Behind the 95 practice questions for the 1Z1-1005 exam stands a daily routine at ValidVCE: specialists review vendor announcements, refresh the Oracle Financials Cloud: Payables 2018 Implementation Essentials bank when the blueprint shifts, and keep every answer verified before it reaches your screen.
Oracle 1Z1-1005 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Payables 2018 Implementation Essentials |
| Exam Number: | 1Z0-1005 |
| Related Certifications: | Oracle Financials Cloud Oracle Cloud Applications |
| Exam Format: | Multiple Choice |
| Available Languages: | English, Japanese |
| Exam Price: | $245 USD |
| Real Exam Qty: | 73 - 95 |
| Exam Duration: | 120 minutes |
| Passing Score: | 61% - 65% |
| Certificate Validity Period: | 18 months |
| Recommended Training: | Oracle Financials Cloud Learning Subscription |
| Exam Registration: | Pearson VUE Oracle Education |
| Sample Questions: |  |
| Exam Way: | Online proctored or onsite testing via Pearson VUE |
| Pre Condition: | No mandatory prerequisites; hands-on experience with Oracle Financials Cloud recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-payables-2018-implementation-essentials/pexam_1Z0-1005 |
Oracle 1Z1-1005 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Payments | 20% | - Payment Holds and Releases - Bank Setup and Reconciliation - Payment Formats and Disbursement - Payment Process Requests |
| Topic 2: Payables Setup and Configuration | 20% | - Functional Setup Manager - General Payables Options - Supplier Configuration - Business Units and Legal Entities |
| Topic 3: Reporting and Analytics | 10% | - Standard Payables Reports - Custom Reporting Tools - OTBI and BIP Reports |
| Topic 4: Expenses | 15% | - Expense Reimbursement - Corporate Card Management - Expense Report Setup - Expense Audit and Approval |
| Topic 5: Tax and Accounting | 13% | - Payables Accounting Entries - Period Close Process - Payables to Ledger Reconciliation - Withholding and Income Tax |
| Topic 6: Invoicing | 22% | - Integrated Imaging Solution - Invoice Creation and Types - Invoice Approval and Validation - Invoice Matching and Corrections |
Your Oracle Financials Cloud: Payables 2018 Implementation Essentials Questions, Answered
You can register through the official channel listed here: Oracle Education Pearson VUE Create an account, choose a test center or an online-proctored session, pick a date, and complete the payment to confirm your seat.
No mandatory prerequisites; hands-on experience with Oracle Financials Cloud recommended
The current Oracle Financials Cloud: Payables 2018 Implementation Essentials outline breaks down like this:
- Payments (20%)
- Tax and Accounting (13%)
- Expenses (15%)
The exam contains about 73 - 95 questions and gives you 120 minutes minutes to finish them. Working through 95 practice questions for the 1Z1-1005 exam at ValidVCE trains you to hold a steady pace from the first item to the last.
You need 61% - 65% to pass, and the registration fee is $245 USD. Considering that fee, preparing thoroughly once with verified ValidVCE material costs far less than paying for a retake.
Customer service runs 24 hours a day, 7 days a week, all year round. Whether you send a study question or share your passing score, the team replies within about three hours, and email answers typically arrive within two hours. If a reply ever seems late, check your spam folder first, then contact support again.
Yes on both counts. After you pass 1Z1-1005 with a good score, ValidVCE gives you a discount when you buy materials for other exams. And if you represent a company interested in long-term cooperation, ValidVCE offers a discount of more than fifty percent from the second year onward — contact the team to set up an arrangement.
ValidVCE builds its 1Z1-1005 question bank around verified answers checked by IT specialists, reviews vendor updates daily, answers customer messages within about three hours around the clock, and keeps every purchase current with 365 days of free updates — so you always study material that matches what the Oracle Financials Cloud: Payables 2018 Implementation Essentials exam expects today.
Oracle Financials Cloud Learning Subscription Pairing an official course with the verified practice questions from ValidVCE gives you both structured learning and realistic rehearsal before exam day.
Oracle Financials Cloud: Payables 2018 Implementation Essentials Sample Questions:
Question #1
Which statement is true about selecting a bank account on the Create Payment page?
- A. Users can pick any bank account as long as the bank account is tried to the business unit.
- B. There is no relationship between the business unit, bank, and LE. Users can pick any bank account that is setup in their system.
- C. LE on the bank account should be equal to LE on the invoice.
- D. LE on the bank account should be different from the LE on the invoice.
- E. Bank account must match the supplier's bank account.
Correct Answer: C 🗳️
Question #2
When creating a check payment, from where is the payment document defaulted?
- A. Business Unit
- B. Legal Entity
- C. Supplier
- D. Bank
- E. Bank Account
Correct Answer: E 🗳️
Question #3
You are using both Procurement and Financials. You want the system to automatically accrue uninvoiced receipts. Select two true statements. (Choose two.)
- A. For period end accruals, the invoice accounting debits the expense account and credits the liability account.
- B. For period end accruals, accounting is created at material receipt or at delivery to a final destination.
- C. For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.
- D. For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account.
Correct Answer: A,D 🗳️
Question #4
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. 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.
- B. Call Visa to address the issue and tell them to make adjustments to their conversion rate. Then, wait to get a revised statement.
- C. Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a different conversion rate.
- D. Use the corporate-defined conversion rate even if it means you will not be reimbursed fully.
Correct Answer: A 🗳️
Question #5
A Bill Payable document was paid but has not yet matured.
What is the status of the payment?
- A. Cleared
- B. Issued
- C. In Transit
- D. Negotiable
Correct Answer: B 🗳️
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