• Exam Code: 1z0-1055-20
  • Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials
  • Certification Provider: Oracle
  • Corresponding Certification:Oracle Financials Cloud
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Instant Download Oracle : 1z0-1055-20 Questions & Answers as PDF & Test Engine

1z0-1055-20
  • Exam Code: 1z0-1055-20
  • Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials
  • Updated: Sep 17, 2026
  • No. of Questions: 114 Questions and Answers
  • Download Limit: Unlimited

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Life already applies enough pressure — your Oracle Financials Cloud: Payables 2020 Implementation Essentials preparation should not add to it. TrainingDump organizes the 1z0-1055-20 syllabus into 114 practice questions with verified answers, so limited hours produce maximum progress.

Oracle 1z0-1055-20 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Payables 2020 Implementation Essentials
Exam Number:1Z0-1055-20
Related Certifications:Oracle Financials Cloud: General Ledger 2020 Implementation Essentials (1Z0-1054-20)
Oracle Financials Cloud: Receivables 2020 Implementation Essentials (1Z0-1056-20)
Exam Format:Scenario-based questions, Multiple choice
Passing Score:60%
Exam Duration:90 minutes
Real Exam Qty:55
Exam Price:≈ USD 245
Available Languages:English
Sample Questions:Oracle 1z0-1055-20 Sample Questions
Exam Way:Online or onsite via Oracle testing partners (e.g., Pearson VUE).
Pre Condition:Recommended to have working experience in Oracle Payables Cloud implementation.
Official Syllabus URL:https://education.oracle.com/saas-erp/financials-cloud/pFamily_664

Oracle 1z0-1055-20 Exam Syllabus Topics:

SectionObjectives
Invoice Lifecycle and Processing- Expense report integration
- Invoice holds and invoice tolerances
- Invoice entry and validation
- Invoice approval rule setup
Setup and Configuration- Supplier setup and master data
- Invoice and distribution configuration
- Enterprise and financial structure setup
- Payables configuration options
Tax and Withholding- Tax setup for suppliers
- Offset tax and exempt configurations
Accounting and Reporting- Accounting entry creation and subledger accounting
- Reconciliation and period close
Payments and Disbursements- Payment method and process profile configuration
- Disbursement bank account setup
- Payment process requests

Oracle 1z0-1055-20 Exam FAQs: Read This Before You Register

The Oracle Financials Cloud: Payables 2020 Implementation Essentials blueprint comprises 5 domains. The headline areas: Payments and Disbursements, Tax and Withholding, and Invoice Lifecycle and Processing. The complete outline — every domain, every weight — is in the syllabus section above; let it decide where your study hours go.

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The 1z0-1055-20 exam — formally the Oracle Financials Cloud: Payables 2020 Implementation Essentials — is how Oracle certifies that you can apply its technologies in professional scenarios; passing earns you the Oracle Financials Cloud certification, positioned at the Implementation Specialist level. In an anxious, competitive job market, a vendor-issued credential is one of the few signals employers trust at a glance. It also connects naturally to Oracle Financials Cloud: General Ledger 2020 Implementation Essentials (1Z0-1054-20), Oracle Financials Cloud: Receivables 2020 Implementation Essentials (1Z0-1056-20) as a follow-on step.

The 1z0-1055-20 exam packs 55 questions into 90 minutes. That ratio makes pacing a testable skill in itself: linger too long on one item and easier points expire unanswered. Build the habit before it matters — run timed, full-length mocks in the TrainingDump desktop or online test engine, practice flagging and returning, and make time pressure feel ordinary.

Yes — and deciding after the trial is exactly how we prefer it. TrainingDump publishes a free PDF demo of the 1z0-1055-20 materials so you can judge the question quality and verified answers firsthand. A full purchase then includes 365 days of free updates, and if the product expires, the update service renews at a 50% discount from your member zone.

The passing mark is 60%, and official registration runs ≈ USD 245. Keep one fact in view: that fee covers a single attempt, and a retake is billed at full price again. Protect the investment by rehearsing first — cycle through 114 practice questions at TrainingDump in timed mode until your scores clear the bar with room to spare.

Recommended to have working experience in Oracle Payables Cloud implementation.

Vendor rules do get revised, so before you lock in an exam date, verify the latest requirements on the official Oracle exam page.

Oracle Financials Cloud: Payables 2020 Implementation Essentials Sample Questions:

Which invoice types can be included in the Create Payment flow?

  • A. Standard, Credit Memo and Debit Memo
  • B. Standard, Credit Memo, and Invoice Request
  • C. Standard, Debit Memo and Customer Refund
  • D. Standard, Credit Memo and Customer Refund
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

A company has a requirement to default the disbursement bank account when submitting a Payment Process Request.
Which actions will accomplish this? (Choose two.)

  • A. Define the Disbursement Bank Account to the Payment Method in payment default rules.
  • B. Define the Disbursement Bank Account at the business unit level to have the payment process derive the bank account.
  • C. Define the Disbursement Bank Account to every supplier.
  • D. Assign the Disbursement Bank Account to users to have the payment process default the bank account.
  • E. Create a Payment Process Request template that includes the Disbursement Bank Account.
Reveal Solution  Discussion  0

Correct Answer: D,E  🗳️

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

Before you can configure payment approval rules, your company must define a payment approval policy.
Which three are done by the payment approval policy? (Choose three.)

  • A. It defines when to initiate the payment approval process.
  • B. It determines which payments must go through the payment approval process.
  • C. It allows approvers to review payments and decide whether or not to approve a payment.
  • D. It defines a list of approvers who review payments and make final payment decisions.
  • E. It defines criteria for triggering the payment approval process, such as payment amount, bank account, or pay group.
Reveal Solution  Discussion  0

Correct Answer: A,D,E  🗳️

Which dashboard or workarea displays the Scanned Invoices region for invoices processed through the Payables Integrated Imaging solution?

  • A. Manage Invoices page
  • B. Payables Dashboard and Invoices Workarea
  • C. Payables Dashboard only
  • D. Invoices Workarea only
  • E. C-level executives
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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

What happens if a company runs the Payables Unaccounted Transactions Sweep program for February 2018 if the invoices with a Hold status have an invoice date of January 20, 2018?

  • A. The accounting dates of all unaccounted invoices will be changed to February 20,2018, the same day of the next period.
  • B. The accounting dates of all unaccounted invoices will change to February 28, 2018, the last day of the next period.
  • C. The accounting dates of all unaccounted invoices will remain unchanged at January 20, 2018.
  • D. The accounting dates of all unaccounted invoices will be changed to February 1, 2018, the first day of the next period.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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

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