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Oracle 1Z0-1050-23 Exam Syllabus Topics:

SectionObjectives
Implementing Payroll- Explain Payroll Concepts
  • 1. Understand payroll flow patterns
  • 2. Explain payroll relationships and statutory units
  • 3. Describe payroll architecture and processing concepts
- Manage Payroll Processing
  • 1. Run payroll calculations
  • 2. Correct payroll processing errors
  • 3. Validate payroll results
- Configure Payroll Costing
  • 1. Manage payroll costing results
  • 2. Define costing structures and rules
  • 3. Configure cost allocation accounts
- Configure Payment Methods
  • 1. Manage personal payment methods
  • 2. Configure payment distribution
  • 3. Set up organization payment methods
- Define Earnings and Deductions
  • 1. Manage voluntary and involuntary deductions
  • 2. Create elements and element eligibility
  • 3. Configure input values and balances
- Configure Payroll Definitions
  • 1. Configure payroll periods and calendars
  • 2. Set up balance definitions
  • 3. Define payrolls and consolidation groups
- Manage Payroll Flows and Reporting
  • 1. Submit and monitor payroll flows
  • 2. Analyze payroll balances and results
  • 3. Configure payroll reports

Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

1. A customer wants to distribute the costs of a benefits element, which is at payroll relationship level, to employee earnings.
How should you define the costing rules to meet this requirement?

A) you cannot distribute the costs of an element.
B) Create the costing of type "Costed" and because it is a relationship level element, it automatically distributes the costs over earnings elements.
C) Create a distribution group with earnings elements and create the distributed costing on relationship level element.
D) Create the costing as Fixed Costed on payroll relationship level element, because the element is at relationship level. It automatically distributes costs for earnings elements, which are at assignment level.


2. A customer is implementing the two-tier employment model. At what level are payroll run results captured in cloud payroll?

A) Payroll Relationship only
B) Work Relationship and Assignment
C) Assignment only
D) Payroll Relationship and Assignment


3. What happens if the costing process does not find a value for a segment defined as mandatory, and you create a suspense account at Payroll level?

A) Costing results display a blank (null) value in the segment.
B) Calculation displays an error, and the person's results are not costed.
C) Costing results are placed into suspense account.
D) No costing results are created for the person.


4. Where would a payroll flow task retrieve its parameter information when selecting "Bind to Flow Task Parameter"?

A) Derives the value from the context of the current flow instance
B) Derives the value from a SQL Bind
C) Derives a specific value to the parameter as entered by the user
D) Derives the value from the output of the previous task


5. Your customer is using a third-party time product. You have created elements using the time category and now need to import time card hours into cloud payroll.
How can you meet this requirement?

A) It is not possible to load time directly from a third-party time product into cloud payroll.
B) Use the batch Loader task to import time element entries into cloud payroll.
C) Use the Load Time Card process to import time entries into cloud payroll.
D) Use the Load Time Card process to import time entries into cloud Time and Labour, and then use the batch loader task to import time element entries into cloud payroll.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: D
Question # 3
Answer: C
Question # 4
Answer: A
Question # 5
Answer: D

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