Oracle 1Z0-1050-23

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Oracle 1Z0-1050-23 Exam Syllabus Topics:

Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

Question #1
A customer wants to distribute the costs of a benefits element, which is at payroll relationship level, to employee earnings.
How should you define the costing rules to meet this requirement?

A. you cannot distribute the costs of an element.
B. Create a distribution group with earnings elements and create the distributed costing on relationship level element.
C. Create the costing as Fixed Costed on payroll relationship level element, because the element is at relationship level. It automatically distributes costs for earnings elements, which are at assignment level.
D. Create the costing of type "Costed" and because it is a relationship level element, it automatically distributes the costs over earnings elements.

Question #2
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 include all balances for one employee within one batch.
D. You must create your batches by Legislative Data Group.

Question #3
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. The payroll relationship will be ended and a new relationship is created.
B. There is no impact.
C. It depends on the customer's payroll statutory unit and tax reporting structure.
D. It depends on the customer's payroll statutory unit and legal employer structure.

Question #4
Your company wants to pay its employees from company bank account A and their third parties from company bank account B. What is the recommended approach for this?

A. Create two personal payment methods for each of your employees: one for their salary payments and one for their third-party payments.
B. Create one organization payment method with two payment sources and configure the usage for each payment source within the payment method rules table.
C. Ensure you run the prepayments process separately for your employees and your third parties.
D. Write a formula to select the correct bank account for employees and third parties.

Question #5
Your customer has the financial system in a third party system and you have to send the payroll costing entries to a third party system. Which two options should be used to extract the data from Cloud Payroll system?

A. You can use the OTBI - Payroll Run Costing Real Time subject area to extract the costing results of a particular run.
B. You can run the Payroll Costing Report to extract the costing results of a particular run.
C. You cannot extract the costing results from cloud payroll to send it to third party financials system.
D. You can use the OTBI - Payroll Run Results Real Time subject area to extract the costing results of a particular run, because payroll costing is part of payroll run.

Solutions: