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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:
1. 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
2. Where would a payroll flow task retrieve its parameter information when selecting "Bind to Flow Parameter"?
A) Derives the value from one of the flow pattern parameter values
B) Derives the value from the context of the current flow instance
C) Derives the value from the output of the previous task
D) Derives the value from one of the task parameter values
3. In order to load balance initialization data, you may load batch headers and batch lines into HCM Cloud using which two named methods?
A) Using the HCM Data Loader to create batch data
B) Using the Payroll Batch Loader spreadsheet to manually enter batch data
C) Using the Create New Balances for Employees task in Functional Setup Manager
D) Using WebCenter Content to load the batch data by importing a text file and running the Load Batch from File process
4. 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.
5. Which two statements regarding the relationship between legal entities, legal employers, and payroll statutory units (PSU) are correct?
A) A legal entity cannot be both a legal employee and a PSU.
B) PSUs are legal entities responsible for payroll tax and social insurance reporting.
C) Legal employers are legal entities responsible for paying workers.
D) A legal employer can be associated with multiple PSUs.
Solutions:
Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A,D | Question # 4 Answer: B,D | Question # 5 Answer: C,D |