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1Z0-1050-24 Passing Score - Quiz 2025 Oracle Realistic Oracle Payroll Cloud 2024 Implementation Professional New Test Bootcamp

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Oracle 1Z0-1050-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 2

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 3

Managing Employee Level Payroll Information: This section measures the expertise of HR Payroll Coordinators in managing employee-specific payroll data. It includes adding element entries, bank account details, and payroll frequency details for employees. Additionally, it covers managing absences, initializing payroll balances, and ensuring accurate costing for individuals.

Topic 4

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 5

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.

Topic 6

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.

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Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q93-Q98):

NEW QUESTION # 93
You were trying to attach the lookup that you created to an input value in order to restrict the values for that input value, but the lookup field is not enabled.
What is the reason for the lookup field not being enabled?

A. This is a bug in the application.
B. The unit of measure for the input value should be Date.
C. The unit of measure for the input value should be Character.
D. The unit of measure for the input value should be Number.

Answer: C

NEW QUESTION # 94
If the status of a task on the checklist is "On Hold", what actions can be taken against that task?

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

Answer: B

NEW QUESTION # 95
Which option represents the costing hierarchy necessary to build a cost account when the element costing is defined with costing type as "Costed"?

A. Element Eligibility, Payroll, Department, Job or Position, Person, Element Entry
B. Payroll, Department, Job or Position, Element Eligibility, Person, Element Entry
C. Payroll, Person Element Entry, Department, Job or Position, Person, Element Eligibility
D. Payroll, Element Eligibility, Department, Job, Position, Person, Element Entry

Answer: D

Explanation:
In Oracle Payroll Cloud, when an element's costing type is "Costed," the costing hierarchy determines how cost accounts are built. The correct sequence is Payroll, Element Eligibility, Department, Job, Position, Person, Element Entry (Option D). This hierarchy starts with the broadest level (Payroll), narrows to eligibility rules (Element Eligibility), then includes organizational (Department) and job-related (Job, Position) levels, and finally drills down to individual (Person) and transactional (Element Entry) levels. Options A, B, and C misorder the hierarchy, disrupting the logical flow from payroll-wide to entry-specific costing. Oracle's costing framework documentation defines this standard sequence for "Costed" elements.

NEW QUESTION # 96
How should you change the order of the task displayed within the payroll flows checklist?
Response:

A. Amend both the sequence of the tasks on the task definition page and the task
B. Amend the sequence of the tasks within the task definition page.
C. Amend the task sequence on the task sequencing page.
D. Amend both the task sequence on the task sequencing page and the sequence within the edit task details page.

Answer: D

NEW QUESTION # 97
A court has issued an order for deductions to be taken from a worker's salary and paid to an ex-spouse. The court order includes instructions for the company to make payments directly to the ex-spouse and has included their bank details. How should you enter these details into the application?

A. Enter the bank details on the personal payment methods page
B. Enter the bank details on a third-party organization page
C. This requirement cannot be met in Cloud Payroll; all such payments should be sent to the court
D. Enter the bank details on the manage third-party person payment methods page

Answer: D

Explanation:
Comprehensive and Detailed in Depth Explanation:
In Oracle Payroll Cloud, court-ordered deductions (e.g., for an ex-spouse) are managed as third-party payments. The correct method is to enter the ex-spouse's bank details on the "Manage Third-Party Person Payment Methods" page, which is designed for payments to individuals outside the organization, such as garnishments or alimony. Option A is incorrect, as Cloud Payroll supports direct payments to third-party persons, not just courts. Option B (personal payment methods) applies to the worker's own payments, not third parties, and Option C (third-party organization) is for entities, not individuals. This process is outlined in the "Third-Party Payments" section.

NEW QUESTION # 98
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