Oracle 1Z0-1055-23 dumps - in .pdf

1Z0-1055-23 pdf
  • Exam Code: 1Z0-1055-23
  • Exam Name: Oracle Financials Cloud: Payables 2023 Implementation Professional
  • Updated: Sep 15, 2026
  • Q & A: 143 Questions and Answers
  • PDF Price: $59.99
  • Free Demo

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  • Exam Code: 1Z0-1055-23
  • Exam Name: Oracle Financials Cloud: Payables 2023 Implementation Professional
  • Updated: Sep 15, 2026
  • Q & A: 143 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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Oracle 1Z0-1055-23 dumps - Testing Engine

1Z0-1055-23 Testing Engine
  • Exam Code: 1Z0-1055-23
  • Exam Name: Oracle Financials Cloud: Payables 2023 Implementation Professional
  • Updated: Sep 15, 2026
  • Q & A: 143 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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Oracle 1Z0-1055-23 Exam Syllabus Topics:

SectionWeightObjectives
Reporting, Integration, and Maintenance20%- Reporting and Analytics
  • 1. Run standard payables reports and create custom reports
    • 2. Use Business Intelligence and reporting tools
      - Integration and Maintenance
      • 1. Integrate with other Oracle Cloud modules
        • 2. Perform period-end close and maintenance activities
          Payables Configuration and Setup30%- Configure Enterprise Structures
          • 1. Set up business units, legal entities, and ledgers
            • 2. Define supplier master data and supplier sites
              - Configure Payables System Options
              • 1. Define tax configurations and withholding tax rules
                • 2. Set up payment terms, payment methods, and payment formats
                  Invoice Processing and Management25%- Prepayments and Expense Invoices
                  • 1. Process employee expense reports and invoices
                    • 2. Apply and account for prepayments
                      - Invoice Entry and Validation
                      • 1. Enter standard invoices, credit memos, and debit memos
                        • 2. Validate invoices, resolve holds, and perform matching
                          Payments and Disbursements25%- Reconciliation and Accounting
                          • 1. Account for payments, discounts, and foreign currency transactions
                            • 2. Reconcile payables to general ledger
                              - Payment Processing
                              • 1. Manage payment batches and bank accounts
                                • 2. Create, approve, and issue payments

                                  Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:

                                  Question #1

                                  You are testing the Payables to General Ledger Reconciliation report at the ledger level for your UK Ledger, you have run and selected the extract for the report but the request returned the message no data to display.
                                  What is the reason for this?

                                  • A. You did not select the business units associated to the UK Ledger.
                                  • B. You did not specify the range of liability accounts to include in the extract.
                                  • C. The financial category of Accounts Payable is not assigned to the liability accounts.
                                  • D. The reconciliation flag has not been enabled for your liability accounts.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  πŸ—³οΈ

                                  Question #2

                                  A company has a requirement to default the disbursement bank account when submitting a Payment Process Request.
                                  Which actions will accomplish this?

                                  • A. Create a Payment Process Request template that includes the Disbursement Bank Account.
                                  • B. Define the Disbursement Bank Account to the Payment Method in payment default rules.
                                  • C. Define the Disbursement Bank Account to every supplier.
                                  • D. Define the Disbursement Bank Account at the business unit level to have the payment process derive the bank account.
                                  • E. Assign the Disbursement Bank Account to users to have the payment process default the bank account.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,E  πŸ—³οΈ

                                  Explanation: Only visible for ExamDumpsVCE members. You can sign-up / login (it's free).

                                  Question #3

                                  Which component is not included in the security architecture for credit card data and bank account data encryption?

                                  • A. Oracle Wallet
                                  • B. Sensitive data encryption and storage
                                  • C. Payments subkeys
                                  • D. Supplier master encryption key
                                  • E. Payments master encryption key
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  πŸ—³οΈ

                                  Question #4

                                  An invoice for $200 USD and a credit memo for $225 USD are due for payment and the "Apply credits up to zero amount" option is enabled for the payment process request. Which statement is correct?

                                  • A. The payment process request pays only $200 USD alone.
                                  • B. The payment process request creates a refund for $225 USD and leaves the invoice unpaid.
                                  • C. The payment process request applies $200 USD of the credit memo to the invoice, leaving a remaining credit of $25 USD, and creates a payment for $0 USD.
                                  • D. The payment process request doesn't select the invoice or credit memo for payment because the credit reduces the payment to - $25 USD, which is below zero.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  πŸ—³οΈ

                                  Explanation: Only visible for ExamDumpsVCE members. You can sign-up / login (it's free).

                                  Question #5

                                  You need to route invoices to three different approvers at the same time, and only one approver needs to approve the invoice.
                                  Which approval ruleset should you use?

                                  • A. ParallelTypeParticipantInParallelModeRuleSet
                                  • B. InvoiceApprovalRuleSet
                                  • C. SingleTypeParticipantInParallelModeRuleSet
                                  • D. FyiTypeParticipantInParallelModeRuleSet
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  πŸ—³οΈ

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