• Exam Code: 1Z1-1055
  • Exam Name: Oracle Financials Cloud: Payables 2019 Implementation Essentials
  • Certification Provider: Oracle
  • Corresponding Certification:Oracle Financials Cloud
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Oracle 1Z1-1055 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Payables 2019 Implementation Essentials
Exam Number:1Z0-1055
Certificate Validity Period:Oracle certification policies may vary; typically does not expire or is tied to product version lifecycle
Exam Format:Scenario-based Questions, Multiple Response, Multiple Choice, Proctored Exam (Online or Test Center)
Passing Score:Approximately 60% - 65%
Available Languages:English
Real Exam Qty:55 - 75
Related Certifications:Oracle ERP Cloud Implementation Specialist
Oracle Financials Cloud: General Ledger 2019 Implementation Essentials
Exam Price:USD 245
Exam Duration:120 minutes
Recommended Training:Oracle Financials Cloud Learning Path
Oracle University Training
Exam Registration:Oracle Certification Portal
Pearson VUE Oracle Exams
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored exam or Pearson VUE test center
Pre Condition:Recommended familiarity with Oracle Financials Cloud and basic accounting principles; prior ERP Cloud experience is beneficial
Official Syllabus URL:https://education.oracle.com

Oracle 1Z1-1055 Exam Syllabus Topics:

SectionObjectives
Payables Setup and Configuration- Ledger and accounting setup integration
- Payables application configuration
Invoice Management- Invoice matching and approvals
- Invoice creation and validation
Payments Processing- Payment methods and formats
- Payment execution and reconciliation
Tax and Accounting Integration- Tax configuration in Payables
- Accounting entries and subledger integration
Reporting and Troubleshooting- Common issues and resolution
- Payables reporting tools
Suppliers and Supplier Management- Supplier creation and maintenance
- Supplier sites and payment terms

Oracle Financials Cloud: Payables 2019 Implementation Essentials FAQ: Start Here

The 1Z1-1055 exam is Oracle's path to the Oracle Financials Cloud: Payables 2019 Implementation Essentials certification, a credential at the Professional level. It confirms you can apply the Oracle Financials Cloud: Payables 2019 Implementation Essentials objectives in realistic scenarios — the kind of proof that changes job conversations. It also connects to a wider certification family covering Oracle Financials Cloud: General Ledger 2019 Implementation Essentials, Oracle ERP Cloud Implementation Specialist, so the effort keeps compounding. It's easier to want than to earn, which is exactly why structured practice beats good intentions.

The Oracle Financials Cloud: Payables 2019 Implementation Essentials blueprint spans 6 domains, led by Payments Processing, Tax and Accounting Integration, and Payables Setup and Configuration. Treat the weightings as your study budget — heavier domains earn heavier hours. The full topic list is in the exam topics section above; plan against it, not against guesswork.

The Oracle Financials Cloud: Payables 2019 Implementation Essentials exam packs 55 - 75 questions into 120 minutes. Convert that into a tempo before test day: minutes divided by questions is your per-item budget, and anything burning double its budget gets flagged and revisited at the end. Rehearse the tempo against a real timer — every ITPassLeader engine session enforces one — until finishing with review time to spare feels routine.

Passing Oracle Financials Cloud: Payables 2019 Implementation Essentials requires Approximately 60% - 65%, and each attempt costs USD 245 — retakes included, at full price. The sound strategy is arriving over-prepared: drill with ITPassLeader practice questions until your timed scores clear the mark across several consecutive sessions, then register. Over-preparation is cheaper than re-registration.

Oracle lists the Oracle Financials Cloud: Payables 2019 Implementation Essentials question formats as: Multiple Choice, Multiple Response, Scenario-based Questions, Proctored Exam (Online or Test Center). Formats shape tactics — find the actual question sentence inside long scenario stems before reading the rest, and re-verify every selection on multi-answer items. ITPassLeader's 113 practice questions drill these formats until only the content feels new on exam day.

The 1Z1-1055 exam is offered in English. Choose the language where your reading stays fastest under pressure — slow comprehension taxes every question in a timed exam. Testing in English? Daily sessions with ITPassLeader's English 1Z1-1055 practice questions double as terminology training.

The certification earned through the Oracle Financials Cloud: Payables 2019 Implementation Essentials exam remains valid for Oracle certification policies may vary; typically does not expire or is tied to product version lifecycle. Note the expiry date the day you pass and research the recertification path early — a planned renewal is an errand, an expired credential is a project. Oracle owns these rules, so verify the current ones on the official certification page as your window approaches.

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Most candidates mix formats — PDF for reading, an engine for timed rehearsal.

Yes. ITPassLeader's free Oracle Financials Cloud: Payables 2019 Implementation Essentials PDF demo contains genuine sample questions with complete verified answers, so you can judge the quality firsthand. Every purchase includes 365 days of free updates, and renewing after expiry costs 50% of the regular price from your member zone. Inspect first — confident material has nothing to hide.

Continuously. As Oracle adjusts the Oracle Financials Cloud: Payables 2019 Implementation Essentials exam, our experts revise the bank to match, and customer feedback feeds the same loop. Updates are free for 365 days through your member zone; follow the New Releases section or the ITPassLeader newsletter, and re-verify your version 3-4 days before your exam. Expired products repurchase at 50% off to restart the service.

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Oracle Financials Cloud: Payables 2019 Implementation Essentials Sample Questions:

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 Self-Service Service Provider Model
  • D. a Dedicated Service Provider model
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

You have created your first implementation project. You have assigned the Application Implementation Consultant role to your user. However, you are unable to create and add roles to users in Oracle Identity Management (OIM).
This issue is caused because you did not assign the ________.

  • A. Line Manager role to your user
  • B. Superuser role to your user
  • C. IT Security Manager role to your user
  • D. Application Implementation Manager role to your user
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

A Bill Payable document was paid but has not yet matured.
What is the status of the payment?

  • A. In Transit
  • B. Issued
  • C. Cleared
  • D. Negotiable
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Which three reports are generated by the export setup data process? (Choose three.)

  • A. Exported Business Object Report
  • B. Process Results Report
  • C. Process Results Detail Listing Report
  • D. Setup Data Report
  • E. Process Results Summary Report
Reveal Solution  Discussion  0

Correct Answer: B,D,E  🗳️

An invoice for $200 USD and a credit memo for $225 USD are due for payment and the "Apply credits up to zero amount" option is enabled for the payment process request. Which statement is correct?

  • A. The payment process request applies $200 USD of the credit memo to the invoice, leaving a remaining credit of $25 USD, and creates a payment for $0 USD.
  • B. The payment process request doesn't select the invoice or credit memo for payment because the credit reduces the payment to - $25 USD, which is below zero.
  • C. The payment process request creates a refund for $225 USD and leaves the invoice unpaid.
  • D. The payment process request pays only $200 USD alone.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

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