• Exam Code: 1Z0-1050-23
  • Exam Name: Oracle Payroll Cloud 2023 Implementation Professional
  • Certification Provider: Oracle
  • Corresponding Certification:Oracle Payroll Cloud
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Oracle 1Z0-1050-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Payroll Fundamentals- Payroll setup overview
  • 1. Legislative data groups
    • 2. Payroll definitions
      - 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: Payroll Processing- Payroll run cycles
                  • 1. Calculate payroll
                    • 2. Payroll reconciliation
                      - Payments
                      • 1. Payment methods and distribution
                        • 2. Off-cycle payments
                          Topic 4: Costing and Accounting- Payroll costing setup
                          • 1. Cost allocation rules
                            • 2. Costing results review
                              Topic 5: Security and Integration- Integration
                              • 1. Third-party payroll integration
                                • 2. HCM integration with Payroll
                                  - Security roles
                                  • 1. Payroll security model
                                    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 are currently reconciling a payroll run and are informed of a late starter who you would like included in the payments part of the main processing flow.
                                        Which feature should you use to achieve this?

                                        A) Flow Interaction
                                        B) Calling a Flow
                                        C) Flow Linkage
                                        D) Connecting Flows


                                        2. You are creating a car allowance element. The rules for this allowance need to reference the salary balance.
                                        How can you meet this requirement?

                                        A) Enter the salary balance value as an input value on the car allowance element.
                                        B) Reference the database item and appropriate dimension for the salary balance in the allowance element formula.
                                        C) Associate the salary balance to a calculation card and reference the calculation card in the allowance element formula.
                                        D) Create a balance feed to feed the salary balance to the car allowance element.


                                        3. You want to define your own rules for converting a rate value from one periodicity to another, such as from weekly to annual.
                                        How can you achieve this?

                                        A) You cannot define your own rules for converting from one periodicity to another.
                                        B) Create an additional input value, calculate the converted value outside the system, and enter it while creating an element entry.
                                        C) Define an indirect element, write a fast formula to convert the processed value and create the result for an indirect element.
                                        D) Define your own Periodicity Conversion Rule and select it while creating the element.


                                        4. You need to enter bank account details for the employees within your company. Which task should you use to do this?

                                        A) Manage Third-Party Person Payment Methods
                                        B) Manage Element Entries
                                        C) Manage Personal Payment Methods
                                        D) Manage Organization Payment Methods


                                        5. You want to give a user to access to run a specific shipped payroll process or report.
                                        Which three actions should you perform?

                                        A) Define a payroll flow security profile that includes the flow for the specific process or report, and then assign it to the data role attached to the user.
                                        B) Give the user the functional privilege to run the specific process or report through a job or abstract role.
                                        C) Regenerate the data role attached to the user.
                                        D) Enable the process or report on the Mange Payroll Flow Pattern page.


                                        Solutions:

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

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