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Oracle 1Z0-1050-23 Exam Syllabus Topics:

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

Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

1. Your customer's bonus payments are based on a percentage of salary. Therefore, salary must be calculated before bonus in the payroll run. How do you determine the element processing sequence within a payroll run?

A) Set the priority of the element on the element definition page.
B) Set the effective process priority within the element entries page.
C) Use the default priority of the primary classification of the element.
D) Alter the sequence of the elements on the element entries page.


2. Which delivered report can be used to verify the details of all payments made to third-parties?

A) Payment Register Report
B) Third-Party Payment Register
C) Payroll Activity Report
D) Third-Party Invoice Listing


3. Where would a payroll flow task retrieve its parameter information when selecting "Bind to Flow Task Parameter"?

A) Derives the value from the output of the previous task
B) Derives the value from a SQL Bind
C) Derives a specific value to the parameter as entered by the user
D) Derives the value from the context of the current flow instance


4. Your customer has some questions around the parameters that must be entered when running the prepayments process.
From which two work areas can you access the prepayment process?

A) Accounting Distribution
B) Payroll Calculating
C) Payment Distribution
D) Payroll Checklist


5. 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 bonus element.
B) Element entry changes are not included in the retroactive event group.
C) Retropay has not been enabled on the salary element.
D) Bonus element changes are not included in the retroactive event group.


Solutions:

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

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