Free resources look tempting until you realize half of them contradict the other half. Instead of burning 2026 evenings sorting signal from noise, 1Z0-1055-21 candidates can start with the 142 verified Oracle Financials Cloud: Payables 2021 Implementation Essentials practice questions at ValidDumps and spend that time actually learning.
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Payables 2021 Implementation Essentials |
| Exam Number: | 1Z0-1055-21 |
| Related Certifications: | Oracle Fusion Cloud Financials 2021 Implementation Specialist |
| Exam Duration: | 90 minutes |
| Exam Price: | USD 245 |
| Passing Score: | 63% |
| Available Languages: | Japanese, English |
| Certificate Validity Period: | 18 months |
| Exam Format: | Multiple Response, Multiple Choice |
| Real Exam Qty: | Approx. 70 |
| Recommended Training: | Oracle Financials Cloud Learning Subscription |
| Exam Registration: | Oracle MyLearn Pearson VUE |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored or onsite at authorized test centers |
| Pre Condition: | No mandatory prerequisites; hands-on experience recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-payables-2021-implementation-essentials/pexam_1Z0-1055-21 |
| Section | Weight | Objectives |
|---|---|---|
| Payments and Bank Reconciliation | 20% | - Create and Process Payments - Manage Payment Approvals - Bank Reconciliations |
| Invoices and Subledger Accounting | 25% | - Create and Account for Invoices - Manage Subledger Accounting - Manage Withholding and Transaction Taxes - Invoice Approvals |
| Payables Configuration and Setup | 20% | - Manage Business Units - Integrated Imaging Solution - Configure Payables and Payments - Manage Suppliers |
| Reporting and Period Close | 15% | - Payables to Ledger Reconciliation - OTBI and BIP Reports - Period Close Process |
| Expense Management | 20% | - Enter Expense Reports - Process Expense Reimbursements - Audit Expense Reports - Manage Corporate Cards - Manage Expense Approval |
Oracle Financials Cloud: Payables 2021 Implementation Essentials is an official Oracle certification exam, listed under the code 1Z0-1055-21. Clearing it earns the Oracle Financials Cloud: Payables 2021 Certified Implementation Specialist certification, a Specialist-level credential. It also ties into Oracle Fusion Cloud Financials 2021 Implementation Specialist, which makes it a useful anchor for a longer certification plan. For employers, the value is simple: the vendor itself has verified what you know.
You will work through Approx. 70 questions in 90 minutes on the Oracle Financials Cloud: Payables 2021 Implementation Essentials exam. The content is only half the battle; the clock is the other half. Train both at once: set the ValidDumps test engine to full timed mode, practice skipping and returning to stubborn items, and repeat until finishing with minutes to spare feels normal rather than lucky.
Passing Oracle Financials Cloud: Payables 2021 Implementation Essentials requires 63%, and the official registration fee is USD 245. Remember that a retake bills the same USD 245 all over again, so winging it is the most expensive strategy on the table. A better approach: benchmark yourself with the ValidDumps practice tests first, and schedule the real exam only once your scores sit comfortably and consistently above the requirement.
No mandatory prerequisites; hands-on experience recommended
Requirements do evolve, so before you spend a registration fee, verify the current conditions on the official exam page.
Registration for Oracle Financials Cloud: Payables 2021 Implementation Essentials is handled through the vendor's official channels below.
One more detail for your planning: the exam is delivered Online proctored or onsite at authorized test centers.
Oracle recommends the following training resources for the Oracle Financials Cloud: Payables 2021 Implementation Essentials exam.
Training tells you what to learn; practice questions teach you how the exam asks it. Pair either with the 142 items in the ValidDumps 1Z0-1055-21 package and you cover both halves.
Yes. The free demo on this page contains a portion of the complete Oracle Financials Cloud: Payables 2021 Implementation Essentials question set, enough to judge the accuracy and the clarity of the explanations for yourself. After purchase, updates are free for 365 days, and once your product expires you can extend the update service at a 50% discount.
ValidDumps provides a 100% money-back guarantee with clearly stated conditions. Take the Oracle Financials Cloud: Payables 2021 Implementation Essentials exam within 60 days of purchase; if you fail, you may claim a full refund, as long as the exam matches your product. Exams taken within 3 days of purchase are not eligible, and neither are products that were downloaded but never used, free materials, or expired orders; the candidate name must match the payer name. File the claim with a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and it is processed within 7 days. If you would rather exchange than refund, you can receive two other exam products of equal value free of charge and keep the update service on your original purchase.
Delivery is immediate: your purchase is downloadable right away and automatically emailed to you within one minute of successful payment. If nothing arrives within 2 hours, check your spam folder and contact customer service. You may install the software on as many computers as you wish.
The official Oracle Financials Cloud: Payables 2021 Implementation Essentials syllabus comprises 5 domains. The heaviest hitters are Payments and Bank Reconciliation (20%), Reporting and Period Close (15%), and Expense Management (20%). The complete outline sits above on this page; walk it top to bottom and mark every line you could not teach to someone else.
Question 1
Which three attributes are captured during the scanning of invoice images?
A. Terms Date
B. Invoice Number
C. Invoice Date
D. PO Number
E. Payment Method
Question 2
A Payment Process Request was submitted and errors were found in the payment file. The payment file and process were terminated.
Which two statements are true? (Choose two.)
A. The status of each payment in the payment file is Terminated.
B. The status of the payment file is Cancelled.
C. The status of each payment in the payment file is Cancelled and the related documents are available for future selection.
D. The invoices are placed on payment hold.
E. The status of the payment file is Terminated.
Question 3
After you submitted a Payment Process Request, you noticed errors. You want to void the payments. Identify two statements that indicate when it is not possible to void a payment. (Choose two.)
A. A payment that has already cleared the bank.
B. A payment that has been accounted and posted to General Ledger.
C. A payment for an invoice with an associated Withholding Tax invoice.
D. A payment with the status of Issued.
E. A payment that pays a prepayment that has been applied to an invoice.
Question 4
When creating a check payment, from where is the payment document defaulted?
A. Bank Account
B. Supplier
C. Bank
D. Legal Entity
E. Business Unit
Question 5
Which three are supported image formats for the Integrated Imaging solution? (Choose three.)
A. XLS
B. PNG
C. JPEG
D. TIFF
E. RTF
Solutions:
| Question 1 Answer: B,C,D | Question 2 Answer: C,E | Question 3 Answer: A,E | Question 4 Answer: A | Question 5 Answer: B,C,D |
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