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Oracle 1Z0-1055-20: Oracle Financials Cloud: Payables 2020 Implementation Essentials

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Reading Time: 13 mins | Publish Date: 15 Jan 2025 | Update Date: 3 May 2025

How to prepare for the Oracle 1Z0-1055-20 Certification Exam

The best way to get ready for the Oracle 1Z0-1055-20 Certification Exam

If you want to survive the exam successfully, just follow our instructions

The certification exam called the Oracle Financials Cloud: Payables 2020 Implementation Essentials exam, is an essential step towards achieving a professional level of expertise in Payables and Payments. It is also considered the first step in gaining access to the Oracle PS training course for Payables and Payments. The exam is designed to test your knowledge of the latest changes and enhancements for the Payables and Payments functionality in the Oracle Financials Cloud. It focuses on the implementation of the Payables and Payments functionality in the Oracle Financials Cloud.

In this article, we explain the topics that are covered on the exam. We will also provide you with information about the exam preparation materials, which also include Oracle 1Z0-1055-20 dumps. Moreover, information like the Oracle 1Z0-1055-20 test pattern, the Oracle 1Z0-1055-20 exam objective, the duration of the exam, the certification level, etc. can be found in the below-mentioned sections. So, get ready to start studying!

Intro to the Oracle 1Z0-1055-20 Certification Exam:

1Z0-1055-20 Certification Exam which is also named Oracle Financials Cloud: Payables 2020 Implementation Essentials, is a certification exam that is being designed and organized by the Oracle Corporation. The exam is developed to test the knowledge of those individuals who are involved in the implementation of the Payables module for the purpose of recording and processing transactions in an accounting system. We recommend you track your timely progress with the help of a testing platform or 1Z0-1055-20 dumps. This particular exam is designed to test your knowledge of how to effectively implement and configure the Payables module in Oracle Fusion Applications. To gain access to this particular Oracle 1Z0-1055-20 Certification Exam you need to successfully pass the Oracle 1Z0-1055-20 Exam and pass it with a score of at least 60% to get the certification.

The significance of the Oracle 1Z0 1055-20 Certification Exam:

The current era is currently going on. On the contrary, we have seen a massive shift in the way business organizations run their businesses. There has been a significant change in the business world where it is no longer just a matter of how much profit an organization makes but how fast it can turn those profits into cash. This particular change in the business world has been attributed to the use of technology. A company that is not able to adapt to these changes in the business world is bound to suffer from huge losses. The only way for a company to survive in this modern era is by being equipped with the knowledge to make sound decisions and take quick and proper actions when required. This knowledge and expertise can be gained by one through the Oracle 1Z0-1055-20 Certification Exam. You can stay updated by learning about the Oracle 1Z0-1055-20 Certification Exam with the help of scenario-based questions, from the test engine or 1Z0-1055-20 dumps.

Why am I required to take the 1Z0-1055-20 Certification Exam?

We all have to work hard and make a living. Many of us are employed in the field of education, and a lot of students also are searching for a good job in this regard. Many of them may have already worked and completed their education but unfortunately, they are not having a proper job in their field. A lot of people are also working as freelancers for their survival. They are working for their livelihood only, but still are having problems with the payment for their work. The concept of payment is always a challenging task for them. For them, it is very difficult to receive a payment because it is always a financial burden for them. If they have a proper record of their payment, then it will be easy for them to take note of their finances. Through the Oracle 1Z0-1055-20 Certification Exam, you can learn about the concepts. You can solve demo exams of the free 1Z0-1055-20 dumps to get updates about the syllabus, to ensure your success.

The targeted audience for the Oracle 1Z0-1055-20 Certification Exam:

Oracle 1Z0-1055-20 Certification Exam is designed for all the professionals who are involved in the implementation and configuration of the Payables module in an accounting system. They are mainly required to implement the Payables module in Oracle Fusion Applications and use this particular module to process payments and enter invoices. The exam is intended for those candidates who have already gained experience in using the Payables module in a system and are looking for a new job in the same field. You can also use 1Z0-1055-20 dumps either you can take the Oracle 1Z0-1055-20 Certification Exam or not. Individuals with a designation like Senior Business Analyst, Senior Consultant, Director of Systems, or an equivalent position can be considered for the exam. The people from the Oracle 1Z0-1055-20 Certification Exam can be from any part of the world.

Here are the topics covered by the Oracle 1Z0-1055-20 Certification Exam:

1Z0-1055-20 dumps cover the following topics of the Oracle 1Z0-1055-20 Certification Exam:

  • Payables Invoices: 30%
  • Payments: 15%
  • Expenses: 15%
  • Configure Payables and Payments: 15%
  • Reporting and Period Close: 25%

What is the prerequisite for the Oracle 1Z0-1055-20 Certification Exam?

There are no prerequisites for taking the Oracle 1Z0-1055-20 Certification Exam. The only prerequisite is that you should have gained some working experience in the implementation of the Payables module.

How much is the registration cost for the Oracle 1Z0-1055-20 Certification Exam?

Oracle 1Z0-1055-20 Certification Exam registration fee is $245. This is a one-time fee, and it is payable on or before the exam date. You will receive your exam voucher after registration.

Where I can take Oracle 1Z0-1055-20 Certification Exam?

You can take the Oracle 1Z0-1055-20 Certification Exam at your preferred location. The Oracle 1Z0-1055-20 Certification Exam is available online. Candidates can register and pay online, and then they will receive an email with all the details regarding their exams. They have to print this email and present it to the test center along with their ID. The test center will provide them with the proctoring material, and they will have to read through it before they start taking the exam. There are also many other centers that offer the exams and have a list of test centers where they conduct the exam.

You can also take the Oracle 1Z0-1055-20 Certification Exam online. 1Z0-1055-20 dumps clarify that you will need a laptop or a desktop. The login information and the password to the exam will be emailed to you. You will have to download the software from the website, then install it on your system, and read the instruction manual that comes with the software, and then complete the registration process online. You will be able to access the login screen and then log in using the details provided to you in the email.

Get to know about the registration process for the Oracle 1Z0-1055-20 Certification Exam:

It is easy to perform this task of registering for the 1Z0-1055-20 Exam. 1Z0-1055-20 dumps have explained the registration process. Steps to register for the Oracle 1Z0-1055-20 Certification Exam are given below:

  • Go to the Oracle’s page at Pearson VUE

  • Enter the desired exam code 1Z0-1055-20. This is a unique code for all the exams offered by Pearson VUE.

  • Click on the “Take the exam” link under the exam code that you want to register for.

  • You will now be directed to the exam registration page.

  • Fill up the registration details, and then submit them. Pay the registration fee for the Oracle 1Z0-1055-20 Certification Exam.

  • You will receive an email with the details of your exam, including the login details for the exam.

Passing Score, Duration, No of question, languages, Format of the Oracle 1Z0-1055-20 Certification Exam:

Passing Score, Duration & Questions for the Oracle 1Z0-1055-20 Certification given in the 1Z0-1055-20 dumps are as follows:

  • Duration: 90 Minutes
  • No. of questions: 55
  • Exam Format: Multiple choice
  • Passing score: 60%
  • Languages: English

Information about the salary of an Oracle 1Z0-1055-20 Certified professional:

The salary of an Oracle 1Z0-1055-20 certified expert depends on their experience and skill set. A person can earn a handsome amount after passing with the assistance of the 1Z0-1055-20 dumps. The average salary of a Payables Implementation expert is around $90,000 to $130,000 per year. The average of an Oracle 1Z0-1055-20 Certified expert according to the country is listed below:

  • In the United States: 90,000 USD
  • In Canada: 105,000 CAD
  • In the United Kingdom: 110,000 GBP
  • In India: 75,000 INR

Have a look at the advantages of getting the Oracle 1Z0-1055-20 Certification:

The following are some advantages of getting the Oracle 1Z0-1055-20 Certification:

  • It is a great way to stand out from the crowd. In this competitive world, people look for professionals who have the right skills and qualifications.

  • The Oracle 1Z0-1055-20 Certification Exam is a part of Oracle’s career development program. It enables you to get an entry-level position after passing the exam. 1Z0-1055-20 dumps will help you to get the desired outcome as it helped the hundreds of students.

  • The Oracle 1Z0-1055-20 Certification Exam will enable you to demonstrate your expertise in the area of Payables and payments. This will be useful for both organizations and individuals, as they can now get certified professionals to help them solve their problems. They can also use these professionals for new projects.

  • It is a very helpful way of earning money. With the growing trend of globalization and the rise in the number of multinational companies, the demand for professionals like Payables Implementation experts is rising. With the increasing demand, it is becoming tough to find such professionals. However, with the certification program, it has become much easier to find these professionals.

An individual can face the following difficulty while writing Oracle 1Z0-1055-20 Certification Exam:

The major difficulty that you can face while writing the Oracle 1Z0-1055-20 Certification Exam is that you don’t have any idea how to do it. This is because the questions are not directly related to Payables and you will need to apply your experience to write the answer. There is a high possibility of getting this question wrong, as you do not have any clue about the subject. If you are aware of the topics beforehand, you can be able to prepare yourself for the exam. You can use 1Z0-1055-20 dumps to practice and solve the exam with ease. This will make it easier for you to get the answers right. You will also be able to save time in solving the query.

Another difficulty that you may face is that you may not understand the terminology being used in the question. However, it is possible to prep for this by referring to the resources available online. These resources include the study guide, the official website, and other relevant documents. Time management is another major issue faced while writing the exam. You will need to manage your time effectively so that you can write the entire test.

How to prepare for the Oracle 1Z0-1055-20 Certification Exam?

In fact, there are two ways to prepare for the exam:

  • One way is to study all the material provided in the study guide. You can also prep for the exam by reading the official website of the certification. This will help you gain an overall understanding of the topics covered in the certification.

  • The other way is to practice for the exam by solving sample questions like 1Z0-1055-20 dumps. This will help you gain experience and also make sure that you are not missing anything out. You can also look at the books, magazines, video tutorials related to finance, payments, and payable.

You should also use your time efficiently while preparing for the exam. You should not spend a lot of time on one topic. It is important to understand the overall structure of the exam. This will help you understand the type of questions that are asked in the exam and how they should be answered. You can also consider sources like blogs, forums, notes by experts, and videos to understand the concepts better.

Which is the best resource for the preparation of Oracle 1Z0-1055-20?

All the above-described sources can be used to prepare for the Oracle 1Z0-1055-20 Certification Exam. However, the most important source is the practice tests. All the information is provided in a user-friendly form which makes it easy to understand. This will help you in gaining knowledge about the topics covered in the exam. In addition to this, you can also get answers to all the questions in these dumps. You can download the query bank or use the practice test as mentioned above. Oracle 1Z0-1055-20 dumps of the Certification-Questions will help you prepare for the exam. You can take a look at them and see how well you are doing. This will help you gauge the level of prep you have done for the Oracle 1Z0-1055-20 Certification Exam. Once you feel ready, you can proceed with the actual exam. Here, you will find various questions related to the Payables and Payments topic. These questions have been provided in order to help you understand the concepts better. You will be able to understand the terminology and the flow of the concepts better by going through these questions.

Why should I consider Oracle 1Z0-1055-20 dumps of the Certification-Questions for the preparation of the Oracle 1Z0-1055-20 Certification Exam?

If you have the actual exam or have gone through it before, then it is highly unlikely that you will face any kind of confusion. However, if you are new to the exam, then it is advisable that you consider taking the 1Z0-1055-20 dumps from the Certification-Questions. The reason for this is that they are designed in a way that will help you gain knowledge about all the topics covered in the exam. This will help you get an understanding of the concept of Payables and Payments in Oracle Financials Cloud. The questions are provided in order to help you understand the questions asked in the exam. You can also go through them and understand how well you are doing. In addition to this, the questions have been formulated so that they are easy to understand. You will not have any kind of difficulty in understanding these updated practice tests. The questions will help you gain experience while preparing for the exam.

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