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Oracle 1Z0-1050-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Payroll Fundamentals | - Payroll setup overview
|
| Topic 2: Reporting and Compliance | - Payroll reports
|
| Topic 3: Costing and Accounting | - Payroll costing setup
|
| Topic 4: Payroll Processing | - Payroll run cycles
|
| Topic 5: Elements and Earnings/ Deductions | - Balances and formulas
|
| Topic 6: Security and Integration | - Security roles
|
Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:
1. If you encounter errors after transferring the batch using the Load Initial Balances process, what must you do?
A) Perform a rollback, correct the errors, create a new batch, validate and transfer the batch again.
B) Undo the batch, correct the errors, validate and transfer the batch again.
C) Correct the errors, create a new batch, validate ant transfer the batch again.
D) Correct the errors, delete the batch, create a new batch, validate and transfer the batch again.
2. 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) Group
B) User
C) All
D) Active Users
3. Which statement accurately describes how you create a tax reporting unit (TRU)?
A) 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.
B) You can identify a legal entity as a tax reporting unit.
C) 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.
D) 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.
4. How should you configure the predefined payslip report to meet your customer's payslip requirements?
A) Open the seeded Payslip report and edit the template.
B) Rename the seeded Payslip report and edit the content within the seeded template.
C) Modify the copy of the seeded payslip template and use it in a copy of the seeded payslip report.
D) Payslips cannot be configured and must be built from the beginning.
5. A worker's payroll frequency changes from weekly to monthly. What action should you take?
A) Terminate the worker's assignment record associated to the weekly payroll. Create a new assignment record and associate it to the monthly payroll.
B) Transfer the worker from the weekly payroll to the monthly payroll.
C) End the weekly payroll record to the worker and add a new monthly payroll record.
D) Update the weekly payroll definition and change the calendar to a weekly frequency.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: B |
