One exam, three ways to prepare: Test4Cram delivers the 1Z1-1005 question bank as a printable PDF, a Windows desktop test engine, and a browser-based online engine. All 95 practice questions for the Oracle Financials Cloud: Payables 2018 Implementation Essentials are identical across formats — only your study style decides which one you open first.
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 Certified Implementation Specialist |
| Certificate Validity Period: | Oracle Cloud certifications are typically version-specific; no fixed validity period published for this retired exam. |
| Passing Score: | 65% |
| Available Languages: | English |
| Real Exam Qty: | 80 |
| Exam Price: | USD 245 |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple Choice, Scenario-Based Questions |
| Sample Questions: |  |
| Exam Way: | Pearson VUE testing center or Oracle-authorized online proctored delivery (availability depended on exam retirement status). |
| Pre Condition: | No mandatory prerequisite exam. Oracle recommends hands-on implementation experience with Oracle Financials Cloud Payables. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-1005 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Expenses Management | - Expense Processing
|
| Topic 2: Invoice Processing | - Invoice Lifecycle
|
| Topic 3: Supplier and Master Data Management | - Supplier Setup
|
| Topic 4: Payment Processing | - Payments Configuration
|
| Topic 5: Reporting and Period Close | - Payables Reporting
|
| Topic 6: Enterprise Structure and Common Financial Setup | - Enterprise Structure
|
| Topic 7: Tax and Accounting | - Financial Controls
|
Common Questions About Preparing for the 1Z1-1005 Exam
The official Oracle Financials Cloud: Payables 2018 Implementation Essentials blueprint is divided into 7 domains, led by Invoice Processing, Supplier and Master Data Management, and Reporting and Period Close. The full domain-by-domain breakdown is in the syllabus section above — that is the checklist your study plan should follow.
The passing score for the 1Z1-1005 exam is 65%, and registering officially costs USD 245. That fee buys exactly one attempt — if you fall short, the retake is charged in full again, no discount for a second try. The practical move is to measure yourself first: drill the 95 practice questions at Test4Cram under timed conditions until your mock scores clear the bar with room to spare, then book your seat.
You can. Test4Cram publishes a free PDF demo of the 1Z1-1005 practice questions — download it, work through it, and decide on evidence rather than promises. Once you own the full product, 365 days of free updates are included, and an expired product can have its update service renewed at a 50% discount from your member zone.
The 1Z1-1005 exam — officially the Oracle Financials Cloud: Payables 2018 Implementation Essentials — is how Oracle verifies that you can apply its technologies in real working scenarios, and passing it earns you the Oracle Financials Cloud certification, a credential at the Implementation Specialist level. Employers recognize it because it is vendor-issued and skills-based. Candidates often continue toward related credentials such as Oracle Financials Cloud Certified Implementation Specialist once this one is in hand.
You will face 80 questions within 120 minutes on the 1Z1-1005 exam. Do the math once and the lesson is clear: dwell too long on a hard item and the clock eats your easy points later. The fix is rehearsal, not luck — take full-length timed mocks in the Test4Cram desktop or online test engine until pacing becomes automatic, and learn to flag a question, move on, and return with fresh eyes.
First, delivery: your download is available immediately after payment, and the package also arrives in your email within one minute. If 2 hours pass with nothing in your inbox, check spam and contact support — and feel free to install the software on as many computers as you like, there is no device limit.
Second, the safety net: if you sit the 1Z1-1005 exam within 60 days of purchase and do not pass, the Test4Cram money back guarantee entitles you to a full refund. File the claim within 2 days of the exam with a scanned enrollment slip and your official score report (PDF); claims are processed within 7 days. The candidate name must match the payer name, and the guarantee excludes exams taken within 3 days of purchase, purchases never used in an actual exam attempt, free materials, and expired orders. If you would rather keep studying, you can swap the product for two free exam packages of equal value and keep the update service on your original purchase.
No mandatory prerequisite exam. Oracle recommends hands-on implementation experience with Oracle Financials Cloud Payables.
Vendor policies shift from time to time, so treat this as your starting point and verify the current criteria on the official Oracle exam page before you schedule anything.
Oracle Financials Cloud: Payables 2018 Implementation Essentials Sample Questions:
You have an invoice with a payment term that has the following settings:
* Day of Month = 15
* Cut off Day = 11
* Months Ahead = 0
* Terms Date on Invoice = January 12th
What will the resulting due date for the invoice installment be?
- A. February 15th
- B. April 15th
- C. March 15th
- D. January 15th
Correct Answer: A 🗳️
A company has a requirement to default the disbursement bank account when submitting a Payment Process Request.
Which actions will accomplish this? (Choose two.)
- A. Create a Payment Process Request template that includes the Disbursement Bank Account.
- B. Define the Disbursement Bank Account to every supplier.
- C. Define the Disbursement Bank Account at the business unit level to have the payment process derive the bank account.
- D. Define the Disbursement Bank Account to the Payment Method in payment default rules.
- E. Assign the Disbursement Bank Account to users to have the payment process default the bank account.
Correct Answer: A,D 🗳️
Which two statements are true about processing corporate card expenses? (Choose two.)
- A. You can process payment for credit card using Electronic funds transfer, check, or wire.
- B. Card transactions will be paid directly from Expenses Cloud.
- C. Conversion rate defaults are applicable to corporate card expenses, just as they are applicable to cash expenses.
- D. Usage policy for expense category tolerances does not apply to credit card expenses.
- E. Conversion rate defaults apply only to cash expenses, not to corporate card expenses.
Correct Answer: D,E 🗳️
Which three are supported image formats for the Integrated Imaging solution? (Choose three.)
- A. XLS
- B. RTF
- C. TIFF
- D. PNG
- E. JPEG
Correct Answer: C,D,E 🗳️
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. Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a different conversion rate.
- C. Call Visa to address the issue and tell them to make adjustments to their conversion rate. Then, wait to get a revised statement.
- D. Use the corporate-defined conversion rate even if it means you will not be reimbursed fully.
Correct Answer: A 🗳️
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