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Oracle 1Z0-1050-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Costing, Payment and Reporting25%- Payment Processing
  • 1. Configuring payment methods and distributions
    • 2. Managing bank files and transfers
      - Payroll Costing Setup
      • 1. Defining costing rules and distributions
        • 2. Integrating with Financials Cloud
          - Reporting and Analytics
          • 1. Creating custom reports and extracts
            • 2. Using delivered payroll reports
              Topic 2: Security, Compliance and Integration20%- Security Configuration
              • 1. Defining element security profiles
                • 2. Managing data roles and access
                  - Statutory and Legislative Compliance
                  • 1. Applying legislative updates and rules
                    • 2. Meeting country-specific requirements
                      - Integrations with HCM and Time & Labor
                      • 1. Setting up time entry and payroll integration
                        • 2. Managing workforce deployment data
                          Topic 3: Payroll Processing and Flows25%- Payroll Flow Configuration
                          • 1. Monitoring and troubleshooting flow execution
                            • 2. Designing and implementing payroll flows
                              - Payroll Cycle Management
                              • 1. Managing retro-pay and adjustments
                                • 2. Running payroll processes and validations
                                  Topic 4: Global Payroll Configuration and Setup30%- Valuesets, Lookups, and Event Groups
                                  • 1. Setting up lookups and profile options
                                    • 2. Creating and managing valuesets
                                      - Payroll Elements and Calculation Definitions
                                      • 1. Configuring calculation rules and formulas
                                        • 2. Defining earnings, deductions, and balances
                                          - Functional Setup Manager usage
                                          • 1. Implementing payroll setup tasks
                                            • 2. Using Rapid Implementation workbook

                                              Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

                                              Question 1

                                              Your customer is using Fusion Absences and wants to send absence information through to Fusion Global Payroll so that it can be proceed. Aside from creating your absence elements and an absence plan, which two steps do you need to complete?

                                              A. Select the "Transfer absence payment Information for payroll processing"Checkbox and attach the absence element to the absence plan.
                                              B. Create element eligibility for your absence elements.
                                              C. Manually enter the absence units in the employees element entry.
                                              D. Create an Absence Calculation Card to store the absence details.


                                              Question 2

                                              Which two seed job roles have access to the Setup and Maintenance work area and can access all payroll setup tasks?

                                              A. Resubmit, Rollback, and Skip
                                              B. Skip, Retry, and Submit
                                              C. Resubmit, Force Resubmit, and Skip
                                              D. Mark for Retry


                                              Question 3

                                              You have a requirement to control the values of one input value from another input value.
                                              How do you achieve this?

                                              A. You cannot achieve this because interdependency on input values is not possible.
                                              B. You can achieve this requirement using the independent and dependent value sets on input values.
                                              C. You can achieve this requirement using the table-validated values sets.
                                              D. You can achieve using lookups.


                                              Question 4

                                              Which option represents the costing hierarchy necessary to build a cost account when the element costing is defined with costing type as "Costed"?

                                              A. Payroll, Element Eligibility, Department, Job, Position, Person Person Element, Element Entry
                                              B. Payroll, Person Element Entry, Department, Job or Position, Person, Element Eligibility
                                              C. Element Eligibility, Payroll, Department, Job or Position, Person, Element Entry
                                              D. Payroll, Department, Job or Position, Element Eligibility, Person, Element Entry


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


                                              Solutions:

                                              Question 1
                                              Answer: A,B
                                              Question 2
                                              Answer: B
                                              Question 3
                                              Answer: A
                                              Question 4
                                              Answer: C
                                              Question 5
                                              Answer: B,D

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