Real exams have clocks, and clocks change how brains work. The Oracle Financials Cloud: Payables 2019 Implementation Essentials engines from BraindumpsIT simulate the genuine 1Z0-1055 environment, so by test day in 2026 the 113 questions feel like familiar ground, not a first encounter.
Oracle 1Z0-1055 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Payables 2019 Implementation Essentials |
| Exam Number: | 1Z0-1055 |
| Real Exam Qty: | Approx. 54–60 (based on Oracle Cloud practices) |
| Certificate Validity Period: | Certification does not expire but may be superseded by newer Oracle Cloud exam versions |
| Passing Score: | Oracle does not publish an exact fixed pass score (typically around 60-65%+ for Oracle Cloud exams based on community reports) |
| Available Languages: | English |
| Exam Price: | Approximately USD 245 (exam fee charged by Oracle via Pearson VUE; may vary by location/currency) |
| Exam Format: | Hands-On / Practical-oriented Items (possible in Cloud exams), Scenario-Based Questions, Multiple Choice |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle Financials Cloud: Receivables 2019 Implementation Essentials Oracle Financials Cloud: General Ledger Cloud 2019 Implementation Essentials |
| Sample Questions: | ![]() |
| 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 1Z0-1055 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Period Close | - Use the Payables to Ledger reconciliation report - Explain Oracle Transactional Business Intelligence (OTBI) - Use Business Intelligence Publisher reports |
| Topic 2: Payables Invoices | - Explain invoice imaging and recognition solutions - Manage supplier information - Create and account for invoices |
| Topic 3: Configure Payables and Payments | - Set up payment and invoice configurations - Configure business units - Manage subledger accounting |
| Topic 4: Payments | - Explain bank reconciliations - Configure payment options and formats - Create and process payments |
| Topic 5: Expenses | - Manage expense reports and approvals - Handle corporate card programs - Audit expenses |
Oracle 1Z0-1055 Exam — Frequently Asked Questions
The 1Z0-1055 exam is Oracle's official route to the Oracle Financials Cloud certification (Implementation / Specialist level). For IT professionals building a career, it signals verified skill — the kind of advantage that tips better opportunities your way. It also sits in a family of related credentials: Oracle Financials Cloud: Receivables 2019 Implementation Essentials, Oracle Financials Cloud: General Ledger Cloud 2019 Implementation Essentials.
Delivery is instant — files unlock at payment and a copy lands in your email within a minute; our 24/7 online service team responds within 2 hours if anything goes missing, and there are no installation limits. On refunds, our guarantee is real but conditional: take the corresponding 1Z0-1055 exam within 60 days of purchase, and if you fail, send a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam — we process the full refund within 7 days. Exams taken within 3 days of purchase, name mismatches between candidate and payer, and free or expired products are excluded. Rather have a replacement? Exchange for two equal-value exam products free and keep your original updates.
No formal prerequisites; practical experience with Oracle Financials Cloud recommended Requirements like these do get updated, so confirm the details on the official exam page — official 1Z0-1055 exam information — before you spend anything on registration.
Registration runs Approximately USD 245 (exam fee charged by Oracle via Pearson VUE; may vary by location/currency) , and the pass mark is Oracle does not publish an exact fixed pass score (typically around 60-65%+ for Oracle Cloud exams based on community reports). Paying by credit card is the standard route — safe and stable for both buyer and seller. And remember the fee is per attempt: a retake costs the same again, which is why candidates drill with the 113 practice questions from BraindumpsIT until their margin is comfortable.
The exam sets Approx. 54–60 (based on Oracle Cloud practices) questions against 90 minutes on the clock. That pairing punishes hesitation, so train it out: set a per-question budget, flag-and-return instead of freezing, and rehearse full timed sessions in the BraindumpsIT engine until pacing is automatic.
Yes — a free PDF demo lets you examine the question quality first. If you buy, 365 days of free updates are included, with new versions sent to you as they're released; an expired update period can be renewed later at 50% off.
Expect 5 domains in the Oracle Financials Cloud: Payables 2019 Implementation Essentials blueprint, headlined by Payments, Expenses, Reporting and Period Close. Use the weights as your study budget — high-percentage domains earn the most points per hour. The complete outline above has the full breakdown.
Oracle Financials Cloud: Payables 2019 Implementation Essentials Sample Questions:
Which three are supported image formats for the Integrated Imaging solution? (Choose three.)
- A. JPEG
- B. RTF
- C. XLS
- D. PNG
- E. TIFF
Correct Answer: A,D,E 🗳️
You have successfully processed the expense reports for reimbursement and have transferred the information to Payables. What is the next step before you can pay them?
- A. Validate the invoice in Payables.
- B. Create a payment process request in Payments.
- C. Create Accounting for the invoice in Payables.
- D. Transfer the data to General Ledger.
Correct Answer: B 🗳️
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Which two statements are true when you are using the Intercompany Reconciliation Reports? (Choose two.)
- A. The reports will show the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.
- B. The reconciliation period summary report will not show the intercompany receivables and intercompany payables lines generated for the provider and receiver of each intercompany transaction.
- C. The reports will include Ledger balancing lines generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.
- D. You can drill down on the links in the Period Summary report to view the balances by Intercompany Organization.
- E. You must run the prepare Intercompany Reconciliation Reporting Information process.
Correct Answer: B 🗳️
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While processing an expense report, the system placed a payment hold on the expense report. What are two ways to release payment holds? (Choose two.)
- A. Based on the receipt status, the Expenses program can automatically release the payment hold once it detects that receipts are received or waived.
- B. Payables Manager can release payment holds in Payables.
- C. The employee's supervisor can manually release the hold.
- D. The employee can manually release the hold.
- E. The expense auditor can manually release the payment hold at his discretion.
Correct Answer: A,E 🗳️
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The Accounts Payable Manager voided a foreign currency payment due to insufficient funds. Which three statements are correct? (Choose three.)
- A. Any realized gain or loss previously calculated is reversed.
- B. Voiding the payment automatically places an invoice on hold.
- C. Any previous accounting and payment records for an invoice are reversed.
- D. All related withholding tax invoices are automatically voided.
- E. All related interest invoices are reversed if previously created.
Correct Answer: A,C,E 🗳️
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