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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	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 3	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 4	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 5	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.

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Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q47-Q52):

NEW QUESTION # 47
You hire an employee on 01-JAN-2016. The employee is in the process of moving bank accounts and is yet to create a personal payment method. How will the employee receive their payroll payment for the month of January?

A. They will be paid by check, because this is the default payment method on the employee's payroll.
B. A cash payment request will be sent to accounts payable, and the employee will be paid in cash.
C. They won't receive payment until they have created a personal payment method.
D. The payment process will error and they will not receive payment for the month of January.

Answer: A

NEW QUESTION # 48
You have run payroll process and need to validate and audit the run results before moving on to processing the payment. Which report helps you in diagnosing the results?

A. Payroll Balance Report
B. Payroll Data Validation Report
C. Balance Exception Report
D. Payroll Activity Report

Answer: D

NEW QUESTION # 49
Which action should you take in a checklist to enable the process to be automatically re-processed?

A. Skip
B. Mark for Retry
C. Rollback
D. Re Process

Answer: B

NEW QUESTION # 50
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 Create New Balances for Employees task in Functional Setup Manager
B. Using the HCM Data Loader to create batch data
C. Using the Payroll Batch Loader spreadsheet to manually enter batch data
D. Using WebCenter Content to load the batch data by importing a text file and running the Load Batch from File process

Answer: B,C

NEW QUESTION # 51
You have a requirement to verify the costing results of a person in a particular payroll run. In which three ways do you verify the costing results of a single person? (Choose three.)

A. You can use the OTBI - Payroll Run Costing Real Time subject area.
B. You can view the costing results from Statement of Earnings -> View Costing Results.
C. You cannot view the costing results of a single person.
D. You can run the Payroll Costing Report for a single person.

Answer: A,B,D

Explanation:
Oracle Payroll Cloud provides multiple methods to verify the costing results of an individual in a payroll run. Option B allows users to navigate to the Statement of Earnings and select "View Costing Results" to see detailed costing for a specific person's payroll run. Option C utilizes the OTBI (Oracle Transactional Business Intelligence) - Payroll Run Costing Real Time subject area, which enables real-time reporting and analysis of costing data for an individual. Option D involves running the Payroll Costing Report, which can be filtered to display results for a single person, providing a detailed breakdown of costs. Option A is incorrect because Oracle explicitly supports viewing individual costing results through these tools. These methods are well-documented in Oracle Payroll Cloud resources for auditing and verification purposes.

NEW QUESTION # 52
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Valid 1Z0-1050-24 Test Book - Reliable 1Z0-1050-24 Test Pattern

Oracle 1Z0-1050-24 Exam Syllabus Topics:

Reliable 1Z0-1050-24 Test Pattern, Clearer 1Z0-1050-24 Explanation

Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q47-Q52):

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