In a large bowl, cream together the softened butter and granulated sugar until light and fluffy.
Beat in the egg yolk and vanilla extract until well combined.
In a separate bowl, whisk together the flour, baking powder, and salt.
Gradually add the dry ingredients to the wet ingredients, mixing until just combined to form a dough. Do not overmix.
Chill the dough in the refrigerator for at least 30 minutes.
Once chilled, roll the dough into small balls, about 1-inch in diameter.
Place the cookie balls on a baking sheet lined with parchment paper. Chill again for another 15 minutes.
While the cookie balls are chilling, melt the white chocolate chips with the vegetable oil in a microwave-safe bowl in 30-second intervals, stirring in between, until smooth.
Dip each chilled cookie ball into the melted white chocolate, ensuring it's fully coated. Use a fork to lift and let excess chocolate drip off.
Place the coated truffles back on the parchment-lined baking sheet.
Immediately add sprinkles if desired before the chocolate sets.
Allow the truffles to set at room temperature or in the refrigerator until the chocolate is firm.
Notes
These truffles are best stored in an airtight container in the refrigerator.