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Exam Code: 1Z0-1055-23
Exam Name: Oracle Financials Cloud: Payables 2023 Implementation Professional
Updated: Sep 12, 2026
Q & A: 143 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Invoice Processing and Management | 25% | - Invoice Entry and Validation
|
| Reporting, Integration, and Maintenance | 20% | - Reporting and Analytics
|
| Payments and Disbursements | 25% | - Payment Processing
|
| Payables Configuration and Setup | 30% | - Configure Payables System Options
|
You want to customize the Payables Invoice Register template to only display invoices when the Supplier name is Company A. Supplier name is a group that repeats on every page.
Which is the correct way to customize the template?
Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).
A Payables user creates a manual invoice and a Withholding Tax Classification Code defaults on the invoice line when the invoice is saved.
Where does this Withholding Tax Classification Code default from?
Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).
Which two statements are true about processing corporate card expenses?
Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).
You have an invoice for $200 USD and a credit memo for $225 USD. In other words, the credit amount exceeds the invoice amount. If you enable the option to apply credits up to zero amount payment, then how will the invoice and credit memo be paid?
Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).
You need to create a recurring expense for one of your regular expenses.
Which three are frequencies that you can choose for these types of expenses? (Choose three.)
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