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Oracle 1Z0-1050-23 Exam Syllabus Topics:

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

Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

1. An element is defined with costing type as "Fixed Costing".
Which costing levels are considered while building cost account?

A) Payroll, Person Element Entry, Department, Job or Position, Person, Element Eligibility
B) Payroll, Element Eligibility, Department, Element Entry
C) Payroll, Department, Element Eligibility
D) Payroll, Element Eligibility, Element Entry


2. Your customer has some questions around the parameters that must be entered when running the prepayments process.
From which two work areas can you access the prepayment process?

A) Payment Distribution
B) Payroll Checklist
C) Payroll Calculating
D) Accounting Distribution


3. Where do you define a custom schedule to be used during payroll flow submission?

A) Within Manage Fast Formula, create a formula that defines the required schedule.
B) Within Manage Run Types, create a schedule of the category "Normal".
C) Within Manage Time Definitions, create a schedule using the type "Time Span".
D) Within Manage Flow Patterns, create a custom schedule and associate it with the flow pattern.


4. 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) No costing results are created for the person.
C) Calculation displays an error, and the person's results are not costed.
D) Costing results are placed into suspense account.


5. A worker moves to a different legal employer within the same country. The HR uses performs a global transfer to meet this requirement.
What is the impact of the transfer on the worker's payroll relationship record?

A) It depends on the customer's payroll statutory unit and legal employer structure.
B) The payroll relationship will be ended and a new relationship is created.
C) There is no impact.
D) It depends on the customer's payroll statutory unit and tax reporting structure.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: C,D
Question # 3
Answer: B
Question # 4
Answer: D
Question # 5
Answer: B

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