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Short on time before your 1z0-1055-20 exam? Actual4Labs packs 114 focused practice questions for the Oracle Financials Cloud: Payables 2020 Implementation Essentials exam into formats you can study anywhere, so every spare hour still counts.
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Payables 2020 Implementation Essentials |
| Exam Number: | 1Z0-1055-20 |
| Passing Score: | 60% |
| Exam Duration: | 90 minutes |
| Exam Price: | ≈ USD 245 |
| Exam Format: | Scenario-based questions, Multiple choice |
| Real Exam Qty: | 55 |
| Related Certifications: | Oracle Financials Cloud: Receivables 2020 Implementation Essentials (1Z0-1056-20) Oracle Financials Cloud: General Ledger 2020 Implementation Essentials (1Z0-1054-20) |
| Available Languages: | English |
| Sample Questions: | DOWNLOAD DEMO |
| 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 |
| Section | Objectives |
|---|---|
| Topic 1: Accounting and Reporting | - Reconciliation and period close - Accounting entry creation and subledger accounting |
| Topic 2: Tax and Withholding | - Tax setup for suppliers - Offset tax and exempt configurations |
| Topic 3: Payments and Disbursements | - Payment process requests - Payment method and process profile configuration - Disbursement bank account setup |
| Topic 4: Setup and Configuration | - Payables configuration options - Invoice and distribution configuration - Supplier setup and master data - Enterprise and financial structure setup |
| Topic 5: Invoice Lifecycle and Processing | - Invoice holds and invoice tolerances - Invoice entry and validation - Expense report integration - Invoice approval rule setup |
The 1z0-1055-20 exam (Oracle Financials Cloud: Payables 2020 Implementation Essentials) is the official Oracle exam that leads to the Oracle Financials Cloud certification, a credential at the Implementation Specialist level. Related certifications include Oracle Financials Cloud: General Ledger 2020 Implementation Essentials (1Z0-1054-20), Oracle Financials Cloud: Receivables 2020 Implementation Essentials (1Z0-1056-20). Actual4Labs provides 114 practice questions to help you prepare for it with confidence.
The 1z0-1055-20 exam contains 55 questions and gives you 90 minutes to finish them. Before exam day, divide the total time by the question count so you know the pace you need to keep, and flag difficult items instead of getting stuck on them. Running at least one full timed session in the Actual4Labs test engine is the best way to make that time pressure feel familiar.
You need 60% to pass, and the official registration fee is ≈ USD 245. Keep in mind that a failed attempt means paying that fee in full again, so it pays to test yourself first. When your scores on the Actual4Labs timed practice tests stay consistently above the passing line, you are ready to book the exam.
Recommended to have working experience in Oracle Payables Cloud implementation. Requirements can change over time, so always double-check the latest eligibility rules before you register on the official Oracle exam page.
Yes. Actual4Labs offers a free 1z0-1055-20 PDF demo so you can check the quality of the practice questions before purchasing. After you buy, your product comes with 365 days of free updates, and if it expires you can renew the update service at a 50% discount from your member zone.
Your purchase is protected by our 100% Money Back Guarantee. If you take the corresponding 1z0-1055-20 exam within 60 days of purchase and do not pass, send us a scan of your enrollment slip and the official Score Report PDF within two days of the exam, and the full refund will be processed within seven days. The candidate name must match the payer name; exams taken within three days of purchase, free materials, and expired orders are not eligible. If you would rather not refund, you can exchange your product for two free products of equal value and keep the update service on your original purchase. Delivery itself is instant: your material is available for download and is emailed to you within one minute of payment. If nothing arrives within two hours, contact our support team. There is no limit on how many computers you may install it on.
The 1z0-1055-20 syllabus is organized into 5 exam domains. Among the first three are Accounting and Reporting, Invoice Lifecycle and Processing, Tax and Withholding. For the complete breakdown of topics and subtopics, see the Exam Topics section above.
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.)
Correct Answer: A,B,D 🗳️
You have an invoice for a three-month lease and wish to recognize the expense monthly for the duration of the lease.
What must be entered on the invoice in order to do this?
Correct Answer: B 🗳️
A company has a requirement to default the disbursement bank account when submitting a Payment Process Request.
Which actions will accomplish this? (Choose two.)
Correct Answer: C,D 🗳️
Explanation: Only visible for Actual4Labs members. You can sign-up / login (it's free).
Identify three scenarios where you are not allowed to cancel an invoice. (Choose three.)
Correct Answer: A,D,E 🗳️
Explanation: Only visible for Actual4Labs members. You can sign-up / login (it's free).
You have modified your tax setup and want to test the changes on actual Payables transactions. How do you validate before enabling for transaction?
Correct Answer: C 🗳️
Explanation: Only visible for Actual4Labs members. You can sign-up / login (it's free).
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