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Oracle 1Z0-1050-23 Exam Syllabus Topics:

Section	Weight	Objectives
Payroll Processing and Flows	25%	- Payroll Flow Configuration 1. Designing and implementing payroll flows 2. Monitoring and troubleshooting flow execution - Payroll Cycle Management 1. Running payroll processes and validations 2. Managing retro-pay and adjustments
Global Payroll Configuration and Setup	30%	- Functional Setup Manager usage 1. Using Rapid Implementation workbook 2. Implementing payroll setup tasks - Payroll Elements and Calculation Definitions 1. Configuring calculation rules and formulas 2. Defining earnings, deductions, and balances - Valuesets, Lookups, and Event Groups 1. Creating and managing valuesets 2. Setting up lookups and profile options
Security, Compliance and Integration	20%	- Statutory and Legislative Compliance 1. Meeting country-specific requirements 2. Applying legislative updates and rules - Integrations with HCM and Time & Labor 1. Setting up time entry and payroll integration 2. Managing workforce deployment data - Security Configuration 1. Managing data roles and access 2. Defining element security profiles
Costing, Payment and Reporting	25%	- Reporting and Analytics 1. Using delivered payroll reports 2. Creating custom reports and extracts - Payroll Costing Setup 1. Integrating with Financials Cloud 2. Defining costing rules and distributions - Payment Processing 1. Managing bank files and transfers 2. Configuring payment methods and distributions

Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

1. Where do you define a custom schedule to be used during payroll flow submission?

A) Within Manage Flow Patterns, create a custom schedule and associate it with the flow pattern.
B) Within Manage Fast Formula, create a formula that defines the required schedule.
C) Within Manage Run Types, create a schedule of the category "Normal".
D) Within Manage Time Definitions, create a schedule using the type "Time Span".

2. Your customer is using HCM cloud Absences. Where is the absence information passed from absences to payroll held in the application?

A) Input values
B) Absence information is not passed from cloud absences to cloud payroll.
C) Value definitions
D) User-defined tables.

3. A worker's check has been returned to the company as it is damaged. This must be recorded in the application. What action should they take?

A) Rollback the prepayment process for this employee.
B) Change the check payment status from paid to void.
C) Delete the check payment payment result.
D) Change the check payment status from paid to cancelled.

4. Your customer is running their weekly payroll, which includes a number of high-performing workers, who will be receiving a bonus. They want these workers to be able to view their payslip two days earlier than other workers on the weekly payroll.
What action should be taken to meet this requirement?

A) It is not possible to override the payslip availability date for a subset of workers.
B) Navigate to the Document of Records (DOR) and override the payslip availability date for the impacted employees.
C) Using the payroll time definition, override the payslip availability date for the impacted workers.
D) Create a payroll object group for the impacted workers and enter the overriding payslip availability date when submitting the payroll run.

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

Solutions:

Question # 1
Answer: C

Question # 2
Answer: C

Question # 3
Answer: C

Question # 4
Answer: B

Question # 5
Answer: B