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Oracle 1Z0-1050-23 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Payroll Cloud 2023 Implementation Professional
Exam Number:1Z0-1050-23
Certificate Validity Period:Oracle Cloud certifications are typically valid for 18 months
Related Certifications:Oracle Payroll Cloud Certified Implementation Professional
Passing Score:68%
Exam Duration:90 minutes
Available Languages:English
Real Exam Qty:50
Exam Format:Multiple Choice
Exam Price:$245 USD
Sample Questions:Oracle 1Z0-1050-23 Sample Questions
Exam Way:Online proctored or test center
Pre Condition:Recommended experience with Oracle Cloud HCM and Payroll implementations
Official Syllabus URL:https://education.oracle.com/

Oracle 1Z0-1050-23 Exam Syllabus Topics:

SectionObjectives
Implementing Payroll- Configure Payroll Definitions
  • 1. Define payrolls and consolidation groups
  • 2. Configure payroll periods and calendars
  • 3. Set up balance definitions
- Explain Payroll Concepts
  • 1. Describe payroll architecture and processing concepts
  • 2. Explain payroll relationships and statutory units
  • 3. Understand payroll flow patterns
- Configure Payment Methods
  • 1. Configure payment distribution
  • 2. Set up organization payment methods
  • 3. Manage personal payment methods
- Define Earnings and Deductions
  • 1. Manage voluntary and involuntary deductions
  • 2. Configure input values and balances
  • 3. Create elements and element eligibility
- Manage Payroll Flows and Reporting
  • 1. Configure payroll reports
  • 2. Submit and monitor payroll flows
  • 3. Analyze payroll balances and results
- Configure Payroll Costing
  • 1. Configure cost allocation accounts
  • 2. Manage payroll costing results
  • 3. Define costing structures and rules
- Manage Payroll Processing
  • 1. Run payroll calculations
  • 2. Correct payroll processing errors
  • 3. Validate payroll results

Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

Question #1

Which two statements regarding the relationship between legal entities, legal employers, and payroll statutory units (PSU) are correct?

  • A. Legal employers are legal entities responsible for paying workers.
  • B. A legal employer can be associated with multiple PSUs.
  • C. A legal entity cannot be both a legal employee and a PSU.
  • D. PSUs are legal entities responsible for payroll tax and social insurance reporting.
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

Question #2

There are several flows showing on the payroll dashboard that are incomplete. What action should be taken to complete the flow and remove it from showing on the dashboard?

  • A. From the Payroll Calculation Work Area, highlight the flow and select the skip all tasks action.
  • B. From the Payroll Calculation Work Area, highlight the flow and select the rollback all tasks action.
  • C. From the Payroll Calculation Work Area, highlight the flow and select the delete flow action.
  • D. From the Payroll Calculation Work Area, highlight the flow and select the complete flow action.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

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. Associate the salary balance to a calculation card and reference the calculation card in the allowance element formula.
  • C. Enter the salary balance value as an input value on the car allowance element.
  • D. Create a balance feed to feed the salary balance to the car allowance element.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

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. Define an indirect element, write a fast formula to convert the processed value and create the result for an indirect element.
  • B. Create an additional input value, calculate the converted value outside the system, and enter it while creating an element entry.
  • C. You cannot define your own rules for converting from one periodicity to another.
  • D. Define your own Periodicity Conversion Rule and select it while creating the element.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

Your customer is using HCM Cloud Absence Management and wants to transfer absence information to Cloud Global Payroll so that it can be processed.
Aside from creating your absence plan, which two steps do you need to complete in Cloud Global Payroll?

  • A. Create your absence elements
  • B. Create an Absence Calculation Card to store the absence details
  • C. Manually enter the absence units in the employees' element entry
  • D. Create element eligibility for each absence element
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

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