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Oracle 1Z0-1055-25 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Implementing Accounts Payable Balances: This section of the exam measures skills of Finance Operations Managers and covers Accounts Payable (AP) reporting, analysis, and period closing activities. It explains AP balance configurations, calendar management, and reconciliation with the General Ledger. Candidates must understand the setup of aging periods, payables calendars, and best practices for ensuring accurate financial close processes.
Topic 2
  • Implementing Payments: This section of the exam measures skills of Payments Configuration Specialists and focuses on the payment lifecycle in the Oracle Fusion Payables module. It includes understanding the supplier payment process, AI role in automation, and the configuration of payment options, methods, disbursement choices, and process profiles. The section also involves managing approval workflows and payment process templates for secure and accurate disbursement management.
Topic 3
  • Setting up Common Configurations in the Supplier Invoice to Payments Process This section of the exam measures skills of Accounts Payable Analysts and focuses on understanding the core setup required for supplier invoicing and payment processes. It covers the Enterprise Structure, Financial Reporting Structure, and Data Security model. Candidates must know the purpose of Business Units and Reference Sets and be able to manage Supplier and Bank Account Master Data effectively.
Topic 4
  • Implementing Supplier Invoices: This section of the exam measures skills of Financial Systems Specialists and covers the setup and processing of supplier invoices. It focuses on understanding supplier invoice processing, AI-assisted automation, and key configurations such as invoice options, distribution sets, tolerances, holds, approvals, and release procedures. Candidates also learn how to manage business rules for invoice validation and processing efficiency.
Topic 5
  • Implementing Expenses: This section of the exam measures skills of Expense Management Administrators and focuses on managing and configuring employee expense processes. It includes expense report processing, approval rules, and audit policies. Candidates must understand system configurations for templates, corporate card programs, conversion rate policies, travel integration, and AI-driven automation in expense management.

Reference: https://education.oracle.com/oracle-fusion-cloud-financials-payables-and-expenses-2025-implementation-professional/pexam_1Z0-1055-25

Oracle Fusion Cloud Financials: Payables and Expenses 2025 Implementation Professional Sample Questions:

You joined an OU Live Session for Oracle Financials centered on Expenses and learned about a new feature, Monthly and Lifetime Rate Limit Enforcement for Miscellaneous Policies. With this new feature, you can now enforce monthly and lifetime rate limits for miscellaneous expenses.
Based on which four values did the instructor say you can configure the rate limits?

  • A. Exchange Rate Conversion
  • B. Expense Type
  • C. Role
  • D. Employee Management Level
  • E. Enforce the same rate limit for all employees.
  • F. Currency
  • G. Location
  • H. Gender
Reveal Solution  Discussion  0

Correct Answer: A,C,E,G  🗳️

Your company will be utilizing the Campaign Management for Early Payment Discount Offers feature to maximize early payment discounts. This feature allows companies to send email-based campaigns offering suppliers the opportunity to enroll in an early payment discounts program. There is a predefined list of response options that suppliers can choose from, and such supplier responses are then automatically processed and applied in the system.
Which two are predefined response options available to suppliers?

  • A. Enroll in a Standing Offer
  • B. Decline the Offer
  • C. Accept All Offers
  • D. Subscribe
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

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

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 reasons for this?

  • A. The invoice needs re-validation.
  • 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 has not been accounted.
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

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

You have created an approval rule as follows:
Rule 1: If the invoice amount > $1000, route it to User 1.
Rule 2: If the invoice amount < $1000, auto-approve it.
What will happen if a user creates an invoice for $1000 and routes it for approval?

  • A. Invoice will be auto-approved.
  • B. The workflow will fail once approval is initiated, and the invoice will not get processed.
  • C. Invoice will be sent to User 1 for approval.
  • D. The initiate option is greyed out for the invoice.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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

During an expense audit, the auditor marks an expense item, which is missing a receipt, to be Short Paid. The auditor chooses to complete the audit and warn the user.
Given that the Expense Report Audit Approval is set to After Manager Approval, what are the two valid results of the auditor's action?

  • A. A new expense report containing disallowed expense items is immediately created.
  • B. The approved part of the expense report is not eligible for expense reimbursement.
  • C. A new expense report containing disallowed expense items is not created until the manager approves the short payment.
  • D. The approved part of the expense report is eligible for expense reimbursement.
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

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