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Oracle 1Z0-1050-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 2

Maintaining Payroll Flows: This section is designed for Payroll Managers and focuses on maintaining and submitting payroll flows. It ensures that payroll processes are executed smoothly and efficiently, from data entry to final payroll submission. This section is critical for ensuring timely and accurate payroll processing.

Topic 3

Defining Earnings and Deductions: This section measures the skills of Compensation Analysts in creating and managing earnings and deduction elements. It covers the behavior of elements, creating element entry business rules, and configuring absence elements. Additionally, it includes adding eligibility rules for elements and creating rules for retroactive changes, ensuring accurate and timely payroll processing.

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.

Topic 5

Configuring Payroll and Balance Definitions: This section evaluates the expertise of Payroll Analysts in setting up and managing payroll definitions and balance definitions. It includes configuring payroll definitions, editing payment dates, and ensuring accurate balance calculations. These tasks are critical for maintaining payroll accuracy and compliance with organizational and legal requirements.

Topic 6

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 7

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.

Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q30-Q35):

NEW QUESTION # 30
In order to load balance initialization data, you may load batch headers and batch lines into HCM Cloud using which two named methods? (Choose two.)

A. Using the Payroll Batch Loader spreadsheet to manually enter batch data
B. Using WebCenter Content to load the batch data by importing a text file and running the Load Batch from File process
C. Using the HCM Data Loader to create batch data
D. Using the Create New Balances for Employees task in Functional Setup Manager

Answer: A,C

Explanation:
Oracle Payroll Cloud supports multiple methods to load balance initialization data, such as batch headers and lines, into HCM Cloud. The HCM Data Loader (HDL) is a powerful tool designed to load large volumes of data, including payroll balances, by creating batch data in a structured format. This method is widely used for automation and bulk uploads (Option A). Similarly, the Payroll Batch Loader spreadsheet allows users to manually enter batch data, such as balance initialization details, in an Excel-based interface, which is then uploaded to the system (Option B). These two methods are explicitly supported and recommended in Oracle documentation for initializing payroll balances. Option C (WebCenter Content) is not a standard method for loading payroll batch data; it is more aligned with content management rather than payroll-specific data loading. Option D (Create New Balances for Employees task) is a functional setup task but not a direct method for loading batch headers and lines.

NEW QUESTION # 31
Your customer is using HCM Cloud Absences. Where is the absence information passed from absences to payroll held in the application?

A. Cloud absences to Cloud Payroll
B. Absence information is not passed from
C. Input values
D. User-defined tables
E. Value definitions

Answer: C

Explanation:
Comprehensive and Detailed in Depth Explanation:
In Oracle Payroll Cloud, absence information from HCM Cloud Absences is passed to payroll and stored in the "Input Values" of absence-related elements. These input values (e.g., absence hours or days) are linked to payroll elements and processed during the payroll run. Option A is vague and not a specific location, Option B is incorrect as absence data is indeed passed, Option C (user-defined tables) is not used for this integration, and Option E (value definitions) defines structure, not data storage. This integration is detailed in the "Absence and Payroll Integration" section.

NEW QUESTION # 32
If the status of a task on the checklist is "On Hold", what actions can be taken against that task?

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

Answer: A

NEW QUESTION # 33
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 can be associated to multiple cost allocation key flexfield structures.
D. An LDG marks a legislation in which payroll is processed.

Answer: C

NEW QUESTION # 34
What are three important considerations when you create your batch data to initialize employee balances?

A. You must use the same date for all batch detail lines.
B. You must initialize balances before you run any payroll processes.
C. You must create your batches by Legislative Data Group.
D. You must include all balances for one employee within one batch.

Answer: B,C,D

NEW QUESTION # 35
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