Oracle Financials Cloud: Payables 2023 Implementation Professional : 1Z0-1055-23

1Z0-1055-23 real exams

Exam Code: 1Z0-1055-23

Exam Name: Oracle Financials Cloud: Payables 2023 Implementation Professional

Updated: Sep 24, 2026

Q & A: 143 Questions and Answers

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Oracle 1Z0-1055-23 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Payables 2023 Implementation Professional
Exam Number:1Z0-1055-23
Passing Score:75% (both multiple-choice and performance-based sections)
Related Certifications:Oracle Financials Cloud
Oracle Fusion Cloud Financials
Exam Duration:90 minutes
Available Languages:English
Exam Price:$245 USD
Exam Format:Multiple Choice, Hands-on Performance Based
Certificate Validity Period:2 years
Real Exam Qty:Not Applicable (performance-based format)
Recommended Training:Oracle Financials Cloud: Payables Implementation Training
Exam Registration:Pearson VUE
Oracle University
Sample Questions:Free Download 1Z0-1055-23 bootcamp pdf
Exam Way:Online proctored or onsite testing center
Pre Condition:No formal prerequisites; hands-on experience implementing Oracle Financials Cloud is recommended
Official Syllabus URL:https://education.oracle.com/oracle-financials-cloud-payables-2023-implementation-professional/pexam_1Z0-1055-23

Oracle 1Z0-1055-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Payments and Disbursements25%- Payment Processing
  • 1. Manage payment batches and bank accounts
    • 2. Create, approve, and issue payments
      - Reconciliation and Accounting
      • 1. Reconcile payables to general ledger
        • 2. Account for payments, discounts, and foreign currency transactions
          Topic 2: Payables Configuration and Setup30%- Configure Payables System Options
          • 1. Define tax configurations and withholding tax rules
            • 2. Set up payment terms, payment methods, and payment formats
              - Configure Enterprise Structures
              • 1. Define supplier master data and supplier sites
                • 2. Set up business units, legal entities, and ledgers
                  Topic 3: Invoice Processing and Management25%- Prepayments and Expense Invoices
                  • 1. Apply and account for prepayments
                    • 2. Process employee expense reports and invoices
                      - Invoice Entry and Validation
                      • 1. Validate invoices, resolve holds, and perform matching
                        • 2. Enter standard invoices, credit memos, and debit memos
                          Topic 4: Reporting, Integration, and Maintenance20%- Integration and Maintenance
                          • 1. Perform period-end close and maintenance activities
                            • 2. Integrate with other Oracle Cloud modules
                              - Reporting and Analytics
                              • 1. Run standard payables reports and create custom reports
                                • 2. Use Business Intelligence and reporting tools

                                  Your Oracle Financials Cloud: Payables 2023 Implementation Professional Questions Answered in Full

                                  At present, the 1Z0-1055-23 exam's passing score is 75% (both multiple-choice and performance-based sections), and registration costs $245 USD. Since failing means registering again at full price, thorough preparation is the economical choice — and Oracle can revise both figures, so confirm them officially before booking.

                                  The Oracle Financials Cloud: Payables 2023 Implementation Professional blueprint is built around these main domains:

                                  • Invoice Processing and Management (25%)
                                  • Reporting, Integration, and Maintenance (20%)
                                  • Payables Configuration and Setup (30%)

                                  Additional domains appear in the full official outline — our bank covers them all.

                                  Honored in writing. If you fail the corresponding exam within 60 days of purchase, send us a scanned copy of your enrollment slip and your official Score Report PDF within two days of the exam date; verified claims are refunded in full within seven days. Exclusions: exams taken within three days of purchase, candidate names that differ from the payer, and free or expired products. You may also exchange your product for two others of equal value at no charge.

                                  Oracle lists these official training options:

                                  Combine structured training with engine-based practice to cover both theory and test-taking rhythm.

                                  By a professional group with dedicated contribution — experienced engineers and educators in this industry who compile every 1Z0-1055-23 question and verify every answer across the Oracle Financials Cloud: Payables 2023 Implementation Professional objectives. Maintenance is continuous: as new technology standards and knowledge emerge, revisions follow, and each updated version is sent to your mailbox immediately, free for 365 days, with a 50% renewal discount for further partnership. Privacy is protected by principle — your information is classified and never sold or shared, so no one will call you to sell something after our cooperation. And preferential terms — bundle discounts on the three versions, irregular coupons, little gifts — thank you for your trust in return.

                                  Oracle publishes these prerequisites for the Oracle Financials Cloud: Payables 2023 Implementation Professional: No formal prerequisites; hands-on experience implementing Oracle Financials Cloud is recommended.

                                  Verify the current requirements on the official certification page.

                                  Upon successful payment, our system automatically sends the product to your mailbox — typically within about a minute — with an instant download link on screen. If nothing arrives within two hours, check your spam folder and contact support. Updates are part of our long-term partnership: whenever anything changes in the 1Z0-1055-23 bank, the updated version goes to your mailbox immediately, free for 365 days, and further partnership continues at half price. Installations are unlimited throughout.

                                  Per the latest exam information, the 1Z0-1055-23 exam contains Not Applicable (performance-based format) questions with 90 minutes minutes to complete them. The PC Test Engine lets you simulate a full test event under these conditions to check your progress.

                                  Registration runs through the official channels below:

                                  Secure your test center or online slot early — a confirmed date gives your preparation a finish line.

                                  Oracle Financials Cloud: Payables 2023 Implementation Professional 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?

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

                                  Correct Answer: C,D  🗳️

                                  Question #2

                                  You have enabled Payment Approval for your payment process requests (PPR).
                                  At what stage of the PPR is the payment approval process automatically triggered?

                                  • A. Review Installments
                                  • B. Build Payments
                                  • C. Review Proposed Payments
                                  • D. Create Payment Files
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

                                  Question #3

                                  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 specify which payment term to use.
                                  • D. The payment term of the purchase order overrides the invoice payment term.
                                  • E. The user needs to manually change the payment term on the invoice to match the purchase order payment term.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  🗳️

                                  Question #4

                                  Which three are supported image formats for the Integrated Imaging solution? (Choose three.)

                                  • A. PNG
                                  • B. JPEG
                                  • C. RTF
                                  • D. XLS
                                  • E. TIFF
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B,C,D  🗳️

                                  Question #5

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

                                  Correct Answer: D  🗳️

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