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Oracle 1Z0-1050-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Costing and Accounting | - Payroll costing setup
|
| Topic 2: Reporting and Compliance | - Payroll reports
|
| Topic 3: Elements and Earnings/ Deductions | - Balances and formulas
|
| Topic 4: Security and Integration | - Integration
|
| Topic 5: Payroll Processing | - Payments
|
| Topic 6: Payroll Fundamentals | - Payroll concepts and lifecycle
|
Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:
Your customer's bonus payments are based on a percentage of salary. Therefore, salary must be calculated before bonus in the payroll run. How do you determine the element processing sequence within a payroll run?
- A. Set the priority of the element on the element definition page.
- B. Alter the sequence of the elements on the element entries page.
- C. Set the effective process priority within the element entries page.
- D. Use the default priority of the primary classification of the element.
Correct Answer: D 🗳️
You have a tax deduction element that credits the same account for all employees irrespective of their home department.
How do you define the costing rules to meet this requirement?
- A. You create Fixed Costing on tax deduction element.
- B. You create the costing with "Costed" option on tax element.
- C. You create the costing with distributed option.
- D. You cannot meet this requirement because the costs are automatically apportioned to the respective departments.
Correct Answer: C 🗳️
A court has issued an order for deductions to be taken from a worker's salary and paid to an ex-spouse. The court order includes instructions for the company to make payments directly to the ex-spouse and has included their bank details.
How should you enter these details into the application?
- A. This requirement cannot be met in cloud payroll; all such payments should be sent to the court.
- B. Enter the bank details on the manage third-party person payment methods page.
- C. Enter the bank details on a third-party organization page.
- D. Enter the bank details on personal payment methods page.
Correct Answer: D 🗳️
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. Delete the check payment payment result.
- B. Change the check payment status from paid to void.
- C. Rollback the prepayment process for this employee.
- D. Change the check payment status from paid to cancelled.
Correct Answer: A 🗳️
The customer requires that a team of payroll clerks be able to view the output of a task submitted by another user. Which Owner Type should be configured against the task?
- A. All
- B. Active Users
- C. User
- D. Group
Correct Answer: A 🗳️
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