Oracle 1Z0-1050-23 Exam - Free questions
Oracle Payroll Cloud 2023 Implementation Professional
1Z0-1050-23 Free questions:
Here you can find Oracle Payroll Cloud 2023 Implementation Professional exam free sample questions which will help you to prepare for your upcoming certification test. These questions will give you an idea of what to expect on the exam and help you review the 1Z0-1050-23 study material.
These 1Z0-1050-23 questions are updated regularly, so you can be confident that you're studying with the most up-to-date information available. We also provide answer keys so that students can check their work.
Additionally, going through Oracle Payroll Cloud 2023 Implementation Professional practice questions can help you identify any areas where you need more review. Taking advantage of our 1Z0-1050-23 demo questions is a great way to set yourself up for success on the real thing.
Question No. 1) 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) Payroll Checklist
B) Payment Distribution
C) Accounting Distribution
D) Payroll Calculating
Question No. 2) Where do you define a custom schedule to be used during payroll flow submission?
A) Within Manage Flow Patterns, create a custom schedule and associate it with the flow pattern.
B) Within Manage Fast Formula, create a formula that defines the required schedule.
C) Within Manage Time Definitions, create a schedule using the type “Time Span”.
D) Within Manage Run Types, create a schedule of the category “Normal”.
Question No. 3) The element template has created a “Results” element for a voluntary deduction element along with the base element. What is needed to be created for each employee that is eligible for deduction?
A) Distributor element
B) Calculator element
C) Results element
D) Base element
Question No. 4) How should you configure the predefined pay slip report to meet your customer’s pay slip requirements?
A) Pay slips cannot be configured and must be built from the beginning.
B) Modify the copy of the seeded pay slip template and use it in a copy of the seeded pay slip report.
C) Open the seeded Pay slip report and edit the template.
D) Rename the seeded Pay slip report and edit the content within the seeded template.
Question No. 5) When submitting a payroll flow, who is the owner of a task if no one has been indicated within the payroll flow definition?
A) The user that submitted the payroll flow
B) Any user with the Payroll Administrator role
C) Any user with the Payroll Manager role
D) Any user with either the Payroll Administrator or Payroll Manager Role
Question No. 6) As a general rule when costing an element created with a primary classification of standard earnings, what element and input value do you cost?
A) Result Element and input value of Earnings Calculated
B) Base Element and input value of Pay value
C) Base Element and input value of Earning Calculated
D) Result Element and input value of Pay Value
Question No. 7) Where would a payroll flow task retrieve its parameter information when selecting “Bind to Flow Parameter”?
A) Derives the value from the output of the previous task
B) Derives the value from one of the flow pattern parameter values
C) Derives the value from one of the task parameter values
D) Derives the value from the context of the current flow instance
Question No. 8) 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) Ensure you run the prepayments process separately for your employees and your third parties.
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) Write a formula to select the correct bank account for employees and third parties.
D) Create two personal payment methods for each of your employees: one for their salary payments and one for their third-party payments.
Question No. 9) When a customer runs a payroll, it creates payroll run actions for all workers included in the process. On which employment record are the process actions created?
A) Payroll Relationship only
B) Assignment, Work Relationship
C) Assignment only
D) Assignment, Payroll Relationship
Question No. 10) You have a tax deduction element that credits the same account for all employees irrespective of their home department. How do you define the costing rules to meet this requirement?
A) You cannot meet this requirement because the costs are automatically apportioned to the respective departments.
B) You create the costing with distributed option.
C) You create the costing with “Costed” option on tax element.
D) You create Fixed Costing on tax deduction element.
Question No. 11) Your customer is running their weekly payroll, which includes a number of high-performing workers, who will be receiving a bonus. They want these workers to be able to view their pay slip two days earlier than other workers on the weekly payroll. What action should be taken to meet this requirement?
A) Navigate to the Document of Records (DOR) and override the pay slip availability date for the impacted employees.
B) Create a payroll object group for the impacted workers and enter the overriding pay slip availability date when submitting the payroll run.
C) It is not possible to override the pay slip availability date for a subset of workers.
D) Using the payroll time definition, override the pay slip availability date for the impacted workers.
Question No. 12) You need to associate a worker to your customer’s weekly payroll but the payroll field only displays values for the monthly and by-weekly payrolls. Which two issues are the source of problem? (Choose two.)
A) The weekly payroll has not been created in the worker’s legislative data group.
B) Your data role does not include a payroll security profile that includes the weekly payroll.
C) You do not have the Manage Payroll Definition duty role.
D) The weekly payroll has not been enabled for the worker’s PSU.
Question No. 13) You are currently reconciling a payroll run and are informed of a late starter who you would like included in the payments part of the main processing flow. Which feature should you use to achieve this?
A) Connecting Flows
B) Calling a Flow
C) Flow Linkage
D) Flow Interaction
Question No. 14) 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 legal employer structure.
D) It depends on the customer’s payroll statutory unit and tax reporting structure.
Question No. 15) You are using a third-party time product and want to import time to Fusion Payroll using the time interface. What steps should you take?
A) Import time card entries by submitting the load Time Card Batches process from the Payroll Checklist or Payroll Administration work areas
B) Import time entries using the Batch Loader task in the Payroll Administration work area.
C) Import time card entries by submitting the Load Time Card process from the Time and Labor work area.
D) Import element entries using the Batch Loader task in the Payroll Administration work area.
Question No. 16) You want to define your own rules for converting a rate value from one periodicity to another, such as from weekly to annual. How can you achieve this?
A) Create an additional input value, calculate the converted value outside the system, and enter it while creating an element entry.
B) Define your own Periodicity Conversion Rule and select it while creating the element.
C) You cannot define your own rules for converting from one periodicity to another.
D) Define an indirect element, write a fast formula to convert the processed value and create the result for an indirect element.
Question No. 17) A worker’s payroll frequency changes from weekly to monthly. What action should you take?
A) Terminate the worker’s assignment record associated to the weekly payroll. Create a new assignment record and associate it to the monthly payroll.
B) Transfer the worker from the weekly payroll to the monthly payroll.
C) End the weekly payroll record to the worker and add a new monthly payroll record.
D) Update the weekly payroll definition and change the calendar to a weekly frequency.
Question No. 18) You are implementing retro pay. You have created a retroactive event group to tract the changes that need to be considered by the retro pay process. To which feature should the retroactive event group be associated?
B) Payroll relationship records
C) Payroll definition
D) Work relationship records
Question No. 19) What is the maximum number of segments that a cost allocation key flex field can have?
Question No. 20) Your customer is using a third-party time product. You have created elements using the time category and now need to import time card hours into cloud payroll. How can you meet this requirement?
A) Use the batch Loader task to import time element entries into cloud payroll.
B) Use the Load Time Card process to import time entries into cloud payroll.
C) It is not possible to load time directly from a third-party time product into cloud payroll.
D) Use the Load Time Card process to import time entries into cloud Time and Labor, and then use the batch loader task to import time element entries into cloud payroll.
Question No. 21) Your customer’s bonus payments are based on a percentage of salary. Therefore, salary must be calculated before bonus in the payroll run. How do you determine the element processing sequence within a payroll run?
A) Use the default priority of the primary classification of the element.
B) Set the priority of the element on the element definition page.
C) Set the effective process priority within the element entries page.
D) Alter the sequence of the elements on the element entries page.
Question No. 22) Your customer is using Fusion Absences and wants to send absence information through to Fusion Global Payroll so that it can be proceed. Aside from creating your absence elements and an absence plan, which two steps do you need to complete? (Choose two.)
A) Create an Absence Calculation Card to store the absence details.
B) Create element eligibility for your absence elements.
C) Manually enter the absence units in the employees element entry.
D) Select the “Transfer absence payment Information for payroll processing "Checkbox and attach the absence element to the absence plan.
Question No. 23) 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) They won’t receive payment until they have created a personal payment method.
C) A cash payment request will be sent to accounts payable, and the employee will be paid in cash.
D) The payment process will error and they will not receive payment for the month of January.
Question No. 24) Which status should you select for your flow pattern so it is available under “Submit a Payroll Flow”?
A) Active. Payroll Flow
B) Active. Process of Report
C) Active. Flow Pattern Submission
D) Active. Process. Report, or Payroll Flow
Question No. 25) 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 Data Validation Report
B) Payroll Balance Report
C) Balance Exception Report
D) Payroll Activity Report