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Last Updated: Sep 03, 2026
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Oracle 1Z0-1055-21 exam is a certification exam offered by Oracle Corporation that tests the knowledge and skills of individuals in implementing payables solutions using the Oracle Financials Cloud. 1Z0-1055-21 exam is designed to test the ability of professionals to implement and configure payables solutions in a cloud-based environment. The Oracle 1Z0-1055-21 certification is an important credential for professionals who want to advance their careers in the field of financial management.
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Oracle 1Z0-1055-21 exam is a multiple-choice exam that consists of 70 questions. Test takers have 105 minutes to complete the exam and answer all the questions. 1Z0-1055-21 exam is designed to test the knowledge and understanding of financial management concepts and the ability to apply them in real-world situations.
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To qualify for the 1Z0-1055-21 Certification Exam, candidates must possess a strong understanding of accounting principles, including accounting policies, chart of accounts, and financial statements. They are also required to have practical experience in using Oracle’s Financials Cloud technology for Payables. 1Z0-1055-21 exam itself consists of 70 multiple-choice questions that must be completed in a duration of 105 minutes.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Reporting and Period Close | 15% | - Period Close Process - OTBI and BIP Reports - Payables to Ledger Reconciliation |
| Topic 2: Payments and Bank Reconciliation | 20% | - Bank Reconciliations - Create and Process Payments - Manage Payment Approvals |
| Topic 3: Expense Management | 20% | - Enter Expense Reports - Audit Expense Reports - Manage Expense Approval - Process Expense Reimbursements - Manage Corporate Cards |
| Topic 4: Payables Configuration and Setup | 20% | - Integrated Imaging Solution - Manage Suppliers - Configure Payables and Payments - Manage Business Units |
| Topic 5: Invoices and Subledger Accounting | 25% | - Invoice Approvals - Create and Account for Invoices - Manage Subledger Accounting - Manage Withholding and Transaction Taxes |
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