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Failing the Oracle Financials Cloud: Payables 2022 Implementation Professional exam means paying the registration fee a second time. A set of 142 1z0-1055-22 practice questions from FreeCram costs a fraction of one retake, which makes it the easiest insurance you will ever buy.

Oracle 1z0-1055-22 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Payables 2022 Implementation Professional
Exam Number:1Z0-1055-22
Real Exam Qty:Approximately 55–60
Exam Price:USD 245 (may vary by region and tax)
Passing Score:Approximately 65%–70% (Oracle exam scoring varies by exam version)
Related Certifications:Oracle Financials Cloud Certification
Oracle ERP Cloud Certification
Oracle Financials Cloud: General Ledger Implementation Professional
Exam Format:Multiple Response, Multiple Choice
Certificate Validity Period:Typically does not expire (Oracle Certification policy may vary by program updates)
Available Languages:English
Exam Duration:90 minutes
Recommended Training:Oracle Financials Cloud Training
Exam Registration:Oracle Certification Registration
Sample Questions:Oracle 1z0-1055-22 Sample Questions
Exam Way:Online proctored or test center (Pearson VUE)
Pre Condition:Recommended: Experience with Oracle Financials Cloud or ERP concepts; no strict mandatory prerequisites
Official Syllabus URL:https://education.oracle.com

Oracle 1z0-1055-22 Exam Syllabus Topics:

SectionObjectives
Invoice Management- Invoice creation and processing
  • 1. Invoice validation and approval workflow
    • 2. Manual and automated invoice entry
      - Invoice accounting
      • 1. Tax handling for invoices
        • 2. Distribution and accounting entries
          Payables Setup and Configuration- Suppliers and supplier management
          • 1. Supplier setup and maintenance
            • 2. Supplier sites and controls
              - Enterprise structures and Payables configuration
              • 1. Ledger and accounting configuration
                • 2. Business units setup for Payables
                  Payments Management- Payment processing
                  • 1. Payment methods and formats
                    • 2. Payment batch processing
                      - Payment reconciliation
                      • 1. Payment status tracking
                        • 2. Bank reconciliation
                          Accounting and Reporting- Financial reporting
                          • 1. Liability reporting
                            • 2. Payables aging reports
                              - Payables accounting integration
                              • 1. Subledger accounting setup
                                • 2. Journal entries generation

                                  Common Questions About the Oracle 1z0-1055-22 Exam

                                  The 1z0-1055-22 exam is the official exam behind the Oracle Financials Cloud: Payables 2022 Implementation Professional credential from Oracle. It sits at the Professional level of the Oracle certification track. It is also associated with Oracle Financials Cloud Certification, Oracle ERP Cloud Certification, Oracle Financials Cloud: General Ledger Implementation Professional. The FreeCram practice questions on this page map to the same objectives, so you can measure your readiness before you book a seat.

                                  The 1z0-1055-22 exam contains Approximately 55–60 questions and gives you 90 minutes to complete them. That pace leaves little room for getting stuck, so train yourself to flag a hard question, move on, and circle back later. Run at least one full timed session in the FreeCram test engine a week before your exam date to check whether your pacing holds under pressure.

                                  You need Approximately 65%–70% (Oracle exam scoring varies by exam version) to pass the 1z0-1055-22 exam, and the official registration fee is USD 245 (may vary by region and tax). A retake means paying that fee again in full, which makes thorough preparation the cheaper option by far. Before scheduling, take a timed FreeCram practice test; if you are not scoring comfortably above the passing line, give yourself more study time instead of booking on hope.

                                  Recommended: Experience with Oracle Financials Cloud or ERP concepts; no strict mandatory prerequisites

                                  Requirements can change, so confirm the latest details on the official Oracle exam page before you register.

                                  You can book the 1z0-1055-22 exam through the following official channels:

                                  The exam is delivered Online proctored or test center (Pearson VUE), so pick the option that suits you when booking.

                                  Oracle points candidates to these official courses:

                                  Once you have worked through the official material, wrap up your preparation with the 142 practice questions from FreeCram to lock in what you have learned.

                                  Yes. A free 1z0-1055-22 PDF demo is available, so you can check the question style and answer quality before you commit. Every purchase also includes 365 days of free updates, and if your product expires after that, you can extend 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 1z0-1055-22 exam within 60 days of purchase and do not pass, send us a scanned enrollment slip and your official Score Report PDF within two days of the exam; approved refunds are processed within seven days. The candidate name must match the payer name, and the guarantee does not apply to exams taken within three days of purchase, to products that were downloaded but never used in an exam sitting, or to free materials and expired orders. If you would rather keep studying, we can instead exchange your order for two free exam products of equal value while your original product keeps its update service. Delivery itself is instant: your download is emailed within one minute of payment and stays available in your member zone, with no limit on how many computers you can install it on. If nothing arrives within two hours, contact our customer service team.

                                  The 1z0-1055-22 syllabus is divided into 4 domains, including Invoice Management, Payments Management, and Payables Setup and Configuration. The complete breakdown, with every domain and its subtopics, is listed in the Exam Topics section above — review it line by line and flag the areas where you feel weakest.

                                  Oracle Financials Cloud: Payables 2022 Implementation Professional Sample Questions:

                                  Question 1

                                  What is the invoice type of an unapproved, unmatched invoice that was created in the Supplier Portal?

                                  A. iSupplier Invoice
                                  B. Standard Invoice
                                  C. Supplier payment request
                                  D. Credit Memo
                                  E. Standard invoice request


                                  Question 2

                                  Which reporting tool is used to report on real-time data?

                                  A. Oracle Financial Reporting Studio
                                  B. Essbase Cube
                                  C. Oracle Business Intelligence Publisher
                                  D. Oracle Transactional Business Intelligence (OTBI)
                                  E. Smart View


                                  Question 3

                                  An installment meets all of the selection criteria of a Payment Process Request but it still did not get selected for payment processing. Identify two reasons for this.

                                  A. The installment was manually removed.
                                  B. The invoice has not been accounted.
                                  C. The invoices need revalidation.
                                  D. The pay-through date is in a future period.
                                  E. The pay-through date is in a closed Payables period.


                                  Question 4

                                  Which two statements are true related to configuration package? (Choose two.)

                                  A. You can export and import the approval rules from the approval management engine.
                                  B. You can export and import the allocation rules from the allocation manager.
                                  C. You can export and import the custom roles from Oracle Identity Manager.
                                  D. You can export and import selected business object services.
                                  E. You can export and import selected business units.


                                  Question 5

                                  What is the result of voiding a payment?

                                  A. A stop payment request has been initiated to the bank.
                                  B. The payment is reconciled to the bank statement.
                                  C. A bills payable payment was created but is not yet matured.
                                  D. The payment is no longer valid.


                                  Solutions:

                                  Question 1
                                  Answer: E
                                  Question 2
                                  Answer: D
                                  Question 3
                                  Answer: C,E
                                  Question 4
                                  Answer: C,D
                                  Question 5
                                  Answer: D

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