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Oracle 1Z0-1050-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Costing, Payment and Reporting | 25% | - Reporting and Analytics
|
| Topic 2: Payroll Processing and Flows | 25% | - Payroll Flow Configuration
|
| Topic 3: Global Payroll Configuration and Setup | 30% | - Valuesets, Lookups, and Event Groups
|
| Topic 4: Security, Compliance and Integration | 20% | - Statutory and Legislative Compliance
|
Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:
Your customer pays their workers on a semi-monthly payroll frequency. To save costs, the customer is changing their company policy and effective from 1st January, all workers will be paid on a monthly payroll frequency.
What action should you take to implement this change?
- A. Navigate to the semi-monthly payroll and update the Date Paid field on the payroll time periods to reflect the new monthly payment dates.
- B. Create a new monthly payroll definition and transfer the workers from the semi-monthly payroll to the monthly payroll.
- C. Navigate to the semi-monthly payroll and update the Start and End Dates on the payroll time periods to reflect the new monthly payroll period dates.
- D. Create a new monthly payroll definition, and date the workers employment records associated with the semi-monthly payroll, create new employment records for the workers and associate these to the monthly payroll.
Correct Answer: B 🗳️
Your customer has the financial system in a third party system and you have to send the payroll costing entries to a third party system. Which two options should be used to extract the data from Cloud Payroll system?
- A. You can use the OTBI - Payroll Run Results Real Time subject area to extract the costing results of a particular run, because payroll costing is part of payroll run.
- B. You can use the OTBI - Payroll Run Costing Real Time subject area to extract the costing results of a particular run.
- C. You can run the Payroll Costing Report to extract the costing results of a particular run.
- D. You cannot extract the costing results from cloud payroll to send it to third party financials system.
Correct Answer: B,C 🗳️
What are three important considerations when you create your batch data to initialize employee balances?
- A. You must create your batches by Legislative Data Group.
- B. You must include all balances for one employee within one batch.
- C. You must use the same date for all batch detail lines.
- D. You must initialize balances before you run any payroll processes.
Correct Answer: A,C,D 🗳️
You have a requirement to verify the costing results, such as debit and credit, of a particular payroll run at costing segments combination level, without manually adding the individual costing results.
Which two options achieve this requirement?
- A. You cannot achieve this requirement.
- B. You can use the OTBI - Payroll Run Costing Real Time subject area.
- C. Run the Payroll Activity Report in Detail scope.
- D. Run the Payroll Costing Report in Summary scope.
Correct Answer: A,C 🗳️
You have a requirement for not processing an element entry based on a specific condition that will be evaluated during payroll run. How should you achieve this?
- A. You write a calculation formula with the condition so that the element is not processed when the condition is satisfied.
- B. You write a skip rule with the condition so that the element is not processed when the condition is satisfied.
- C. You write a validation formula with the condition so that the element is not processed when the condition is satisfied.
- D. You cannot meet this requirement because once an element entry is created, it will be processed all the time.
Correct Answer: B 🗳️
