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

1Z0-1055-23 actual test
  • Exam Code: 1Z0-1055-23
  • Exam Name: Oracle Financials Cloud: Payables 2023 Implementation Professional
  • Updated: Sep 17, 2026
  • Q & A: 143 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

About Oracle 1Z0-1055-23 Exam

PDF for paper, SOFT for PC simulation, APP for everything else: the Oracle Financials Cloud: Payables 2023 Implementation Professional package from TestPassed covers every study style, and statistically the APP version wins, chosen by the majority of examinees. All versions carry the same 143 1Z0-1055-23 questions.

Oracle 1Z0-1055-23 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Payables 2023 Implementation Professional
Exam Number:1Z0-1055-23
Certificate Validity Period:2 years
Related Certifications:Oracle Financials Cloud
Oracle Fusion Cloud Financials
Real Exam Qty:Not Applicable (performance-based format)
Exam Duration:90 minutes
Passing Score:75% (both multiple-choice and performance-based sections)
Available Languages:English
Exam Format:Hands-on Performance Based, Multiple Choice
Exam Price:$245 USD
Recommended Training:Oracle Financials Cloud: Payables Implementation Training
Exam Registration:Oracle University
Pearson VUE
Sample Questions:Free Download real 1Z0-1055-23 test passed rate
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
Payments and Disbursements25%- Payment Processing
  • 1. Create, approve, and issue payments
    • 2. Manage payment batches and bank accounts
      - Reconciliation and Accounting
      • 1. Reconcile payables to general ledger
        • 2. Account for payments, discounts, and foreign currency transactions
          Invoice Processing and Management25%- Prepayments and Expense Invoices
          • 1. Process employee expense reports and invoices
            • 2. Apply and account for prepayments
              - Invoice Entry and Validation
              • 1. Enter standard invoices, credit memos, and debit memos
                • 2. Validate invoices, resolve holds, and perform matching
                  Payables Configuration and Setup30%- Configure Enterprise Structures
                  • 1. Define supplier master data and supplier sites
                    • 2. Set up business units, legal entities, and ledgers
                      - Configure Payables System Options
                      • 1. Define tax configurations and withholding tax rules
                        • 2. Set up payment terms, payment methods, and payment formats
                          Reporting, Integration, and Maintenance20%- Integration and Maintenance
                          • 1. Integrate with other Oracle Cloud modules
                            • 2. Perform period-end close and maintenance activities
                              - Reporting and Analytics
                              • 1. Run standard payables reports and create custom reports
                                • 2. Use Business Intelligence and reporting tools

                                  Oracle 1Z0-1055-23 Exam FAQ: Worry-Free Answers

                                  Oracle Financials Cloud: Payables 2023 Implementation Professional is an official Oracle certification exam, listed under the code 1Z0-1055-23. Passing it earns you the Oracle Financials Cloud: Payables 2023 Certified Implementation Professional certification, positioned at the Professional level. It also connects to Oracle Financials Cloud, Oracle Fusion Cloud Financials. For anyone aiming at a leadership track in IT, this credential is one of the clearest markers of verified skill.

                                  Passing Oracle Financials Cloud: Payables 2023 Implementation Professional takes 75% (both multiple-choice and performance-based sections), and the official registration fee is $245 USD. Retakes charge the full $245 USD again, which is why accuracy in preparation matters more than volume. Validate your readiness with repeated TestPassed practice scores above the requirement before committing to a date.

                                  The Oracle Financials Cloud: Payables 2023 Implementation Professional exam contains Not Applicable (performance-based format) questions to answer within 90 minutes. The SOFT engine from TestPassed imitates the real test scene on your computer and uses special methods to help you master questions and answers, so the official time limit becomes a practiced routine rather than a surprise.

                                  No formal prerequisites; hands-on experience implementing Oracle Financials Cloud is recommended

                                  Vendor requirements are revised periodically, so confirm the current conditions before registering via the official exam page.

                                  Sign-up for Oracle Financials Cloud: Payables 2023 Implementation Professional goes through the official channels below.

                                  One planning note: the exam is delivered Online proctored or onsite testing center.

                                  Oracle recommends the following training for Oracle Financials Cloud: Payables 2023 Implementation Professional candidates.

                                  Reinforce whichever training you pick with the 143 practice questions in the TestPassed 1Z0-1055-23 package, edited by experts who follow real test changes firsthand.

                                  Three versions share the same verified content: the PDF prints unlimited copies for paper study, the SOFT engine imitates the real test scene on Windows PCs, and the APP version runs on all electronic products, which is why the majority of examinees choose it. A free demo lets you try before deciding, and after purchase updates are free for 365 days, extendable afterward at a 50% discount.

                                  Worry-free shopping means a 100% money-back guarantee with stated conditions. Take the Oracle Financials Cloud: Payables 2023 Implementation Professional exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. Alternatively, exchange for two other exam products of equal value, free, keeping the update service on your original purchase.

                                  Delivery is immediate: files unlock for download at payment and are emailed to you within one minute. If nothing arrives within 2 hours, check spam and contact our 7/24 customer attendants, who reply within two hours. Installation is unlimited, and credit card payment keeps your money safe.

                                  Oracle Financials Cloud: Payables 2023 Implementation Professional is structured into 4 official domains. The leading ones are Reporting, Integration, and Maintenance (20%), Invoice Processing and Management (25%), and Payments and Disbursements (25%). The full topic breakdown appears above; accurate preparation starts with an accurate map.

                                  Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:

                                  Question #1

                                  You have two business units, Vision Operations and Vision Services. How can you enable expense auditors to audit expense reports for specific business units?

                                  • A. Assign the Expense Auditor as the owner of each business unit.
                                  • B. Use segment valuesecurity rules to secure access to business units.
                                  • C. Assign the Expense Auditor Vision Operations and Expense Auditor Vision Services data roles to each Expense Auditor.
                                  • D. Assign the Expense Auditor job roles to each auditor.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

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

                                  Question #2

                                  If you accidentally paid an invoice using Create Payment flow, can you undo the operation?

                                  • A. Cancel the invoice and create a new one.
                                  • B. no
                                  • C. yes, by canceling the payment process from the process monitor
                                  • D. yes, by creating a credit memo to offset the payment
                                  • E. yes, by voiding the payment created
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

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

                                  Question #3

                                  What data can you find in an Oracle Transactional Business Intelligence subject area attribute column?

                                  • A. values that are organized into parent-child relationships
                                  • B. information about a business object with values that are dates, Ids or text
                                  • C. data that is metric and can be added up or aggregated
                                  • D. data that provides a measure of something
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

                                  Question #4

                                  Which three are subject area subfolders that report Payables reconciliation differences to General Ledger? (Choose three.)

                                  • A. Reconciliation Invoice Hold Details
                                  • B. Reconciliation Invoice Request Details
                                  • C. Reconciliation Invoice Details
                                  • D. Reconciliation Payment Details
                                  • E. Reconciliation Prepayment Application Details
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B,C,D  🗳️

                                  Question #5

                                  Which three attributes are captured during the scanning of invoice images?

                                  • A. PO Number
                                  • B. Invoice Number
                                  • C. Payment Method
                                  • D. Invoice Date
                                  • E. Terms Date
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B,E  🗳️

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

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