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Oracle 1Z0-1050-23 Exam Syllabus Topics:

SectionObjectives
Payroll Fundamentals- Payroll concepts and lifecycle
  • 1. Payroll relationship model
    • 2. Payroll flows and processes
      - Payroll setup overview
      • 1. Payroll definitions
        • 2. Legislative data groups
          Elements and Earnings/ Deductions- Element configuration
          • 1. Earnings elements setup
            • 2. Deduction elements setup
              - Balances and formulas
              • 1. Balance definitions
                • 2. Formula creation and validation
                  Reporting and Compliance- Payroll reports
                  • 1. Standard payroll reports
                    • 2. Audit and reconciliation reports
                      Payroll Processing- Payments
                      • 1. Off-cycle payments
                        • 2. Payment methods and distribution
                          - Payroll run cycles
                          • 1. Payroll reconciliation
                            • 2. Calculate payroll
                              Costing and Accounting- Payroll costing setup
                              • 1. Cost allocation rules
                                • 2. Costing results review
                                  Security and Integration- Security roles
                                  • 1. Payroll security model
                                    - Integration
                                    • 1. Third-party payroll integration
                                      • 2. HCM integration with Payroll

                                        Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

                                        1. When submitting a payroll flow, who is the owner of a task if no one has been indicated within the payroll flow definition?

                                        A) Any user with the Payroll Administrator role
                                        B) The user that submitted the payroll flow
                                        C) Any user with the Payroll Manager role
                                        D) Any user with either the Payroll Administrator or Payroll Manager Role


                                        2. Which statement accurately describes how you create a tax reporting unit (TRU)?

                                        A) You can identify a legal entity as a tax reporting unit.
                                        B) When you identify a legal entity as a payroll statutory unit, the application transfers the legal reporting units that are associated with that legal entity to HCM as tax reporting units.
                                        C) If you identify a legal entity as a payroll statutory unit, you will have the option to identify the payroll statutory unit as a tax reporting unit.
                                        D) When you identify a legal entity as a legal employer, the application transfers the legal reporting units that are associated with that legal employer to HCM as tax reporting units.


                                        3. You have a requirement to verify the costing results of a person in a particular payroll run.
                                        In which three ways do you verify the costing results of a single person? (Choose three.)

                                        A) You can use the OTBI - Payroll Run Costing Real Time subject area.
                                        B) You can view the costing results from Statement of Earnings -> View Costing Results.
                                        C) You cannot view the costing results of a single person.
                                        D) You can run the Payroll Costing Report for a single person.


                                        4. A worker moves to a different legal employer within the same country. The HR uses performs a global transfer to meet this requirement.
                                        What is the impact of the transfer on the worker's payroll relationship record?

                                        A) It depends on the customer's payroll statutory unit and tax reporting structure.
                                        B) The payroll relationship will be ended and a new relationship is created.
                                        C) It depends on the customer's payroll statutory unit and legal employer structure.
                                        D) There is no impact.


                                        5. If the status of a task on the checklist is "On Hold", what actions can be taken against that task?

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


                                        Solutions:

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

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