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Oracle 1Z0-1050-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Payroll Fundamentals- Payroll setup overview
  • 1. Payroll definitions
    • 2. Legislative data groups
      - Payroll concepts and lifecycle
      • 1. Payroll relationship model
        • 2. Payroll flows and processes
          Topic 2: Elements and Earnings/ Deductions- Element configuration
          • 1. Deduction elements setup
            • 2. Earnings elements setup
              - Balances and formulas
              • 1. Formula creation and validation
                • 2. Balance definitions
                  Topic 3: Security and Integration- Integration
                  • 1. HCM integration with Payroll
                    • 2. Third-party payroll integration
                      - Security roles
                      • 1. Payroll security model
                        Topic 4: Costing and Accounting- Payroll costing setup
                        • 1. Costing results review
                          • 2. Cost allocation rules
                            Topic 5: Payroll Processing- Payments
                            • 1. Off-cycle payments
                              • 2. Payment methods and distribution
                                - Payroll run cycles
                                • 1. Calculate payroll
                                  • 2. Payroll reconciliation
                                    Topic 6: Reporting and Compliance- Payroll reports
                                    • 1. Standard payroll reports
                                      • 2. Audit and reconciliation reports

                                        Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

                                        1. You have a requirement to verify the costing results of a person in a particular payroll run.
                                        In which three ways do you verify the costing results of a single person? (Choose three.)

                                        A) You can run the Payroll Costing Report for a single person.
                                        B) You can use the OTBI - Payroll Run Costing Real Time subject area.
                                        C) You cannot view the costing results of a single person.
                                        D) You can view the costing results from Statement of Earnings -> View Costing Results.


                                        2. What is the maximum number of segments that a cost allocation key flexfield can have?

                                        A) 15
                                        B) 30
                                        C) 10
                                        D) 20
                                        E) 25


                                        3. What happens if the costing process does not find a value for a segment defined as mandatory, and you create a suspense account at Payroll level?

                                        A) No costing results are created for the person.
                                        B) Calculation displays an error, and the person's results are not costed.
                                        C) Costing results display a blank (null) value in the segment.
                                        D) Costing results are placed into suspense account.


                                        4. There are several flows showing on the payroll dashboard that are incomplete. What action should be taken to complete the flow and remove it from showing on the dashboard?

                                        A) From the Payroll Calculation Work Area, highlight the flow and select the skip all tasks action.
                                        B) From the Payroll Calculation Work Area, highlight the flow and select the delete flow action.
                                        C) From the Payroll Calculation Work Area, highlight the flow and select the rollback all tasks action.
                                        D) From the Payroll Calculation Work Area, highlight the flow and select the complete flow action.


                                        5. 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 Load Time Card process to import time entries into cloud payroll.
                                        D) Use the batch Loader task to import time element entries into cloud payroll.


                                        Solutions:

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

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