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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: Payroll Processing- Payments
          • 1. Off-cycle payments
            • 2. Payment methods and distribution
              - Payroll run cycles
              • 1. Payroll reconciliation
                • 2. Calculate payroll
                  Topic 3: Security and Integration- Integration
                  • 1. HCM integration with Payroll
                    • 2. Third-party payroll integration
                      - Security roles
                      • 1. Payroll security model
                        Topic 4: Reporting and Compliance- Payroll reports
                        • 1. Audit and reconciliation reports
                          • 2. Standard payroll reports
                            Topic 5: 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 6: Costing and Accounting- Payroll costing setup
                                    • 1. Costing results review
                                      • 2. Cost allocation rules

                                        Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

                                        Which legislative data group (LDG) description is incorrect?

                                        • A. An LDG can contain many legal entities that act as payroll statutory units.
                                        • B. An LDG marks a legislation in which payroll is processed.
                                        • C. An LDG is associated with a legislative code and currency.
                                        • D. An LDG can be associated to multiple cost allocation key flexfield structures.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: B  🗳️

                                        In order to load balance initialization data, you may load batch headers and batch lines into HCM Cloud using which two named methods?

                                        • A. Using the Create New Balances for Employees task in Functional Setup Manager
                                        • B. Using the HCM Data Loader to create batch data
                                        • C. Using WebCenter Content to load the batch data by importing a text file and running the Load Batch from File process
                                        • D. Using the Payroll Batch Loader spreadsheet to manually enter batch data
                                        Reveal Solution  Discussion  0

                                        Correct Answer: B,C  🗳️

                                        How can you delete a payroll flow pattern that has not been previously submitted?

                                        • A. Ensure all tasks are deleted and then from Manage Payroll Flow Patterns task, search for your flow and select "Delete" from the actions menu.
                                        • B. You cannot delete flow patterns.
                                        • C. From Manage Payroll Flow Patterns task, search for your flow and select Delete" from the actions menu.
                                        • D. Change the status of the flow pattern to be "Inactive" in Manage Flow Patterns. Then select "Delete" from the actions menu.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A  🗳️

                                        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 Payroll Relationship > Payroll Relationship Record
                                        • B. Manage Work Relationship > Assignment Record
                                        • C. Manage Payroll Relationship > Assignment Record
                                        • D. Manage Work Relationship > Work Relationship Record
                                        Reveal Solution  Discussion  0

                                        Correct Answer: B  🗳️

                                        If you create an overtime element with a category of "Timecard", on which input will the overtime hours be held?

                                        • A. Overtime hours will be captured in the "Hours Worked" input value.
                                        • B. An element with "Timecard" category does not create any input values.
                                        • C. Overtime hours will be captured in the "Hours Calculated" input value.
                                        • D. Overtime hours will be captured in the "Hours" input value.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A  🗳️

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