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1Z0-1050-24 New Real Exam & Valid 1Z0-1050-24 Test Topics

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Oracle 1Z0-1050-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 2

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 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

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

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.

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100% Pass Quiz 2025 1Z0-1050-24: Oracle Payroll Cloud 2024 Implementation Professional Authoritative New Real Exam

These Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) practice test questions are customizable and give real Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) exam experience. Windows computers support desktop software. The web-based 1Z0-1050-24 Practice Exam is supported by all browsers and operating systems.

Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q47-Q52):

NEW QUESTION # 47
You were trying to attach the lookup that you created to an input value in order to restrict the values for that input value, but the lookup field is not enabled.
What is the reason for the lookup field not being enabled?

A. The unit of measure for the input value should be Date.
B. This is a bug in the application.
C. The unit of measure for the input value should be Character.
D. The unit of measure for the input value should be Number.

Answer: C

NEW QUESTION # 48
Your customer pays their workers on a semi-monthly payroll frequency. To save costs, the customer is changing their company policy and effective from 1st January, all workers will be paid on a monthly payroll frequency.
What action should you take to implement this change?

A. Create a new monthly payroll definition and transfer the workers from the semi-monthly payroll to the monthly payroll.
B. Create a new monthly payroll definition, and date the workers employment records associated with the semi-monthly payroll, create new employment records for the workers and associate these to the monthly payroll.
C. Navigate to the semi-monthly payroll and update the Date Paid field on the payroll time periods to reflect the new monthly payment dates.
D. Navigate to the semi-monthly payroll and update the Start and End Dates on the payroll time periods to reflect the new monthly payroll period dates.

Answer: A

NEW QUESTION # 49
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?
Response:

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

Answer: C

NEW QUESTION # 50
If the status of a task on the checklist is "On Hold", what actions can be taken against that task?
Response:

A. Resubmit, Rollback, and Skip
B. Resubmit, Force Resubmit, and Skip
C. Skip, Retry, and Submit
D. Mark for Retry

Answer: C

NEW QUESTION # 51
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. Payslips cannot be configured and must be built from the beginning.
C. Rename the seeded Payslip report and edit the content within the seeded template.
D. Modify the copy of the seeded payslip template and use it in a copy of the seeded payslip report.

Answer: C

Explanation:
In Oracle Payroll Cloud, the predefined (seeded) payslip report can be customized to meet specific customer requirements. The recommended approach is to rename the seeded Payslip report and then edit the content within the seeded template (Option C). This preserves the original seeded report while allowing modifications (e.g., layout, fields) to be made directly in the renamed version using tools like BI Publisher. Option A (editing the seeded report directly) is not advised, as it risks overwriting standard functionality during updates. Option B (copying the template and report) is a valid alternative but not the standard Oracle-recommended method for predefined reports. Option D is incorrect, as payslips are configurable and do not require building from scratch. Oracle documentation supports renaming and editing as the primary customization method.

NEW QUESTION # 52
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