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Oracle 1Z0-1050-23 Exam Syllabus Topics:

Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

1. 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) Define an indirect element, write a fast formula to convert the processed value and create the result for an indirect element.
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) Create an additional input value, calculate the converted value outside the system, and enter it while creating an element entry.

2. Which costing levels can you enter for an offset account?

A) Job
B) Element Eligibility
C) Department
D) Position

3. Your customer has the financial system in a third party system and you have to send the payroll costing entries to a third party system. Which two options should be used to extract the data from Cloud Payroll system?

A) You can use the OTBI - Payroll Run Results Real Time subject area to extract the costing results of a particular run, because payroll costing is part of payroll run.
B) You can run the Payroll Costing Report to extract the costing results of a particular run.
C) You cannot extract the costing results from cloud payroll to send it to third party financials system.
D) You can use the OTBI - Payroll Run Costing Real Time subject area to extract the costing results of a particular run.

4. You notice that the Cost Center segment, which is defined using Manage Department Costing, has not been populated for an element in the costing results.
What are two reasons for this?

A) The costing type on the element is defined as "Fixed Costed".
B) Element is at Payroll relationship level and the costing type is defined as "Costed".
C) The costing type is defined as Distributed for the element.
D) There is no costing option defined for the element.

5. A worker's payroll frequency changes from weekly to monthly. What action should you take?

A) End the weekly payroll record to the worker and add a new monthly payroll record.
B) Terminate the worker's assignment record associated to the weekly payroll. Create a new assignment record and associate it to the monthly payroll.
C) Transfer the worker from the weekly payroll to the monthly payroll.
D) Update the weekly payroll definition and change the calendar to a weekly frequency.

Solutions: