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

Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

Question 1

As a general rule when costing an element created with a primary classification of standard earnings, what element and input value do you cost?

A. Base Element and input value of Earning Calculated
B. Base Element and input value of Pay value
C. Result Element and input value of Earnings Calculated
D. Result Element and input value of Pay Value


Question 2

You have a requirement to stop the new entries from being created for an element and to continue the existing entries. How do you achieve this?

A. Delete the element definition and re-create it with a different effective date.
B. Change the effective date to the required date and select the "Closed for entry" check box.
C. End date the element definition.
D. You cannot achieve this requirement because you need to continue the existing element entries.


Question 3

When a customer runs a payroll, it creates payroll run actions for all workers included in the process.
On which employment record are the process actions created?

A. Payroll Relationship only
B. Assignment, Work Relationship
C. Assignment only
D. Assignment, Payroll Relationship


Question 4

Which status should you select for your flow pattern so it is available under "Submit a Payroll Flow"?

A. Active. Process. Report, or Payroll Flow
B. Active. Payroll Flow
C. Active. Process of Report
D. Active. Flow Pattern Submission


Question 5

Which statement accurately describes how you create a tax reporting unit (TRU)?

A. When you identify a legal entity as a payroll statutory unit, the application transfers the legal reporting units that are associated with that legal entity to HCM as tax reporting units.
B. You can identify a legal entity as a tax reporting unit.
C. If you identify a legal entity as a payroll statutory unit, you will have the option to identify the payroll statutory unit as a tax reporting unit.
D. When you identify a legal entity as a legal employer, the application transfers the legal reporting units that are associated with that legal employer to HCM as tax reporting units.


Solutions:

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

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