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Oracle 1Z0-1050-24 Exam Syllabus Topics:
Topic
Details
Topic 1
- Describing Payroll Concepts: This section of the exam measures the skills of Payroll Specialists and covers foundational payroll concepts, including human resources and payroll person models. It also explains legislative data groups and payroll statutory units, which are essential for managing compliance and organizational structures. Additionally, this section includes creating payroll users and roles to ensure proper access and security within the payroll system.
Topic 2
- Calculating, Validating, and Correcting Payroll Processes: This section evaluates the skills of Payroll Auditors in calculating, verifying, and correcting payroll processes. It includes confirming the status of payroll flows, verifying costing results, and reconciling payroll data. These tasks are essential for ensuring payroll accuracy and compliance with organizational and legal standards.
Topic 3
- Configuring Payroll Payment Details: This section is designed for Payroll Administrators and focuses on setting up payment details for employees and third parties. It includes adding company payment details, configuring payslip reports, and ensuring accurate payment processing. These tasks are essential for delivering accurate and timely payments to employees and external entities.
Topic 4
- Defining Payroll Costing Rules: This section evaluates the skills of Cost Accountants in setting up payroll costing rules. It includes configuring the Payroll Cost Flexfield, setting up various types of costing, and transferring data to subledger accounting for posting to the general ledger. These tasks ensure accurate financial reporting and cost allocation.
Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q92-Q97):
NEW QUESTION # 92
Your customer has some questions around the parameters that must be entered when running the prepayments process. From which two work areas can you access the prepayment process? (Choose two.)
- A. Accounting Distribution
- B. Payment Distribution
- C. Payroll Calculating
- D. Payroll Checklist
Answer: B,D
Explanation:
In Oracle Payroll Cloud, the Prepayments process prepares payroll data for payment distribution and can be accessed from two key work areas: Payment Distribution (Option A) and Payroll Checklist (Option D). The Payment Distribution work area allows users to submit the prepayments process directly as part of managing payment methods and distributions. The Payroll Checklist work area provides a task-based interface where prepayments can be scheduled or submitted as part of a payroll flow. Option B (Accounting Distribution) is related to costing, not prepayments. Option C (Payroll Calculating) is a typo or misnomer; the correct area is "Payroll Calculation," but prepayments are not accessed from there-it's for calculation processes like Calculate Payroll. Oracle documentation confirms these access points.
NEW QUESTION # 93
How can you delete a payroll flow pattern that has not been previously submitted?
- A. Change the status of the flow pattern to be "Inactive" in Manage Flow Patterns. Then select "Delete" from the actions menu.
- B. Ensure all tasks are deleted and then from Manage Payroll Flow Patterns task, search for your flow and select "Delete" from the actions menu.
- C. From Manage Payroll Flow Patterns task, search for your flow and select Delete" from the actions menu.
- D. You cannot delete flow patterns.
Answer: C
NEW QUESTION # 94
You hire an employee on 01-JAN-2016. The employee is in the process of moving bank accounts and is yet to create a personal payment method. How will the employee receive their payroll payment for the month of January?
- A. A cash payment request will be sent to accounts payable, and the employee will be paid in cash.
- B. The payment process will error and they will not receive payment for the month of January.
- C. They will be paid by check, because this is the default payment method on the employee's payroll.
- D. They won't receive payment until they have created a personal payment method.
Answer: C
Explanation:
In Oracle Payroll Cloud, if an employee has not yet set up a personal payment method (e.g., due to a bank account transition), the system uses the default payment method defined at the payroll level. Typically, this default is set to check (Option D) unless otherwise configured. For an employee hired on 01-JAN-2016 without a personal payment method by the January payroll run, the system will issue a check payment, ensuring the employee is paid without delay. Option A (no payment) and Option B (process error) are incorrect, as the default method prevents such outcomes. Option C (cash payment via accounts payable) is not a standard payroll process. Oracle documentation confirms the use of the payroll's default payment method in such cases.
NEW QUESTION # 95
You have a requirement for not processing an element entry based on a specific condition that will be evaluated during payroll run. How should you achieve this?
- A. You cannot meet this requirement because once an element entry is created, it will be processed all the time.
- B. You write a calculation formula with the condition so that the element is not processed when the condition is satisfied.
- C. You write a skip rule with the condition so that the element is not processed when the condition is satisfied.
- D. You write a validation formula with the condition so that the element is not processed when the condition is satisfied.
Answer: C
NEW QUESTION # 96
A customer is implementing the two-tier employment model. At what level are payroll run results captured in cloud payroll?
- A. Payroll Relationship and Assignment
- B. Payroll Relationship only
- C. Assignment only
- D. Work Relationship and Assignment
Answer: C
NEW QUESTION # 97
......
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