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Oracle 1Z0-1050-23 Exam Syllabus Topics:
Section
Objectives
Implementing Payroll
- Define Earnings and Deductions
1. Manage voluntary and involuntary deductions
2. Create elements and element eligibility
3. Configure input values and balances
- Explain Payroll Concepts
1. Describe payroll architecture and processing concepts
2. Explain payroll relationships and statutory units
3. Understand payroll flow patterns
- Configure Payroll Definitions
1. Configure payroll periods and calendars
2. Set up balance definitions
3. Define payrolls and consolidation groups
- Configure Payroll Costing
1. Configure cost allocation accounts
2. Manage payroll costing results
3. Define costing structures and rules
- Configure Payment Methods
1. Manage personal payment methods
2. Set up organization payment methods
3. Configure payment distribution
- Manage Payroll Processing
1. Correct payroll processing errors
2. Run payroll calculations
3. Validate payroll results
- Manage Payroll Flows and Reporting
1. Configure payroll reports
2. Analyze payroll balances and results
3. Submit and monitor payroll flows
Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:
An element is defined with costing type as "Fixed Costing". Which costing levels are considered while building cost account?
A. Payroll, Person Element Entry, Department, Job or Position, Person, Element Eligibility
B. Payroll, Department, Element Eligibility
C. Payroll, Element Eligibility, Element Entry
D. Payroll, Element Eligibility, Department, Element Entry
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 salary element.
B. Bonus element changes are not included in the retroactive event group.
C. Retropay has not been enabled on the bonus element.
D. Element entry changes are not included in the retroactive event group.
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