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Latest [Jul 15, 2025] Realistic Verified 1Z0-1050-24 Dumps

Pass Oracle 1Z0-1050-24 Exam Updated 110 Questions

Oracle 1Z0-1050-24 Exam Syllabus Topics:

Topic Details
Topic 1
  • 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 2
  • 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 3
  • Calculating, Validating, and Correcting Payroll Processes: This section evaluates the skills of Payroll Auditors in calculating, verifying, and correcting payroll processes. It includes confirming the status of payroll flows, verifying costing results, and reconciling payroll data. These tasks are essential for ensuring payroll accuracy and compliance with organizational and legal standards.
Topic 4
  • 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 5
  • 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 6
  • 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.

 

Q20. You have a requirement to restrict the entry on an input value such that the entered value is greater than 30 but less than 50. How do you achieve this?

 
 
 
 

Q21. 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?

 
 
 
 

Q22. A customer has asked for notifications to be sent for tasks within a flow pattern. Notifications can be sent based on the statuses of the flow task. Which option should the task statuses that are supported?

 
 
 
 

Q23. You have a requirement to verify the costing results of a person in a particular payroll run.
In which three ways do you verify the costing results of a single person? (Choose three.)

 
 
 
 

Q24. A worker’s check has been returned to the company as it is damaged. This must be recorded in the application. What action should they take?

 
 
 
 

Q25. The element template has created a “Results” element for a voluntary deduction element along with the base element.
Response:

 
 
 
 

Q26. 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?

 
 
 
 

Q27. Your customer has a business requirement to only allow their employees to create one personal payment method. How should you configure this within the product?

 
 
 
 

Q28. 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?

 
 
 
 

Q29. Which statement accurately describes how you create a tax reporting unit (TRU)?

 
 
 
 

Q30. Your customer is using HCM Cloud Absence Management and wants to transfer absence information to Cloud Global Payroll so that it can be processed.
Aside from creating your absence plan, which two steps do you need to complete in Cloud Global Payroll? (Choose two.)

 
 
 
 

Q31. 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?

 
 
 
 

Q32. 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 payslip two days earlier than other workers on the weekly payroll.
What action should be taken to meet this requirement?

 
 
 
 

Q33. 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.)

 
 
 
 

Q34. You have completed the setup of third parties and third-party payment methods for your company. However, you receive a notification that one of the third-party persons to whom an employee is making payment has changed his or her bank details. What action should you take to rectify this?

 
 
 
 

Q35. In order to load balance initialization data, you may load batch headers and batch lines into HCM Cloud using which two named methods? (Choose two.)

 
 
 
 

Q36. 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?

 
 
 
 

Q37. The customer requires that a team of payroll clerks be able to view the output of a task submitted by another user. Which Owner Type should be configured against the task?

 
 
 
 

Q38. How should you configure the predefined payslip report to meet your customer’s payslip requirements?

 
 
 
 

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