Oracle 1Z1-1055 exam dumps : Oracle Financials Cloud: Payables 2019 Implementation Essentials

  • Exam Code: 1Z1-1055
  • Exam Name: Oracle Financials Cloud: Payables 2019 Implementation Essentials
  • Updated: Nov 03, 2026     Q & A: 113 Questions and Answers

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About Oracle 1Z1-1055 Exam

Not sure whether the Oracle Financials Cloud: Payables 2019 Implementation Essentials material at PracticeTorrent matches your study style? Download the free PDF demo first and check the quality of the 1Z1-1055 practice questions before you spend anything.

Oracle 1Z1-1055 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Payables 2019 Implementation Essentials
Exam Number:1Z0-1055
Certificate Validity Period:Certification does not expire but may be superseded by newer Oracle Cloud exam versions
Available Languages:English
Exam Format:Multiple Choice, Scenario-Based Questions, Hands-On / Practical-oriented Items (possible in Cloud exams)
Exam Price:Approximately USD 245 (exam fee charged by Oracle via Pearson VUE; may vary by location/currency)
Exam Duration:90 minutes
Real Exam Qty:Approx. 54–60 (based on Oracle Cloud practices)
Related Certifications:Oracle Financials Cloud: General Ledger Cloud 2019 Implementation Essentials
Oracle Financials Cloud: Receivables 2019 Implementation Essentials
Passing Score:Oracle does not publish an exact fixed pass score (typically around 60-65%+ for Oracle Cloud exams based on community reports)
Sample Questions:Free Download 1Z1-1055 exam dumps pdf
Exam Way:Delivered online or onsite via Oracle's authorized testing partner (Pearson VUE)
Pre Condition:No formal prerequisites; practical 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:

SectionObjectives
Topic 1: Reporting and Period Close- Use Business Intelligence Publisher reports
- Explain Oracle Transactional Business Intelligence (OTBI)
- Use the Payables to Ledger reconciliation report
Topic 2: Expenses- Manage expense reports and approvals
- Audit expenses
- Handle corporate card programs
Topic 3: Payables Invoices- Manage supplier information
- Explain invoice imaging and recognition solutions
- Create and account for invoices
Topic 4: Payments- Configure payment options and formats
- Explain bank reconciliations
- Create and process payments
Topic 5: Configure Payables and Payments- Configure business units
- Manage subledger accounting
- Set up payment and invoice configurations

Common Questions About the Oracle Financials Cloud: Payables 2019 Implementation Essentials Exam

The Oracle Financials Cloud: Payables 2019 Implementation Essentials (exam code 1Z1-1055) is the exam you pass to earn the Oracle Financials Cloud certification, a credential at the Implementation / Specialist level. It is also connected with related credentials such as Oracle Financials Cloud: Receivables 2019 Implementation Essentials, Oracle Financials Cloud: General Ledger Cloud 2019 Implementation Essentials. If you are mapping out a certification path with Oracle, this exam is a milestone worth planning around.

The 1Z1-1055 exam includes Approx. 54–60 (based on Oracle Cloud practices) questions, and you have 90 minutes to complete them. With that many questions on the clock, pacing is part of the challenge: divide your time into rough blocks as you go, and flag the items that stall you so you can circle back at the end instead of burning minutes on a single question. A week or two before your exam date, sit at least one full timed session in the PracticeTorrent test engine under the same time limit, so the pace feels familiar rather than frantic on the day.

You need Oracle does not publish an exact fixed pass score (typically around 60-65%+ for Oracle Cloud exams based on community reports) to pass the 1Z1-1055 exam, and the official registration fee is Approximately USD 245 (exam fee charged by Oracle via Pearson VUE; may vary by location/currency) . That fee is due again in full for every retake, which makes thorough preparation the cheaper investment by far. Before you book your seat, test yourself with the PracticeTorrent practice questions until you are scoring comfortably above the passing mark on a consistent basis — it is the simplest way to avoid paying for the same exam twice.

No formal prerequisites; practical experience with Oracle Financials Cloud recommended

Eligibility rules can be adjusted by Oracle over time, so before you register, confirm the current requirements on the official exam page: view the official 1Z1-1055 exam information.

Yes. PracticeTorrent offers a free PDF demo of the 1Z1-1055 practice questions, so you can judge the quality of the material firsthand before paying anything. Every purchase also includes 365 days of free updates — if Oracle changes the exam during that year, your material changes with it. And when the free update period expires, you can extend it at a 50% discount from within your member zone.

Every 1Z1-1055 purchase at PracticeTorrent is backed by a 100% Money Back Guarantee: if you take the corresponding exam within 60 days of your purchase and do not pass, you can apply for a full refund. The guarantee has clear conditions — it does not apply if you sit the exam within 3 days of purchase, if you downloaded the material but never actually took the exam, or to free materials and expired orders, and the candidate name must match the payer name. To file a claim, send a scan of your exam enrollment slip together with your official Score Report PDF within 2 days of the exam; claims are processed within 7 days. If you would rather not take a refund, you can exchange the product instead and receive two additional exam preparation products of equal value for free, while your original product keeps its update service. Delivery itself is instant: your material is available for download right after payment and is also sent to your email within one minute — if it has not arrived within 2 hours, contact our customer service. There is no limit on how many computers you can install it on.

The official Oracle Financials Cloud: Payables 2019 Implementation Essentials outline divides the exam content into 5 main domains. The first three are:

  • Expenses
  • Payments
  • Payables Invoices

That is only the headline view — scroll back up to the Exam Topics section on this page for the complete domain-by-domain breakdown before you plan your study schedule.

Oracle Financials Cloud: Payables 2019 Implementation Essentials Sample Questions:

Question #1

You need to create a payment for a supplier before the next payment run. The invoice you wish to pay is not available for selection in the Create Payment page.
Which two are possible reasons for this? (Choose two.)

  • A. The invoice is not validated.
  • B. The invoice is not accounted.
  • C. The payment method for the invoice is Electronic.
  • D. The invoice is not yet due.
  • E. The payment supplier site is different to the supplier site on the invoice.
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

Question #2

An invoice for $1,000 USD and a credit memo for ($1,100) USD are due for payment. What are the two outcomes if you chose the "Apply Credits Up to Zero Amount" option when submitting a Payment Process Request? (Choose two.)

  • A. Both the invoice and the credit memo are fully paid.
  • B. Both the invoice and the credit memo are included in the Payment Process Request.
  • C. Only the invoice is paid fully but the credit memo is partially paid with a credit of ($100) USD remaining.
  • D. Neither the invoice nor the credit memo is included in the Payment Process Request.
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

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

Question #3

You entered an invoice of 12,000 and paid it for Office Suppliers. The payment was never received by the supplier, and you decide to return the entire order. What should you do?

  • A. Void the payment, which debits cash and credits the liability, and then cancel the invoice, which debits the liability and credits the expense.
  • B. Issue a credit memo, which will debit the liability and credit the expense.
  • C. Cancel the invoice, which debits the liability and credits the expense.
  • D. Void the payment, which debits cash and credits the liability, and then issue a credit memo, which debits the liability and credits the expense.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #4

Which two statements are true about the Invoice Validation process? (Choose two.)

  • A. creates tax lines and distributions
  • B. creates accounting entries in draft
  • C. opens the relevant accounting period
  • D. validates project information
  • E. updates supplier balances
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

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

Question #5

The expense auditor has chosen to Request More Information for an expense report. Select two ways the system processes this action. (Choose two.)

  • A. The audit can be completed before the requested information is received from the employee.
  • B. The employee must resubmit the expense report.
  • C. The expense report is routed back to the approvers.
  • D. The expense report status remains Pending Payables Approval.
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

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

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