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Last Updated: Nov 05, 2026
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Oracle 1Z0-1055-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Invoices | 25% | - Process invoice approvals - Create and validate invoices - Enter imported invoices - Define matching options - Create one-time suppliers - Create and manage invoices |
| Payments | 20% | - Process manual and automatic payments - Define payment terms and payment formats - Set up payment documents - Process payment files and reports |
| Payables Options and Security | 15% | - Define Payables Options - Define validation and tax controls - Implement security |
| Accounting and Reporting | 25% | - Configure accounting and chart of accounts - Create accounting for invoices and payments - Generate Payables reports - Review journal entries and account analysis |
| Suppliers and Supplier Sites | 15% | - Create and manage supplier sites - Define supplier classifications - Create and maintain suppliers |
Answers to Common 1Z0-1055-23 Exam Questions
Online proctored exam at Pearson VUE testing centers Register for the Oracle Financials Cloud: Payables 2023 Implementation Professional exam through these official channels:
With your exam date confirmed, the 143 practice questions from Pass4training — delivered by email within 1 minute — turn the waiting weeks into structured preparation.
Per the official outline, the Oracle Financials Cloud: Payables 2023 Implementation Professional exam spans 5 domains, led by Invoices (25%), Accounting and Reporting (25%), and Payments (20%). The complete breakdown is in the topics section above; the 143 practice questions at Pass4training cover all of it.
Passing the Oracle Financials Cloud: Payables 2023 Implementation Professional exam requires 68%, and the registration fee is $245 USD. Since retakes are not free, a readiness check with the Pass4training practice engines is a sensible step before you commit to an exam date.
The 1Z0-1055-23 exam is a Oracle certification exam covering the Oracle Financials Cloud: Payables 2023 Implementation Professional syllabus outlined above. It contributes to these credential paths: Oracle Financials Cloud 2023 Certified Implementation Professional. In a competitive market, a Oracle credential signals verified capability to employers — which is why candidates keep choosing it in 2026. Pass4training prepares you with 143 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.
Then the written refund policy applies. If you take the Oracle Financials Cloud: Payables 2023 Implementation Professional exam within 60 days of purchase and do not pass, Pass4training refunds you in full. The policy excludes exams taken within 3 days of purchase, exams never actually taken, free materials, and expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Prefer to keep going? Exchange for two free exam products of equal value and retain your original update service. Delivery is by email within 1 minute of purchase — contact support if nothing arrives within 2 hours.
Oracle recommends these training resources for the Oracle Financials Cloud: Payables 2023 Implementation Professional exam:
Pair official training with the 143 practice questions from Pass4training to convert study time into exam readiness — especially effective when you are fitting preparation into fragmented hours.
Expect 85 in 120 minutes on the Oracle Financials Cloud: Payables 2023 Implementation Professional exam. The Pass4training Desktop Test Engine reproduces this environment — real timing, exam-style flow — so the actual test day feels like a rehearsal you have already done.
Everything you need in one purchase: 143 practice questions for the Oracle Financials Cloud: Payables 2023 Implementation Professional exam across three formats — a printable, expert-prepared PDF with instant download; a Desktop Test Engine for Windows that simulates the real exam environment with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS, complete with test history and performance review. Also included: a free demo, 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
Oracle recommends taking the Oracle Financials Cloud 2023 Implementation Professional training before attempting the exam Requirements can be revised, so confirm the latest on the official Oracle exam page before booking.
Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:
An Office supplies company requires an advance payment of $8000 for the office supplies you wish to order. You enter and pay a prepayment type invoice for $8000. You enter the standard invoice to book the expense which totals $10000 and you apply the prepayment to the standard invoice.
What are the accounting entries for that standard invoice with the prepayment application?
- A. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability 8000 Cr Prepayment Account 8000.
- B. Invoice accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.The prepayment application has no impact on the Invoice.
- C. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability Account 2000 Cr Prepayment Account 2000.
- D. Invoice Accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr Expense Account 8000 Cr Prepayment Account 8000.
Correct Answer: B 🗳️
You have an invoice with a payment term that has the following settings:
* Day of Month = 15
* Cut off Day = 11
* Months Ahead = 0
* Terms Date on Invoice = January 12th
What will the resulting due date for the invoice installment be?
- A. April 15th
- B. January 15th
- C. March 15th
- D. February 15th
Correct Answer: D 🗳️
A company has three legal entities each with a corresponding business unit all within the same country. All organizations buy and sell the same products. You are configuring the tax setup.
What is the minimum number of Tax Regimes you need to configure for this company?
- A. 1
- B. 2
- C. 3
- D. 6
Correct Answer: C 🗳️
Explanation: Only visible for Pass4training members. You can sign-up / login (it's free).
You purchased a computer from Company A for 2000 USD. Company B ships you the computer with freight charges of 100 USD. You would like the cost of the computer to include those freight charges.
How can you achieve this?
- A. Choose to Match to Receipt Charges.
- B. Enter the Invoice manually and add the freight line.
- C. Choose Match to Receipt.
- D. Choose to Match to Invoice Lines.
- E. Choose to Match in full to the Purchase Order.
Correct Answer: A 🗳️
Which is the Payables tool based on real-time data?
- A. Essbase Cube
- B. Smart View
- C. Oracle Transactional Business Intelligence (OTBI)
- D. Oracle Business Intelligence Applications (OBIA)
- E. Oracle Financial Reporting (FR)
Correct Answer: D 🗳️
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