Skim the whole map before walking the trail. In 2026, successful 1Z1-1005 candidates start with the full Oracle Financials Cloud: Payables 2018 Implementation Essentials outline and the 95 practice questions from TestPassKing, then drill the difficult points they marked along the way.
Oracle 1Z1-1005 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Payables 2018 Implementation Essentials |
| Exam Number: | 1Z0-1005 |
| Passing Score: | Approximately 60% - 65% |
| Certificate Validity Period: | Varies by Oracle certification policy (often does not formally expire, but may be superseded by newer certification versions) |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple Choice, Multiple Response |
| Real Exam Qty: | 50-70 |
| Related Certifications: | Oracle ERP Cloud Financials Certification Oracle Financials Cloud Implementation Specialist |
| Exam Price: | USD 245 (may vary by region/tax) |
| Available Languages: | English |
| Recommended Training: | Oracle University Financials Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Proctored exam delivered online via Oracle testing partner (typically Pearson VUE) or authorized test centers |
| Pre Condition: | No formal prerequisites required, but knowledge of Oracle Financials Cloud Payables processes is recommended |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1Z1-1005 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Payables Setup and Configuration | - Payables options and system configuration
|
| Topic 2: Invoice Management | - Invoice accounting and approvals
|
| Topic 3: Supplier Management | - Supplier setup and maintenance
|
| Topic 4: Accounting and Reporting | - Reporting
|
| Topic 5: Controls and Compliance | - Controls configuration
|
| Topic 6: Payments | - Payment processing
|
1Z1-1005 (Oracle) Exam: Questions, Answered Honestly
Oracle Financials Cloud: Payables 2018 Implementation Essentials is an official Oracle exam, catalogued under exam code 1Z1-1005. Passing it awards the Oracle Financials Cloud: Payables 2018 Implementation Essentials certification at the Professional level. It also connects with Oracle Financials Cloud Implementation Specialist, Oracle ERP Cloud Financials Certification. It is built for candidates with ambitious aims, and the credential it grants is recognized accordingly.
Oracle Financials Cloud: Payables 2018 Implementation Essentials spans 6 official domains, led by Payables Setup and Configuration, Supplier Management, and Accounting and Reporting. The complete outline sits above; before getting down to business, look through the whole contents quickly so every later practice session has context.
The Oracle Financials Cloud: Payables 2018 Implementation Essentials exam presents 50-70 questions within 120 minutes. A practical tip from successful candidates: mark the most difficult questions during practice, exchange notes on them with friends, and repeat them until they stop being difficult. The TestPassKing engine makes that loop fast, and the clock stops being a threat.
Passing Oracle Financials Cloud: Payables 2018 Implementation Essentials requires Approximately 60% - 65%, and official registration costs USD 245 (may vary by region/tax). Retakes bill the full USD 245 (may vary by region/tax) again, so verify readiness before booking: when your TestPassKing practice scores clear the requirement repeatedly, including on questions you once marked as difficult, you are ready.
No formal prerequisites required, but knowledge of Oracle Financials Cloud Payables processes is recommended
Requirements change from time to time, so confirm the current conditions before registering on the official exam page.
Oracle Financials Cloud: Payables 2018 Implementation Essentials registration is handled through the official channels below.
When you schedule, note that the exam is delivered Proctored exam delivered online via Oracle testing partner (typically Pearson VUE) or authorized test centers.
Oracle recommends the following training for Oracle Financials Cloud: Payables 2018 Implementation Essentials candidates.
Combine any training with the 95 practice questions in the TestPassKing 1Z1-1005 package; one or two focused days of repeated practice after a course is often what locks the knowledge in.
Yes, a free demo of the Oracle Financials Cloud: Payables 2018 Implementation Essentials questions is available before purchase. Afterward, you can track freshness by the updating version number on the website, and whenever questions change we instantly email the details to you, free for 365 days. We even keep sending the latest questions after you pass, so you can follow every tiny change. After expiry, extending updates costs 50% of the regular price.
Your purchase carries a 100% money-back guarantee under clear conditions. Take the Oracle Financials Cloud: Payables 2018 Implementation Essentials exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. Alternatively, exchange for two other exam products of equal value, free, keeping the update service on your original purchase.
Delivery is instant: download after ordering, with an automatic email arriving within one minute. If nothing arrives within 2 hours, do not forget to check your junk mailbox, then contact customer service. Installation is unlimited across your computers.
Oracle Financials Cloud: Payables 2018 Implementation Essentials Sample Questions:
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 possible reasons for this? (Choose two.)
- A. The pay-through date is in a future period.
- B. The pay-through date is in a closed Payables period.
- C. The invoice needs re-validation.
- D. The invoice requires approval.
- E. The invoice has not been accounted.
Correct Answer: C,D 🗳️
Identify what Oracle considers two best practices when setting up Payables and Receivables account access for bank reconciliation. (Choose two.)
- A. Do not assign bank accounts to business units.
- B. Assign a few general ledger cash accounts to multiple bank accounts to facilitate book-tobank reconciliation.
- C. Business units must be granted access to the bank account.
- D. Allow bank accounts to be accessed by all roles and users because the default value to secure a bank account by users and roles is No.
- E. Only business units who use the same ledger as the bank accounts owning legal entity can be assigned access.
Correct Answer: C,E 🗳️
Your company policy requires imaged receipts for expense reports.
Which two statements are true about the association of a receipt to an expense report? (Choose two.)
- A. Receipts are not required if the expense item falls within Per Diem Rates.
- B. Users can maintain scanned receipts in a central repository and provide a reference number in the expense report.
- C. Employees are not reimbursed for expense report expenditures until missing or overdue imaged receipts are submitted.
- D. An expense report may require original, imaged, or both types of receipts.
Correct Answer: B,D 🗳️
A company makes the payment in a currency different from the invoice and ledger currency. What setup options are required to make the cross currency rate type the default?
- A. Manage Payable Options and Manage Invoice Options
- B. Manage common options for Payables and Procurement and Manage Procurement agents
- C. Manage Invoice Options and Manage Procurement agents
- D. Manage Invoice Options and Manage common options for Payables and Procurement
- E. Manage Payment Options and Manage common options for Payables and Procurement
Correct Answer: E 🗳️
After you submitted a Payment Process Request, you noticed errors. You want to void the payments. Identify two statements that indicate when it is not possible to void a payment. (Choose two.)
- A. A payment that has been accounted and posted to General Ledger.
- B. A payment that has already cleared the bank.
- C. A payment for an invoice with an associated Withholding Tax invoice.
- D. A payment with the status of Issued.
- E. A payment that pays a prepayment that has been applied to an invoice.
Correct Answer: B,E 🗳️
