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Oracle 1Z0-1050-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Security and Integration | - Security roles
|
| Topic 2: Costing and Accounting | - Payroll costing setup
|
| Topic 3: Elements and Earnings/ Deductions | - Balances and formulas
|
| Topic 4: Reporting and Compliance | - Payroll reports
|
| Topic 5: Payroll Fundamentals | - Payroll setup overview
|
| Topic 6: Payroll Processing | - Payments
|
Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:
How should you configure the predefined payslip report to meet your customer's payslip requirements?
- A. Rename the seeded Payslip report and edit the content within the seeded template.
- B. Open the seeded Payslip report and edit the template.
- C. Modify the copy of the seeded payslip template and use it in a copy of the seeded payslip report.
- D. Payslips cannot be configured and must be built from the beginning.
Correct Answer: A 🗳️
You notice that the Cost Center segment, which is defined using Manage Department Costing, has not been populated for an element in the costing results.
What are two reasons for this?
- A. The costing type is defined as Distributed for the element.
- B. There is no costing option defined for the element.
- C. Element is at Payroll relationship level and the costing type is defined as "Costed".
- D. The costing type on the element is defined as "Fixed Costed".
Correct Answer: A,D 🗳️
Your customer has the financial system in a third party system and you have to send the payroll costing entries to a third party system. Which two options should be used to extract the data from Cloud Payroll system?
- A. You can run the Payroll Costing Report to extract the costing results of a particular run.
- B. You can use the OTBI - Payroll Run Costing Real Time subject area to extract the costing results of a particular run.
- C. You cannot extract the costing results from cloud payroll to send it to third party financials system.
- D. You can use the OTBI - Payroll Run Results Real Time subject area to extract the costing results of a particular run, because payroll costing is part of payroll run.
Correct Answer: A,B 🗳️
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. Change the check payment status from paid to void.
- B. Change the check payment status from paid to cancelled.
- C. Rollback the prepayment process for this employee.
- D. Delete the check payment payment result.
Correct Answer: D 🗳️
You have a requirement to restrict the entry on an input value such that the entered value is greater than 30 but less than 50. How do you achieve this?
- A. Create a validation formula and attach it at the element level to validate the minimum and maximum of the input value at the time of entry.
- B. Create a validation formula and attach it at the element input value level to validate the minimum and maximum of the input value at the time of entry.
- C. In the element definition, enter minimum and maximum for the input value.
- D. Create a validation formula and attach it at the element eligibility level to validate the minimum and maximum of the input value at the time of entry.
Correct Answer: D 🗳️
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