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Oracle 1Z0-1050-23 Exam Syllabus Topics:

SectionWeightObjectives
Security, Compliance and Integration20%- Security Configuration
  • 1. Defining element security profiles
    • 2. Managing data roles and access
      - Integrations with HCM and Time & Labor
      • 1. Managing workforce deployment data
        • 2. Setting up time entry and payroll integration
          - Statutory and Legislative Compliance
          • 1. Meeting country-specific requirements
            • 2. Applying legislative updates and rules
              Payroll Processing and Flows25%- Payroll Cycle Management
              • 1. Managing retro-pay and adjustments
                • 2. Running payroll processes and validations
                  - Payroll Flow Configuration
                  • 1. Monitoring and troubleshooting flow execution
                    • 2. Designing and implementing payroll flows
                      Global Payroll Configuration and Setup30%- Functional Setup Manager usage
                      • 1. Implementing payroll setup tasks
                        • 2. Using Rapid Implementation workbook
                          - Valuesets, Lookups, and Event Groups
                          • 1. Creating and managing valuesets
                            • 2. Setting up lookups and profile options
                              - Payroll Elements and Calculation Definitions
                              • 1. Defining earnings, deductions, and balances
                                • 2. Configuring calculation rules and formulas
                                  Costing, Payment and Reporting25%- Payment Processing
                                  • 1. Configuring payment methods and distributions
                                    • 2. Managing bank files and transfers
                                      - Payroll Costing Setup
                                      • 1. Defining costing rules and distributions
                                        • 2. Integrating with Financials Cloud
                                          - Reporting and Analytics
                                          • 1. Creating custom reports and extracts
                                            • 2. Using delivered payroll reports

                                              Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

                                              Question 1

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

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


                                              Question 2

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

                                              A. You can identify a legal entity as a tax reporting unit.
                                              B. 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.
                                              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 payroll statutory unit, the application transfers the legal reporting units that are associated with that legal entity to HCM as tax reporting units.


                                              Question 3

                                              What three options should be considered while defining a costing key flexfield structure? (Choose three.)

                                              A. Value sets for the segments
                                              B. segments required for the offset account
                                              C. Cost hierarchy levels enabled to populate each cost account segment
                                              D. GL Accounting key flexfield structure


                                              Question 4

                                              You are creating a car allowance element. The rules for this allowance need to reference the salary balance.
                                              How can you meet this requirement?

                                              A. Enter the salary balance value as an input value on the car allowance element.
                                              B. Associate the salary balance to a calculation card and reference the calculation card in the allowance element formula.
                                              C. Reference the database item and appropriate dimension for the salary balance in the allowance element formula.
                                              D. Create a balance feed to feed the salary balance to the car allowance element.


                                              Question 5

                                              You want to give a user to access to run a specific shipped payroll process or report.
                                              Which three actions should you perform?

                                              A. Give the user the functional privilege to run the specific process or report through a job or abstract role.
                                              B. Define a payroll flow security profile that includes the flow for the specific process or report, and then assign it to the data role attached to the user.
                                              C. Regenerate the data role attached to the user.
                                              D. Enable the process or report on the Mange Payroll Flow Pattern page.


                                              Solutions:

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

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