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Oracle 1Z0-1055-24 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Payables 2024 Implementation Professional |
| Exam Number: | 1Z0-1055-24 |
| Certificate Validity Period: | 2 years |
| Real Exam Qty: | 54-60 |
| Exam Format: | Hands-on performance-based, Multiple choice, Scenario-based |
| Exam Price: | $245 USD |
| Exam Duration: | 90 minutes |
| Passing Score: | 68% (multiple-choice), 75% (performance challenges) |
| Available Languages: | English |
| Recommended Training: | Become a Certified Financials - Payables Implementer |
| Exam Registration: | Oracle University Registration Pearson VUE |
| 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 Payments | 20% | - Manage payment methods and bank accounts - Manage payment approvals and exceptions - Perform bank reconciliation - Create and process payments |
| Configuring Payables and Payments | 25% | - Define business units and security - Configure payables and payments setup - Manage subledger accounting configuration - Manage withholding tax and transaction tax - Set up invoice and payment approval workflows |
| AI Capabilities in Payables | 5% | - Leverage AI for automation and defaulting - Integrate AI within ERP ecosystem |
| Managing Payables Invoices | 25% | - Implement invoice imaging and recognition - Create, validate and account for invoices - Manage suppliers and supplier sites - Handle invoice corrections and adjustments |
| Processing Expenses | 15% | - Manage expense approvals and audits - Enter and process expense reports - Set up expense configurations - Process reimbursements and corporate cards |
| Reporting and Period Close | 10% | - Use OTBI and BI Publisher reports - Execute period close process - Run Payables to Ledger Reconciliation |
Oracle Financials Cloud: Payables 2024 Implementation Professional Exam FAQ: What Candidates Ask Most
What is the Oracle 1Z0-1055-24 exam?
The 1Z0-1055-24 exam is the official Oracle exam behind the Oracle Financials Cloud: Payables 2024 Certified Implementation Professional certification, validating the skills measured by the Oracle Financials Cloud: Payables 2024 Implementation Professional credential. It sits at the Professional level of the Oracle certification program.
How many questions are on the 1Z0-1055-24 exam, and how much time do I get?
The 1Z0-1055-24 exam contains 54-60 questions to be completed within 90 minutes. Before exam day, divide the available time by the question count to work out a comfortable per-question pace, and mark any item that eats into it so you can return later instead of getting stuck. Timed sessions in the Getcertkey test engines make that pacing automatic — run at least two full-length mock exams under the clock so time pressure never becomes the reason you drop points.
What score do I need to pass the 1Z0-1055-24 exam, and what does it cost?
The passing score for the 1Z0-1055-24 exam is 68% (multiple-choice), 75% (performance challenges), and the official registration fee is $245 USD. Retakes are not discounted — every new attempt means paying the full fee again — so it pays to measure yourself before you book. Work through the 56 practice questions on Getcertkey, sit a timed practice test, and schedule your exam only when your scores are consistently comfortable. That simple habit is the cheapest exam strategy there is.
Are there any prerequisites for the 1Z0-1055-24 exam?
6+ months implementation experience; no mandatory prerequisite exams; recommended training: Become a Certified Financials - Payables Implementer Requirements can change when Oracle revises its certification program, so confirm the current eligibility rules on the official exam page before you register.
How do I register for the 1Z0-1055-24 exam?
You can book the Oracle Financials Cloud: Payables 2024 Implementation Professional exam through the official registration channels below:
As for delivery, the exam is offered in the following format: Online proctored or onsite at Pearson VUE test centers. Choose the option that suits you best when you book your seat.
What official training is recommended for the 1Z0-1055-24 exam?
Oracle recommends the following training resources for the Oracle Financials Cloud: Payables 2024 Implementation Professional exam:
Official courses build the foundation; the 56 practice questions from Getcertkey then show you how that knowledge is examined, so the two work best together.
Can I try the 1Z0-1055-24 practice questions before I buy?
Yes. Getcertkey provides a free 1Z0-1055-24 PDF demo so you can review the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates — if Oracle revises the exam during that period, the updated material reaches you at no cost. Once the free-update year ends, you can extend your update service at a 50% discount.
What if I fail the 1Z0-1055-24 exam, and how is my order delivered?
Every Oracle Financials Cloud: Payables 2024 Implementation Professional purchase on Getcertkey is covered by a 100% money-back guarantee with clear conditions: if you take the corresponding exam within 60 days of your purchase and do not pass, you can claim a full refund by submitting a scanned copy of your exam enrollment slip and your official score report as a PDF within two days of the exam date; claims are processed within seven days of submission. The guarantee does not apply to exams taken within three days of purchase, to material that was downloaded but never used in an exam attempt, or to free products and expired orders, and the candidate name must match the payer name. If you would rather not take a refund, you can instead exchange your purchase for two free exam preparation products of equal value and keep the update service on your original product.
Delivery is instant: your download is sent to your email within one minute of payment, with no limit on how many computers you may install the material on. If nothing arrives within two hours, check your spam folder and contact customer service for help.
What topics are covered in the 1Z0-1055-24 exam?
The Oracle Financials Cloud: Payables 2024 Implementation Professional exam blueprint is organized into 6 domains. The first three are:
- Managing Payables Invoices — 25% of the exam
- Processing Payments — 20% of the exam
- Configuring Payables and Payments — 25% of the exam
For the complete domain-by-domain breakdown, scroll up to the full exam topics outline above and use it to plan how you distribute your study time.
Oracle Financials Cloud: Payables 2024 Implementation Professional Sample Questions:
Question #1
Which three are valid reasons why you cannot close your Payables period?
A. Suppliers on payment holds
B. Incomplete payment files
C. Unapplied prepayments
D. Bills payable requiring maturity
E. Unaccounted invoices and payments
Question #2
While processing an expense report, the system placed a payment hold on the expense report. What are the two ways to release payment holds?
A. The employee's supervisor can manually release the hold from the notification.
B. The employee can manually release the hold from the notification.
C. Expenses automatically releases holds when receipts are received or waived.
D. Payables Manager can release payment holds in Payables.
E. The expense auditor can manually release the payment hold in a discretionary manner.
Question #3
You are a consultant for a mid-sized company. They have asked you to identify Cash Management reports that can be used to gain a better understanding of the company's cash position. You found four key reports.
Which option correctly matches each report with its description?
Question #4
You are an Oracle Payable Consultant and your client, a large retail organization is discussion statutory reporting requirements.
Your Client to leverage the subledger accounting application to create subledger journal entries for payables.
Some of the reporting requirements are scenario based.
Which three subledger accounting components can have conditions in the rules?
A. Account Rule
B. Journal Entry Rule Set
C. Subledger Entry Rule
D. Description Rule
E. Journal Line Rule
F. Supporting references
Question #5
Your cloud customer wants to use AI to automate key processes in Payables. You are tasked with setting up the required roles for AI apps.
When you create the user-defined AIAPPS_BIP_ROLE, which two role hierarchies should you add?
A. AIAPPS_Author
B. BI_Author
C. BI_Integration
D. AIAPPS_Data_Model_Developer
E. BIP_DataModelDeveloper
Solutions:
| Question #1 Answer: B,D,E | Question #2 Answer: C,E | Question #3 Answer: Only visible for members | Question #4 Answer: A,D,E | Question #5 Answer: A,D |
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