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Oracle 1Z0-1050-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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 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 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 4	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.

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Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q109-Q114):

NEW QUESTION # 109
You have a requirement to restrict the entry on an input value such that the entered value is greater than 30 but less than 50. How do you achieve this?

A. Create a validation formula and attach it at the element eligibility level to validate the minimum and maximum of the input value at the time of entry.
B. Create a validation formula and attach it at the element input value level to validate the minimum and maximum of the input value at the time of entry.
C. In the element definition, enter minimum and maximum for the input value.
D. Create a validation formula and attach it at the element level to validate the minimum and maximum of the input value at the time of entry.

Answer: B

NEW QUESTION # 110
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, Element Eligibility, Department, Job, Position, Person Person Element, Element Entry
D. Payroll, Person Element Entry, Department, Job or Position, Person, Element Eligibility

Answer: C

NEW QUESTION # 111
You have a requirement to stop the new entries from being created for an element and to continue the existing entries. How do you achieve this?

A. Delete the element definition and re-create it with a different effective date.
B. Change the effective date to the required date and select the "Closed for entry" check box.
C. End date the element definition.
D. You cannot achieve this requirement because you need to continue the existing element entries.

Answer: B

Explanation:
In Oracle Payroll Cloud, to prevent new entries for an element while allowing existing entries to continue processing, you can modify the element definition by setting an effective date and selecting the "Closed for entry" check box (Option D). This action ensures that no new element entries can be created after the specified date, but existing entries remain active and processable in payroll runs. Option A is incorrect because this requirement is achievable. Option B (end-dating the element) stops all processing, including existing entries, which does not meet the requirement. Option C (deleting and re-creating) is unnecessary and disrupts continuity. Oracle documentation confirms that "Closed for entry" is the intended mechanism for this scenario.

NEW QUESTION # 112
What is the maximum number of segments that a cost allocation key flexfield can have?

A. 0
B. 1
C. 2
D. 3
E. 4

Answer: B

NEW QUESTION # 113
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. Resubmit, Force Resubmit, and Skip
C. Skip, Retry, and Submit
D. Mark for Retry

Answer: C

NEW QUESTION # 114
......

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1Z0-1050-24 Lead2pass | New 1Z0-1050-24 Exam Pdf

Oracle 1Z0-1050-24 Exam Syllabus Topics:

High-Efficient 1Z0-1050-24 Exam Dumps: Oracle Payroll Cloud 2024 Implementation Professional and preparation materials - Exams4Collection

Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q109-Q114):

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