A strict information system guarantees your data safety. Buy the Oracle Financials Cloud: Payables 2024 Implementation Professional material at Test4Engine with confidence: 56 practice questions for the 1Z0-1055-24 exam in 2026.
Oracle 1Z0-1055-24 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Payables 2024 Implementation Professional |
| Exam Number: | 1Z0-1055-24 |
| Passing Score: | 68% (multiple-choice), 75% (performance challenges) |
| Real Exam Qty: | 54-60 |
| Exam Format: | Multiple choice, Scenario-based, Hands-on performance-based |
| Exam Duration: | 90 minutes |
| Certificate Validity Period: | 2 years |
| Exam Price: | $245 USD |
| Available Languages: | English |
| Recommended Training: | Become a Certified Financials - Payables Implementer |
| Exam Registration: | Pearson VUE Oracle University Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | 6+ months implementation experience; no mandatory prerequisite exams; recommended training: Become a Certified Financials - Payables Implementer |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-payables-2024-implementation-professional/pexam_1Z0-1055-24 |
Oracle 1Z0-1055-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Processing Expenses | 15% | - Enter and process expense reports - Process reimbursements and corporate cards - Manage expense approvals and audits - Set up expense configurations |
| AI Capabilities in Payables | 5% | - Integrate AI within ERP ecosystem - Leverage AI for automation and defaulting |
| Managing Payables Invoices | 25% | - Manage suppliers and supplier sites - Implement invoice imaging and recognition - Handle invoice corrections and adjustments - Create, validate and account for invoices |
| Reporting and Period Close | 10% | - Use OTBI and BI Publisher reports - Execute period close process - Run Payables to Ledger Reconciliation |
| Configuring Payables and Payments | 25% | - Set up invoice and payment approval workflows - Manage subledger accounting configuration - Manage withholding tax and transaction tax - Define business units and security - Configure payables and payments setup |
| Processing Payments | 20% | - Create and process payments - Perform bank reconciliation - Manage payment methods and bank accounts - Manage payment approvals and exceptions |
1Z0-1055-24 Exam FAQ — Clear the Nerves
The Oracle Financials Cloud: Payables 2024 Implementation Professional is Oracle's certification exam for Oracle Financials Cloud: Payables 2024 Certified Implementation Professional, at the Professional level. It's demanding enough to intimidate — timed practice is the cure.
Yes:
After any course, build confidence with the 56 practice questions for the Oracle Financials Cloud: Payables 2024 Implementation Professional — every answer expert-verified.
Through the vendor's official registration channels:
The Oracle Financials Cloud: Payables 2024 Implementation Professional is delivered Online proctored or onsite at Pearson VUE test centers — pick the arrangement that suits you when booking.
90 minutes for 54-60 questions. The Test4Engine APP engine imitates the real test — set timed exams, mark performance, point out mistakes — so exam day feels rehearsed.
The Oracle Financials Cloud: Payables 2024 Implementation Professional blueprint spans 6 domains — including Processing Payments (20%), Managing Payables Invoices (25%), Processing Expenses (15%). The complete outline above lists every subtopic; our IT staff keep the material aligned daily.
6+ months implementation experience; no mandatory prerequisite exams; recommended training: Become a Certified Financials - Payables Implementer Eligibility rules change over time, so verify the current requirements on the official page (official 1Z0-1055-24 exam page) before registering.
$245 USD per attempt, 68% (multiple-choice), 75% (performance challenges) to pass. Retakes cost the full fee — practice whenever you want with the 56 practice questions for the 1Z0-1055-24 exam at Test4Engine.
Soon after payment you receive the Oracle Financials Cloud: Payables 2024 Implementation Professional material by automatic email — about a minute, with Credit Card payment and a strict information system keeping money and data safe; our 7*24 service replies within 2 hours, even on official holidays. If you fail the corresponding 1Z0-1055-24 exam within 60 days of purchase, we refund in full: send a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam, processed within 7 days. Excluded: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. Or exchange for two equal-value products free.
Yes — download the free Oracle Financials Cloud: Payables 2024 Implementation Professional demo and feel the engine before paying. Purchases include 365 days of free updates by email; renew afterward at 50% off.
Oracle Financials Cloud: Payables 2024 Implementation Professional Sample Questions:
Your company will be utilizing the Campaign Management for Early Payment Discount Offers feature to maximize early payment discounts. This feature allows companies to send email-based campaigns offering suppliers the opportunity to enroll in an early payment discounts program. There is a predefined list of response options that suppliers can choose from, and such supplier responses are then automatically processed and applied in the system.
Which two are predefined response options available to suppliers?
- A. Subscribe
- B. Enroll in a Standing Offer
- C. Decline the Offer
- D. Accept All Offers
Correct Answer: B,C 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
Adaptive Intelligence (AI), integrated with Oracle Payables Cloud, supports sophisticated data science that drives early payment discount offers.
Which of these is NOT a feature of early payment discounts?
- A. The earlier the payment, the greater the discount.
- B. Eligible discounts decrease on a sliding scale based on the supplier's discretion.
- C. Variable annual percentage rate (APR), based on "days paid early," is used to determine the discount amount.
Correct Answer: B 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
You recently processed a payment for a vendor and later discovered that the payment was made in error and needs to be voided. While voiding the payment, you selected Cancel as the Invoice Action. After performing the invoice voiding, you notice that the invoice is not cancelled; instead, it has an Invoice Cancel hold applied to it.
What is the reason for this?
- A. The invoice has been partially paid by another payment.
- B. The invoice is already on hold.
- C. The invoice date is not in the current open period.
Correct Answer: A 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
You implemented the service provider model for Payables payments, where your United Kingdom (UK) headquarters works solely as an outsourced payment processing unit on behalf of your other UK business units.
What is this type of payment service provider model known as?
- A. Procurement
- B. Dedicated
- C. Dedicated and Self-Service
- D. Self-Service
Correct Answer: B 🗳️
Which two invoice types can have a status of Incomplete?
- A. Scanned Invoices which are rejected during import
- B. Scanned Invoices with invalid or missing data
- C. Prepayment Invoices which are fully paid but not applied against any invoice
- D. Supplier Portal Invoices which are saved but not yet submitted
Correct Answer: B,D 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
