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Oracle 1Z0-1050-23 Exam Syllabus Topics:

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

                                              Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

                                              You need to associate a worker to your customer's weekly payroll but the payroll field only displays values for the monthly and by-weekly payrolls.
                                              Which two issues are the source of problem?

                                              • A. The weekly payroll has not been created in the worker's legislative data group.
                                              • B. The weekly payroll has not been enabled for the worker's PSU.
                                              • C. Your data role does not include a payroll security profile that includes the weekly payroll.
                                              • D. You do not have the Manage Payroll Definition duty role.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: B,C  🗳️

                                              Your customer is using a third-party time product. You have created elements using the time category and now need to import time card hours into cloud payroll.
                                              How can you meet this requirement?

                                              • A. Use the Load Time Card process to import time entries into cloud Time and Labour, and then use the batch loader task to import time element entries into cloud payroll.
                                              • B. It is not possible to load time directly from a third-party time product into cloud payroll.
                                              • C. Use the batch Loader task to import time element entries into cloud payroll.
                                              • D. Use the Load Time Card process to import time entries into cloud payroll.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A  🗳️

                                              You notice that the Cost Center segment, which is defined using Manage Department Costing, has not been populated for an element in the costing results.
                                              What are two reasons for this?

                                              • A. There is no costing option defined for the element.
                                              • B. The costing type is defined as Distributed for the element.
                                              • C. The costing type on the element is defined as "Fixed Costed".
                                              • D. Element is at Payroll relationship level and the costing type is defined as "Costed".
                                              Reveal Solution  Discussion  0

                                              Correct Answer: B,C  🗳️

                                              Which costing levels can you enter for an offset account?

                                              • A. Job
                                              • B. Department
                                              • C. Position
                                              • D. Element Eligibility
                                              Reveal Solution  Discussion  0

                                              Correct Answer: B  🗳️

                                              You are currently reconciling a payroll run and are informed of a late starter who you would like included in the payments part of the main processing flow.
                                              Which feature should you use to achieve this?

                                              • A. Flow Interaction
                                              • B. Connecting Flows
                                              • C. Flow Linkage
                                              • D. Calling a Flow
                                              Reveal Solution  Discussion  0

                                              Correct Answer: B  🗳️

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