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Oracle 1Z0-1050-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Payroll Fundamentals | - Payroll concepts and lifecycle
|
| Topic 2: Reporting and Compliance | - Payroll reports
|
| Topic 3: Payroll Processing | - Payments
|
| Topic 4: Elements and Earnings/ Deductions | - Element configuration
|
| Topic 5: Costing and Accounting | - Payroll costing setup
|
| Topic 6: Security and Integration | - Security roles
|
Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:
What three options should be considered while defining a costing key flexfield structure? (Choose three.)
- A. Cost hierarchy levels enabled to populate each cost account segment
- B. segments required for the offset account
- C. GL Accounting key flexfield structure
- D. Value sets for the segments
Correct Answer: A,B,D 🗳️
The element template has created a "Results" element for a voluntary deduction element along with the base element. What is needed to be created for each employee that is eligible for deduction?
- A. Calculator element
- B. Results element
- C. Distributor element
- D. Base element
Correct Answer: C 🗳️
A line manager has hired a worker who will be paid on a weekly basis. What navigation path should the payroll user take to enter the weekly payroll details for the worker?
- A. Manage Work Relationship > Work Relationship Record
- B. Manage Payroll Relationship > Assignment Record
- C. Manage Payroll Relationship > Payroll Relationship Record
- D. Manage Work Relationship > Assignment Record
Correct Answer: D 🗳️
Which statement accurately describes how you create a tax reporting unit (TRU)?
- A. When you identify a legal entity as a payroll statutory unit, the application transfers the legal reporting units that are associated with that legal entity to HCM as tax reporting units.
- B. When you identify a legal entity as a legal employer, the application transfers the legal reporting units that are associated with that legal employer to HCM as tax reporting units.
- C. You can identify a legal entity as a tax reporting unit.
- D. If you identify a legal entity as a payroll statutory unit, you will have the option to identify the payroll statutory unit as a tax reporting unit.
Correct Answer: D 🗳️
What are three important considerations when you create your batch data to initialize employee balances?
- A. You must include all balances for one employee within one batch.
- B. You must initialize balances before you run any payroll processes.
- C. You must create your batches by Legislative Data Group.
- D. You must use the same date for all batch detail lines.
Correct Answer: B,C,D 🗳️
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