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Oracle 1Z0-1050-23 Exam Syllabus Topics:

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

Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

1. You were trying to attach the lookup that you created to an input value in order to restrict the values for that input value, but the lookup field is not enabled.
What is the reason for the lookup field not being enabled?

A) This is a bug in the application.
B) The unit of measure for the input value should be Character.
C) The unit of measure for the input value should be Number.
D) The unit of measure for the input value should be Date.


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


3. 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 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.
B) Create a distribution group with earnings elements and create the distributed costing on relationship level element.
C) Create the costing of type "Costed" and because it is a relationship level element, it automatically distributes the costs over earnings elements.
D) you cannot distribute the costs of an element.


4. You have a requirement to verify the costing results, such as debit and credit, of a particular payroll run at costing segments combination level, without manually adding the individual costing results.
Which two options achieve this requirement?

A) You can use the OTBI - Payroll Run Costing Real Time subject area.
B) You cannot achieve this requirement.
C) Run the Payroll Activity Report in Detail scope.
D) Run the Payroll Costing Report in Summary scope.


5. 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) Result Element and input value of Earnings Calculated
C) Result Element and input value of Pay Value
D) Base Element and input value of Pay value


Solutions:

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

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