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Oracle 1Z0-1050-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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 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	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 4	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 5	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 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.

Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q34-Q39):

NEW QUESTION # 34
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. You cannot achieve this requirement because you need to continue the existing element entries.
B. Delete the element definition and re-create it with a different effective date.
C. Change the effective date to the required date and select the "Closed for entry" check box.
D. End date the element definition.

Answer: C

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 # 35
Your customer has some questions around the parameters that must be entered when running the prepayments process. From which two work areas can you access the prepayment process? (Choose two.)

A. Payment Distribution
B. Accounting Distribution
C. Payroll Calculating
D. Payroll Checklist

Answer: A,D

Explanation:
In Oracle Payroll Cloud, the Prepayments process prepares payroll data for payment distribution and can be accessed from two key work areas: Payment Distribution (Option A) and Payroll Checklist (Option D). The Payment Distribution work area allows users to submit the prepayments process directly as part of managing payment methods and distributions. The Payroll Checklist work area provides a task-based interface where prepayments can be scheduled or submitted as part of a payroll flow. Option B (Accounting Distribution) is related to costing, not prepayments. Option C (Payroll Calculating) is a typo or misnomer; the correct area is "Payroll Calculation," but prepayments are not accessed from there-it's for calculation processes like Calculate Payroll. Oracle documentation confirms these access points.

NEW QUESTION # 36
Your customer is using HCM Cloud Absences. Where is the absence information passed from absences to payroll held in the application?

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

Answer: B

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 # 37
How should you configure the predefined payslip report to meet your customer's payslip requirements?

A. Modify the copy of the seeded payslip template and use it in a copy of the seeded payslip report.
B. Open the seeded Payslip report and edit the template.
C. Payslips cannot be configured and must be built from the beginning.
D. Rename the seeded Payslip report and edit the content within the seeded template.

Answer: D

NEW QUESTION # 38
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 marks a legislation in which payroll is processed.
D. An LDG can be associated to multiple cost allocation key flexfield structures.

Answer: D

NEW QUESTION # 39
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Reliable 1Z0-1050-24 Test Price & New 1Z0-1050-24 Test Review

Download the Oracle 1Z0-1050-24 Exam Dumps Now

Oracle 1Z0-1050-24 Exam Syllabus Topics:

Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q34-Q39):

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