EASY ACCESS TO ORACLE 1Z0-1050-24 EXAM QUESTIONS IN PDF FORMAT

Easy Access to Oracle 1Z0-1050-24 Exam Questions in PDF Format

Easy Access to Oracle 1Z0-1050-24 Exam Questions in PDF Format

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Tags: Real 1Z0-1050-24 Questions, 1Z0-1050-24 Latest Exam Test, New 1Z0-1050-24 Exam Sample, 1Z0-1050-24 Trustworthy Source, New 1Z0-1050-24 Exam Camp

The Oracle world is changing its dynamics at a fast pace. This trend also impacts the Oracle 1Z0-1050-24 certification exam topics. The new topics are added on regular basis in the Oracle 1Z0-1050-24 exam syllabus. You need to understand these updated 1Z0-1050-24 exam topics or any changes in the syllabus. It will help you to not miss a single Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) exam question in the final exam. The TrainingQuiz understands this problem and offers the perfect solution in the form of TrainingQuiz 1Z0-1050-24 updated exam questions.

Oracle 1Z0-1050-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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.
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
  • 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
  • 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 5
  • 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.

>> Real 1Z0-1050-24 Questions <<

Oracle Payroll Cloud 2024 Implementation Professional exam test & 1Z0-1050-24 test training material

Both theories of knowledge as well as practice of the questions in the 1Z0-1050-24 practice quiz will help you become more skillful when dealing with the exam. Our experts have distilled the crucial points of the exam into our 1Z0-1050-24 Training Materials by integrating all useful content into them. And you will find that it is easy to understand the content of the 1Z0-1050-24 learning guide for our experts have simplified the questions and answers.

Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q70-Q75):

NEW QUESTION # 70
You are implementing retropay. You have created a retroactive event group to tract the changes that need to be considered by the retropay process.
To which feature should the retroactive event group be associated?

  • A. Work relationship records
  • B. Element
  • C. Payroll relationship records
  • D. Payroll definition

Answer: B


NEW QUESTION # 71
Your customer is using Fusion Absences and wants to send absence information through to Fusion Global Payroll so that it can be processed. Aside from creating your absence elements and an absence plan, which two steps do you need to complete? (Choose two.)

  • A. Manually enter the absence units in the employee's element entry.
  • B. Create an Absence Calculation Card to store the absence details.
  • C. Create element eligibility for your absence elements.
  • D. Select the "Transfer absence payment information for payroll processing" checkbox and attach the absence element to the absence plan.

Answer: B,D

Explanation:
To integrate Fusion Absences with Fusion Global Payroll, additional steps beyond creating absence elements and plans are required. Option A involves selecting the "Transfer absence payment information for payroll processing" checkbox on the absence plan and linking the absence element, which enables the transfer of absence data to payroll for processing. Option D requires creating an Absence Calculation Card, which stores the absence details (e.g., dates and units) and ensures they are available for payroll calculations. Option B (manual entry of absence units) is not necessary, as the integration automates this process. Option C (element eligibility) is a standard step in element setup but not specific to the absence-to-payroll transfer process beyond initial configuration. Oracle documentation specifies these steps for seamless absence processing in payroll.


NEW QUESTION # 72
When submitting a payroll flow, who is the owner of a task if no one has been indicated within the payroll flow definition?

  • A. Any user with the Payroll Manager role
  • B. Any user with either the Payroll Administrator or Payroll Manager Role
  • C. The user that submitted the payroll flow
  • D. Any user with the Payroll Administrator role

Answer: C

Explanation:
In Oracle Payroll Cloud, if no specific owner is indicated in the payroll flow definition, the user who submits the payroll flow becomes the default owner of the tasks within that flow (Option C). This ensures accountability and visibility for the submitter, who can then monitor and manage the flow's progress. Options A, B, and D (based on roles) are incorrect because ownership defaults to the individual submitter, not a role-based group, unless explicitly overridden in the flow definition (e.g., by assigning a group or role). Oracle documentation specifies this default behavior for flow ownership.


NEW QUESTION # 73
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. Base Element and input value of Pay value
  • B. Base Element and input value of Earning Calculated
  • C. Result Element and input value of Earnings Calculated
  • D. Result Element and input value of Pay Value

Answer: C


NEW QUESTION # 74
Which statement accurately describes how you create a tax reporting unit (TRU)?

  • A. If you identify a legal entity as a payroll statutory unit, you will have the option to identify the payroll statutory unit as a tax reporting unit.
  • B. When you identify a legal entity as a payroll statutory unit, the application transfers the legal reporting units that are associated with that legal entity to HCM as tax reporting units.
  • C. When you identify a legal entity as a legal employer, the application transfers the legal reporting units that are associated with that legal employer to HCM as tax reporting units.
  • D. You can identify a legal entity as a tax reporting unit.

Answer: B


NEW QUESTION # 75
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