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| 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) |
| Passing Score: | 60% |
| Exam Duration: | 90 minutes |
| Exam Price: | ≈ USD 245 |
| Exam Format: | Scenario-based questions, Multiple choice |
| Available Languages: | English |
| Real Exam Qty: | 55 |
| 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 |
| Section | Objectives |
|---|---|
| Accounting and Reporting | - Accounting entry creation and subledger accounting - Reconciliation and period close |
| Invoice Lifecycle and Processing | - Invoice holds and invoice tolerances - Invoice entry and validation - Invoice approval rule setup - Expense report integration |
| Setup and Configuration | - Payables configuration options - Supplier setup and master data - Invoice and distribution configuration - Enterprise and financial structure setup |
| Payments and Disbursements | - Payment method and process profile configuration - Disbursement bank account setup - Payment process requests |
| Tax and Withholding | - Offset tax and exempt configurations - Tax setup for suppliers |
VerifiedDumps refunds you in full if you take the Oracle Financials Cloud: Payables 2020 Implementation Essentials exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or 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. Alternatively, exchange for two free exam products of equal value and keep your original update service. Delivery is by email within 1 minute of purchase — contact support if nothing arrives within 2 hours.
The 1z0-1055-20 exam is a Oracle certification exam covering the Oracle Financials Cloud: Payables 2020 Implementation Essentials syllabus shown above. It forms part of these credential paths: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials (1Z0-1054-20), Oracle Financials Cloud: Receivables 2020 Implementation Essentials (1Z0-1056-20). Most candidates are working people studying around jobs and families, which is why VerifiedDumps built its 114 practice questions for fragmented schedules — PDF, Desktop Test Engine, and Online Test Engine formats included.
Online or onsite via Oracle testing partners (e.g., Pearson VUE). Register for the Oracle Financials Cloud: Payables 2020 Implementation Essentials exam through these official channels:
Once your date is confirmed, your VerifiedDumps practice questions arrive by email within 1 minute, so the study clock starts immediately.
The official Oracle Financials Cloud: Payables 2020 Implementation Essentials outline divides the exam into 5 domains, the largest being Setup and Configuration, Accounting and Reporting, and Tax and Withholding. The full list is in the topics section above, and VerifiedDumps's 114 practice questions address every domain in it.
Registration for the Oracle Financials Cloud: Payables 2020 Implementation Essentials exam costs ≈ USD 245, and the passing score is 60%. Retaking means paying the fee again, so check your level with the VerifiedDumps engines before you commit to a date.
Everything needed to start the minute your order arrives: 114 practice questions for the Oracle Financials Cloud: Payables 2020 Implementation Essentials exam in three formats — a printable, expert-prepared PDF with instant download; a Desktop Test Engine for Windows that simulates the real exam with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. Also included: a free demo, 365 days of free updates, a 50% renewal discount afterward, unlimited installations, and remote installation guidance from professional IT staff if you need it.
Oracle recommends these training resources for the Oracle Financials Cloud: Payables 2020 Implementation Essentials exam:
Reinforce the training with the 114 practice questions from VerifiedDumps — short, frequent sessions fit working schedules better than marathon weekends.
Recommended to have working experience in Oracle Payables Cloud implementation. Since requirements can change, confirm the current version on the official Oracle exam page before scheduling.
The Oracle Financials Cloud: Payables 2020 Implementation Essentials exam contains 55 with a limit of 90 minutes. That is tight pacing — rehearse it in the VerifiedDumps Desktop Test Engine's timed mode until it feels natural.
Identify three scenarios where you are not allowed to cancel an invoice. (Choose three.)
Correct Answer: B,C,D 🗳️
Explanation: Only visible for VerifiedDumps members. You can sign-up / login (it's free).
You need to create a payment for a supplier before the next payment run. The invoice you wish to pay is not available for selection in the Create Payment page.
Which two are possible reasons for this? (Choose two.)
Correct Answer: A,E 🗳️
You created a payment and before it is cashed by the supplier you mistakenly submitted a request to stop payment. Later you canceled the request to stop payment. What is the resulting payment status?
Correct Answer: B 🗳️
Explanation: Only visible for VerifiedDumps members. You can sign-up / login (it's free).
Which three reports are generated by the export setup data process? (Choose three.)
Correct Answer: B,C,E 🗳️
Which two statements are true about processing corporate card expenses? (Choose two.)
Correct Answer: B,E 🗳️
Explanation: Only visible for VerifiedDumps members. You can sign-up / login (it's free).
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