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Oracle 1Z0-1050-23 Exam Syllabus Topics:

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

Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

1. You have an earnings element with the latest entry date as "Last Standard Earning Date" without Proation enabled.
When an employee is terminated in the middle of a pay period, how would the element be processed?

A) The element gets processed with full value.
B) The element does not get processed with because it gets end dated before the standard earning date and proratio is not enabled on this element.
C) The element gets processed with zero value and a warning message is displayed.
D) The element gets processed with prorated value.


2. You are testing the retropay process and enter a retrospective bonus entry for a worker. The bonus is calculated based on a percentage of the worker's salary. When you review the results of the retropay process you identify the bonus has not been included.
Identify two reasons why this is happening.

A) Retropay has not been enabled on the bonus element.
B) Element entry changes are not included in the retroactive event group.
C) Bonus element changes are not included in the retroactive event group.
D) Retropay has not been enabled on the salary element.


3. You have a requirement to control the values of one input value from another input value.
How do you achieve this?

A) You cannot achieve this because interdependency on input values is not possible.
B) You can achieve using lookups.
C) You can achieve this requirement using the table-validated values sets.
D) You can achieve this requirement using the independent and dependent value sets on input values.


4. 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) Create the costing of type "Costed" and because it is a relationship level element, it automatically distributes the costs over earnings elements.
B) 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.
C) Create a distribution group with earnings elements and create the distributed costing on relationship level element.
D) you cannot distribute the costs of an element.


5. Which legislative data group (LDG) description is incorrect?

A) An LDG is associated with a legislative code and currency.
B) An LDG marks a legislation in which payroll is processed.
C) An LDG can contain many legal entities that act as payroll statutory units.
D) An LDG can be associated to multiple cost allocation key flexfield structures.


Solutions:

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

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