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Oracle 1Z0-1050-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Payroll Processing- Payroll run cycles
  • 1. Calculate payroll
    • 2. Payroll reconciliation
      - Payments
      • 1. Off-cycle payments
        • 2. Payment methods and distribution
          Topic 2: Elements and Earnings/ Deductions- Balances and formulas
          • 1. Formula creation and validation
            • 2. Balance definitions
              - Element configuration
              • 1. Deduction elements setup
                • 2. Earnings elements setup
                  Topic 3: 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 4: Security and Integration- Security roles
                          • 1. Payroll security model
                            - Integration
                            • 1. Third-party payroll integration
                              • 2. HCM integration with Payroll
                                Topic 5: Costing and Accounting- Payroll costing setup
                                • 1. Cost allocation rules
                                  • 2. Costing results review
                                    Topic 6: Reporting and Compliance- Payroll reports
                                    • 1. Audit and reconciliation reports
                                      • 2. Standard payroll reports

                                        Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

                                        1. You have run the payroll calculation and several workers have an error status.
                                        What action should you take to remove the payroll calculation results for all workers?

                                        A) Retry
                                        B) Mark for Retry
                                        C) Rollback
                                        D) Delete Records


                                        2. What is the maximum number of segments that a cost allocation key flexfield can have?

                                        A) 10
                                        B) 25
                                        C) 20
                                        D) 30
                                        E) 15


                                        3. Which is the correct cost hierarchy used to build each account segment?

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


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


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

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


                                        Solutions:

                                        Question # 1
                                        Answer: D
                                        Question # 2
                                        Answer: C
                                        Question # 3
                                        Answer: A
                                        Question # 4
                                        Answer: C
                                        Question # 5
                                        Answer: C

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