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Oracle 1Z0-1050-23 Exam Syllabus Topics:

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

Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

A customer's organization has three Business Units - BU1, BU2, and BU3. You have an Onsite Allowance element, which is at Assignment level, for which only the employees in BU2 and BU3 are eligible.
How do you define the element eligibility for Onsite Allowance element so that the element entry is restricted only for BU2 and BU3?

  • A. You cannot meet the requirement as you cannot create element eligibility using business unit as the eligibility criteria.
  • B. Define multiple element eligibilities using BU2 and BU3 for Business Unit criteria.
  • C. Onsite Allowance element should be defined as the Payroll Relationship level element so that the element eligibility can be defined using Business Unit as the criteria.
  • D. Define the element eligibility as an Open Eligibility and create an element entry only for employees with BU2 and BU3.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

You are creating a custom balance that needs to include run results of all elements associated with the regular earnings and supplemental earnings classifications.
How should you define the balance feeds to meet this requirement?

  • A. Create balance feeds for each element belonging to regular earnings and supplemental earnings classifications.
  • B. Create balance feeds for each element belonging to regular earnings and supplemental earnings classifications but ensure the number of feeds does not exceed 250.
  • C. Create a balance feed for the regular earnings classification and a balance feed for the supplemental earnings classification.
  • D. This requirement cannot be met because a balance cannot be fed by elements from more than one element classification.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Which two seed job roles have access to the Setup and Maintenance work area and can access all payroll setup tasks?

  • A. Skip, Retry, and Submit
  • B. Resubmit, Force Resubmit, and Skip
  • C. Mark for Retry
  • D. Resubmit, Rollback, and Skip
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

If you encounter errors after transferring the batch using the Load Initial Balances process, what must you do?

  • A. Correct the errors, delete the batch, create a new batch, validate and transfer the batch again.
  • B. Correct the errors, create a new batch, validate ant transfer the batch again.
  • C. Perform a rollback, correct the errors, create a new batch, validate and transfer the batch again.
  • D. Undo the batch, correct the errors, validate and transfer the batch again.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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
Reveal Solution  Discussion  0

Correct Answer: A,B,C  🗳️

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