PASS GUARANTEED ORACLE - HIGH PASS-RATE 1Z0-1050-24 - VCE ORACLE PAYROLL CLOUD 2024 IMPLEMENTATION PROFESSIONAL EXAM SIMULATOR

Pass Guaranteed Oracle - High Pass-Rate 1Z0-1050-24 - VCE Oracle Payroll Cloud 2024 Implementation Professional Exam Simulator

Pass Guaranteed Oracle - High Pass-Rate 1Z0-1050-24 - VCE Oracle Payroll Cloud 2024 Implementation Professional Exam Simulator

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Oracle 1Z0-1050-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 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
  • 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 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.

Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q46-Q51):

NEW QUESTION # 46
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 task sequence on the task sequencing page.
  • C. Amend both the task sequence on the task sequencing page and the sequence within the edit task details page.
  • D. Amend the sequence of the tasks within the task definition page.

Answer: C


NEW QUESTION # 47
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. The weekly payroll has not been enabled for the worker's PSU.
  • C. You do not have the Manage Payroll Definition duty role.
  • D. Your data role does not include a payroll security profile that includes the weekly payroll.

Answer: C,D


NEW QUESTION # 48
Your customer's requirement is to pay employees within each of their three business units from a different bank account. Which three setup steps should you complete? (Choose three.)

  • A. Create three organization payment methods each with a different payment source.
  • B. Write a formula to retrieve the employees business unit details.
  • C. Create a Default Payer Element with a Payment Criteria input value.
  • D. Create one organization payment method with three payments sources and define three payment method rules based on each business unit.

Answer: A,C,D


NEW QUESTION # 49
How should you configure the predefined payslip report to meet your customer's payslip requirements?

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

Answer: C


NEW QUESTION # 50
A customer wants to distribute the costs of a benefits element, which is at payroll relationship level, to employee earnings.
How should you define the costing rules to meet this requirement?

  • A. Create the costing of type "Costed" and because it is a relationship level element, it automatically distributes the costs over earnings elements.
  • B. you cannot distribute the costs of an element.
  • C. Create a distribution group with earnings elements and create the distributed costing on relationship level element.
  • D. Create the costing as Fixed Costed on payroll relationship level element, because the element is at relationship level. It automatically distributes costs for earnings elements, which are at assignment level.

Answer: C


NEW QUESTION # 51
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