared the bank.
- B. A payment with the status of Issued.
- C. A payment for an invoice with an associated Withholding Tax invoice.
- D. A payment that pays a prepayment that has been applied to an invoice.
- E. A payment that has been accounted and posted to General Ledger.
Correct Answer: A,D 🗳️
Explanation: Only visible for ExamsTorrent members. You can sign-up / login (it's free).
You need to submit a 1099 report; your State format has changed slightly since last year. How should you submit your 1099s for the State in the current year?
- A. Manually enter the 1099s for the State and submit.
- B. Run and submit your 1099s because it will automatically reflect any changes.
- C. Generate a 1096 form and submit it instead.
- D. Edit the 1099 template to reflect the changes, and then run and submit the 1099 report.
Correct Answer: D 🗳️
Which attributes on the payables invoice can be used during approval rule creation?
- A. company segment, cost center segment, supplier, and Attribute 1 on the invoice line
- B. company and cost center segment only
- C. supplier only
- D. cost center segment and supplier only
Correct Answer: A 🗳️
You are using the Payable's Deferred Expense feature (also known as Multiperiod Accounting). You have entered an invoice for a three-month lease that is entered on Jan 10th. The total expense is $12,000 and it covers the rental period from Jan 1st to Mar 31st.
Assuming that the rental expenses are split evenly per month and a monthly accounting calendar is used, what would the accounting entry be?
- A. On Jan 10th, Debit Prepaid Expense 12,000 and Credit Liability for 12,000 and thenOn Jan 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000On Feb 28th, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000On Mar 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000
- B. On Mar 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000On Jan 10th, Debit Rental Expense for 12,000 and Credit Cash for 12,000
- C. On Jan 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000On Feb 28th, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000
- D. On Jan 10th, Debit Prepaid Expense for 12,000 and Credit Liability 12,000
Correct Answer: A 🗳️
Viewing page 1 out of 23 pages.
Viewing questions 1-5 out of 113 questions.
