Deal of the Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

Oracle 1Z0-1055-22 Exam

Certification Provider: Oracle
Exam Name: Oracle Financials Cloud: Payables 2022 Implementation Professional
Duration: 90 Minutes
Number of questions in our database: 140
Exam Version: May. 26, 2023
1Z0-1055-22 Exam Official Topics:
  • Topic 1: Explain Oracle Transactional Business Intelligence (OTBI)/ Process expense reimbursements
  • Topic 2: Use Business Intelligence Publisher (BIP) Reports/ Explain the Integrated Imaging Solution
  • Topic 3: Manage Withholding and Transaction Taxes/ Manage Invoice and Payment Approvals
  • Topic 4: Configure Payables and Payments/ Create an Account for invoices
  • Topic 5: Explain Bank Reconciliations/ Configure Payables and Payments
  • Topic 6: Use the Payables to Ledger Reconciliation Report/ Manage Subledger Accounting
  • Topic 7: Create and Process Payments/ Audit Expense Reports
  • Topic 8: Explain the Close process/ Manage Expense Approval/ Reporting and Period Close

Free Oracle 1Z0-1055-22 Exam Actual Questions

The questions for 1Z0-1055-22 were last updated On May. 26, 2023

Question #1

A company has a requirement to default the disbursement bank account when submitting a Payment Process Request.

Which two actions will accomplish this? (Choose two.)

Reveal Solution Hide Solution
Correct Answer: B, D

Question #2

The Government has introduced a new reduced tax recovery rate for certain services. You need to amend the configuration for your current tax regime to reflect this change.

Which three setups will you need to complete? (Choose three.)

Reveal Solution Hide Solution
Correct Answer: B, D, F

Set up details for the taxes of a tax regime. Each separate tax in a tax regime includes records that are used to calculate and report on the tax, including:

Tax statuses

Tax rates

Tax rules


Question #3

A company has a requirement to default the disbursement bank account when submitting a Payment Process Request.

Which two actions will accomplish this? (Choose two.)

Reveal Solution Hide Solution
Correct Answer: B, D

Question #4

You have evaluated the use of Oracle Maps Cloud service with Expenses for mileage calculation. The decision is to use this feature.

How do you enable the feature?

Reveal Solution Hide Solution
Correct Answer: B

Create a mileage policy, optionally include a commute deduction rule, and then assign the mileage policy to an expense type to activate the policy.


Question #5

Your client is concerned that all expense reports are getting automatically approved by the expenses system despite the setup of an Audit Selection Rule.

What is the reason for this?

Reveal Solution Hide Solution
Correct Answer: E

Assign audit rules to business units.



Unlock all 1Z0-1055-22 Exam Questions with Advanced Practice Test Features:
  • Select Question Types you want
  • Set your Desired Pass Percentage
  • Allocate Time (Hours : Minutes)
  • Create Multiple Practice tests with Limited Questions
  • Customer Support
Get Full Access Now
Disscuss Oracle 1Z0-1055-22 Topics, Questions or Ask Anything Related

Save Cancel