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Last Updated: Oct 02, 2026
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Oracle 1Z0-1055-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Invoice Processing and Management | 25% | - Prepayments and Expense Invoices
|
| Topic 2: Payments and Disbursements | 25% | - Payment Processing
|
| Topic 3: Payables Configuration and Setup | 30% | - Configure Payables System Options
|
| Topic 4: Reporting, Integration, and Maintenance | 20% | - Integration and Maintenance
|
Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:
Which job role has full access to perform all Functional Setup Manager related activities?
- A. Application Implementation Consultant
- B. Any Functional User
- C. Application System Administrator
- D. Functional Setup Manager Superuser
- E. IT Security Manager
Correct Answer: A 🗳️
An installment meets all the selection criteria of a Payment Process Request, but it still does not get selected for payment processing.
What are the two possible reasons for this?
- A. The invoice has not been accounted.
- B. The pay-through date is in a future period.
- C. The invoice requires approval.
- D. The pay-through date is in a closed Payables period.
- E. The invoice needs re-validation.
Correct Answer: C,E 🗳️
Your customer has implemented English as base language and French as a local language. The customer's bank needs the payment file to be sent to them in French. What is the relevant step to do this for preparing the payment template?
- A. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with English locale.
- B. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder, under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.
- C. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.
- D. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with country locale.
Correct Answer: C 🗳️
What is the name of the Work Area that is used to access Functional Setup Manager?
- A. Functional Work Area
- B. Customization Manager
- C. Functional Setup Manager
- D. Customize Setup and Maintenance
- E. Setup and Maintenance
Correct Answer: B 🗳️
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During your business trip to the UK, you took a taxi ride and paid for it by using your personal Visa credit card. While entering your expenses, you get a warning that a different conversion rate was applied to the taxi expense by Visa that the one used by your company.
How do you handle this situation?
- A. Use the corporate-defined conversion rate even if it means you will not be reimbursed fully.
- B. Do not enter the taxi expense and call your Finance Department so that they can make changes in the conversion rate settings and you do not violate the allowable limit.
- C. Call Visa to address the issue and tell them to make adjustments to their conversion rate. Then, wait to get a revised statement.
- D. Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a different conversion rate.
Correct Answer: A 🗳️
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