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Oracle 1Z0-1050-23 Exam Syllabus Topics:

SectionObjectives
Costing and Accounting- Payroll costing setup
  • 1. Costing results review
    • 2. Cost allocation rules
      Elements and Earnings/ Deductions- Balances and formulas
      • 1. Formula creation and validation
        • 2. Balance definitions
          - Element configuration
          • 1. Earnings elements setup
            • 2. Deduction elements setup
              Security and Integration- Security roles
              • 1. Payroll security model
                - Integration
                • 1. Third-party payroll integration
                  • 2. HCM integration with Payroll
                    Reporting and Compliance- Payroll reports
                    • 1. Audit and reconciliation reports
                      • 2. Standard payroll reports
                        Payroll Processing- Payroll run cycles
                        • 1. Calculate payroll
                          • 2. Payroll reconciliation
                            - Payments
                            • 1. Off-cycle payments
                              • 2. Payment methods and distribution
                                Payroll Fundamentals- Payroll setup overview
                                • 1. Legislative data groups
                                  • 2. Payroll definitions
                                    - Payroll concepts and lifecycle
                                    • 1. Payroll relationship model
                                      • 2. Payroll flows and processes

                                        Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

                                        Question 1

                                        Your customer is using HCM cloud Absences. Where is the absence information passed from absences to payroll held in the application?

                                        A. Value definitions
                                        B. Absence information is not passed from cloud absences to cloud payroll.
                                        C. User-defined tables.
                                        D. Input values


                                        Question 2

                                        You are implementing retropay. You have created a retroactive event group to tract the changes that need to be considered by the retropay process.
                                        To which feature should the retroactive event group be associated?

                                        A. Work relationship records
                                        B. Element
                                        C. Payroll relationship records
                                        D. Payroll definition


                                        Question 3

                                        A person has one Payroll Relationship and two assignments. Each assignment has two different departments. Each department is associated with a different cost center. You would like to transfer all the costs of this period to one cost center only.
                                        Which two options achieve this requirement?

                                        A. You cannot achieve this because the cost center is automatically picked up from the manage department costing.
                                        B. Define payroll costing with the cost center required.
                                        C. Define element entry level costing for all elements for this person with the required cost center.
                                        D. Define the Person - Payroll Relationship level costing with the required cost center so that all costs are changed to the same cost center.


                                        Question 4

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


                                        Question 5

                                        A customer's organization has a grade structure with four grades - C1, C2, C3, and C4. You have a car allowance element, which is art Assignment level, for which only the employees with grade C3 and C4 are eligible. You should not be able to create an element entry for employees with grades C1 and C2.
                                        How do you define the element eligibility for Car Allowance element?

                                        A. Define the element eligibility as an Open Eligibility and create an element entry only for employees with grades C3 and C4.
                                        B. Define multiple element eligibilities using grade C1, C2, C3, and C4, but create an element entry only for employees with grades C3 and C4.
                                        C. Define multiple element eligibilities using grade C3 and C4.
                                        D. You cannot meet the requirement as you cannot create element eligibility using grade as the eligibility criteria.


                                        Solutions:

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

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