As 2026 unfolds, Prep4SureReview keeps its 1Z0-1055 promise simple — the latest version only, verified answers, 113 practice questions for the 1Z0-1055 exam, and support that treats every Oracle Financials Cloud: Payables 2019 Implementation Essentials question as worth answering.
Oracle 1Z0-1055 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Payables 2019 Implementation Essentials |
| Exam Number: | 1Z0-1055 |
| Exam Price: | USD 245 |
| Certificate Validity Period: | Version-specific, no fixed expiration |
| Related Certifications: | Oracle Financials Cloud: Receivables 2019 Implementation Essentials Oracle Financials Cloud: Expenses 2019 Implementation Essentials Oracle Financials Cloud: General Ledger 2019 Implementation Essentials |
| Real Exam Qty: | 68 - 70 |
| Available Languages: | English, Japanese |
| Exam Duration: | 105 - 120 |
| Exam Format: | Multiple Choice, Multiple Select |
| Passing Score: | 61% - 66% |
| Recommended Training: | Oracle Financials Cloud: Payables Implementation Training |
| Exam Registration: | Pearson VUE Registration Oracle University Exam Page |
| 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 |
|---|---|---|
| Topic 1: Payments Configuration and Processing | 25% | - Manage Payment Approvals and Security - Account for Payments - Setup Payment Methods and Formats - Create and Process Payments - Manage Bank Accounts and Payment Systems |
| Topic 2: Expense Management | 15% | - Process Expense Reimbursements - Manage Expense Approvals - Integrate Expenses with Payables - Enter and Audit Expense Reports - Configure Expense Policies |
| Topic 3: Payables Setups | 20% | - Configure Payables System Options - Configure Business Units - Manage Reference Data Sets - Define Subledger Accounting - Manage Supplier Master Data |
| Topic 4: Reporting, Reconciliation and Period Close | 15% | - Perform Payables to Ledger Reconciliation - Use Payables Standard Reports - Use BI Publisher and OTBI Reporting - Manage Period Close Process - Explain Integrated Imaging Solutions |
| Topic 5: Invoice Processing | 25% | - Process Withholding and Income Tax - Apply Holds and Releases - Create and Enter Invoices - Manage Invoice Matching - Perform Invoice Validation |
Your Oracle Financials Cloud: Payables 2019 Implementation Essentials Preparation Questions, Answered
Use the official registration channel: Oracle University Exam Page Pearson VUE Registration Create an account, choose between a test center and online proctoring, pick your date, and pay the exam fee to confirm.
Two ways. First, the IT staff checks 1Z0-1055 update information every day, and the Oracle Financials Cloud: Payables 2019 Implementation Essentials bank on the website is always the current version — if a vendor refresh is ever pending, the team tells you honestly and suggests waiting rather than selling you material that is about to change. Second, you can verify it yourself: download the free demo and compare it against any other version you have seen. That transparency is policy at Prep4SureReview, not marketing.
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Oracle Financials Cloud: Payables Implementation Training Many candidates combine an official course for structured theory with the verified Prep4SureReview question bank for realistic timed rehearsal.
You will face about 68 - 70 questions in 105 - 120 minutes. The Prep4SureReview practice engine mirrors that format and timing, and working through 113 practice questions for the 1Z0-1055 exam makes the real session feel familiar rather than rushed.
Because the fundamentals are solid: 113+ Q&As covering the Oracle Financials Cloud: Payables 2019 Implementation Essentials objectives with verified answers, a bank checked daily and sold only in its latest version, support that answers within two hours around the clock, strict privacy protection, and loyalty savings for customers who return. Add the conditional refund policy and the 1Z0-1055 purchase becomes a low-risk, high-support decision.
No mandatory prerequisites; hands-on experience with Oracle Financials Cloud recommended
Passing requires 61% - 66%, and a seat costs USD 245. That fee is due again on every retake, so thorough preparation with verified Prep4SureReview material is the sensible investment.
The official Oracle Financials Cloud: Payables 2019 Implementation Essentials outline assigns its weights like this:
- Reporting, Reconciliation and Period Close (15%)
- Payables Setups (20%)
- Expense Management (15%)
Oracle Financials Cloud: Payables 2019 Implementation Essentials Sample Questions:
Question #1
Your customer has an electronic payment format program in use and wants all the documents to use the pay group "Domestic". What should you do to achieve this?
- A. Modify your template to hard code the value "Domestic" for the pay group position.
- B. Define a user validation at the formatprogram to include: Field "Document pay group", condition "Equal to String", value "Domestic", and Field "Format Program Code", condition "Equal to String" and value - as desired.
- C. Define a user validation at the format program to include: Field "Document pay group", condition "Equal to String", value "Domestic", and Field "Document pay group", condition "Required" and value - not applicable.
- D. Define a user validation at the format program to include: Field "Document pay group", condition "Equal to String", and value "Domestic".
Correct Answer: D 🗳️
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Question #2
An installment for $2,000 USD is due for payment on July 31, 2018. The installment has two discounts: the first discount date is June 15, 2018 for $150 USD and the second discount date is June 30, 2018 for $50 USD.
You submit a Payment Process Request with the following criteria:
Payment Date = June 20, 2018
Pay Through Date = July 30, 2018
Date Basis = Due Date
What will be the resulting status of the installment and discount?
- A. The installment is selected and no discount is applied.
- B. The installment is not selected because the due date is after the Pay Through Date.
- C. The installment is not selected because the discount dates are before the Pay Through Date.
- D. The installment is selected and a discount of $50 USD is applied.
- E. The installment is selected and a discount of $150 USD is applied.
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FAPPP/FAPPP1011879.htm#FAPPP1011879
Correct Answer: B 🗳️
Question #3
Identify two ways the invoice imaging solution works in the Cloud. (Choose two.)
- A. Customers ask their suppliers to scan and email the invoice.
- B. Customers scan and store the invoice images on-premise and attach them during invoice entry.
- C. Customers scan the invoice on-premise and email the images.
- D. Customers ask suppliers to send electronic invoices.
- E. Customers cannot use invoice imaging in the Cloud.
Correct Answer: A,C 🗳️
Question #4
Identify what Oracle considers two best practices when setting up Payables and Receivables account access for bank reconciliation. (Choose two.)
- A. Allow bank accounts to be accessed by all roles and users because the default value to secure a bank account by users and roles is No.
- B. Business units must be granted access to the bank account.
- C. Only business units who use the same ledger as the bank accounts owning legal entity can be assigned access.
- D. Do not assign bank accounts to business units.
- E. Assign a few general ledger cash accounts to multiple bank accounts to facilitate book-tobank reconciliation.
Correct Answer: B,C 🗳️
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Question #5
What is the difference between subject areas that append the word "Real Time" and those that do not?
- A. The "Real Time" subject areas are based on real-time transactions and those that are not, are based on historical data.
- B. The "Real Time" subject areas are based on real-time transactions in the applications, and those that are not, are based on data stored in the Oracle Business Intelligence Applications data warehouse.
- C. There is no difference.
- D. The "Real Time" subject areas are based on subledger transactions and the ones that are not are based on general ledger balances.
Correct Answer: B 🗳️
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