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Oracle 1Z0-1050-23 Exam Syllabus Topics:

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

                                              Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

                                              Question #1

                                              You are creating a car allowance element. The rules for this allowance need to reference the salary balance.
                                              How can you meet this requirement?

                                              • A. Reference the database item and appropriate dimension for the salary balance in the allowance element formula.
                                              • B. Create a balance feed to feed the salary balance to the car allowance element.
                                              • C. Enter the salary balance value as an input value on the car allowance element.
                                              • D. Associate the salary balance to a calculation card and reference the calculation card in the allowance element formula.
                                              Answer: B
                                              Question #2

                                              You notice that the Cost Center segment, which is defined using Manage Department Costing, has not been populated for an element in the costing results.
                                              What are two reasons for this?

                                              • A. Element is at Payroll relationship level and the costing type is defined as "Costed".
                                              • B. The costing type is defined as Distributed for the element.
                                              • C. The costing type on the element is defined as "Fixed Costed".
                                              • D. There is no costing option defined for the element.
                                              Answer: B,C
                                              Question #3

                                              You need to associate a worker to your customer's weekly payroll but the payroll field only displays values for the monthly and by-weekly payrolls.
                                              Which two issues are the source of problem?

                                              • A. You do not have the Manage Payroll Definition duty role.
                                              • B. The weekly payroll has not been created in the worker's legislative data group.
                                              • C. The weekly payroll has not been enabled for the worker's PSU.
                                              • D. Your data role does not include a payroll security profile that includes the weekly payroll.
                                              Answer: C,D
                                              Question #4

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

                                              • A. You can achieve this requirement using the independent and dependent value sets on input values.
                                              • B. You can achieve this requirement using the table-validated values sets.
                                              • C. You can achieve using lookups.
                                              • D. You cannot achieve this because interdependency on input values is not possible.
                                              Answer: D
                                              Question #5

                                              Which legislative data group (LDG) description is incorrect?

                                              • A. An LDG can contain many legal entities that act as payroll statutory units.
                                              • B. An LDG is associated with a legislative code and currency.
                                              • C. An LDG marks a legislation in which payroll is processed.
                                              • D. An LDG can be associated to multiple cost allocation key flexfield structures.
                                              Answer: C

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