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Oracle 1Z0-1050-23 Exam : Oracle Payroll Cloud 2023 Implementation Professional

1Z0-1050-23 actual test
  • Exam Code: 1Z0-1050-23
  • Exam Name: Oracle Payroll Cloud 2023 Implementation Professional
  • Updated: Sep 17, 2026
  • Q & A: 86 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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Oracle 1Z0-1050-23 Exam Syllabus Topics:

SectionWeightObjectives
Global Payroll Configuration and Setup30%- Valuesets, Lookups, and Event Groups
  • 1. Creating and managing valuesets
    • 2. Setting up lookups and profile options
      - Functional Setup Manager usage
      • 1. Implementing payroll setup tasks
        • 2. Using Rapid Implementation workbook
          - Payroll Elements and Calculation Definitions
          • 1. Defining earnings, deductions, and balances
            • 2. Configuring calculation rules and formulas
              Security, Compliance and Integration20%- Security Configuration
              • 1. Defining element security profiles
                • 2. Managing data roles and access
                  - Statutory and Legislative Compliance
                  • 1. Meeting country-specific requirements
                    • 2. Applying legislative updates and rules
                      - Integrations with HCM and Time & Labor
                      • 1. Managing workforce deployment data
                        • 2. Setting up time entry and payroll integration
                          Costing, Payment and Reporting25%- Reporting and Analytics
                          • 1. Creating custom reports and extracts
                            • 2. Using delivered payroll reports
                              - Payment Processing
                              • 1. Managing bank files and transfers
                                • 2. Configuring payment methods and distributions
                                  - Payroll Costing Setup
                                  • 1. Integrating with Financials Cloud
                                    • 2. Defining costing rules and distributions
                                      Payroll Processing and Flows25%- Payroll Flow Configuration
                                      • 1. Monitoring and troubleshooting flow execution
                                        • 2. Designing and implementing payroll flows
                                          - Payroll Cycle Management
                                          • 1. Running payroll processes and validations
                                            • 2. Managing retro-pay and adjustments

                                              Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

                                              Question #1

                                              Which is the correct cost hierarchy used to build each account segment?

                                              • A. Element Entry, Person Payroll, Person Element, Position, Job, Payroll, Department, Element Eligibility, Payroll.
                                              • B. Element Entry, Person Element, Person Payroll, Position, Job, Department, Element Eligibility, Payroll.
                                              • C. Element Entry, Person Payroll, Person Element, Position, Job, Department, Payroll, Element Eligibility.
                                              • D. Element Entry, Person Element, Person Payroll, Job, Position, Department, Payroll, Element Eligibility.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A  🗳️

                                              Question #2

                                              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 Costing Real Time subject area to extract the costing results of a particular run.
                                              • B. You cannot extract the costing results from cloud payroll to send it to third party financials system.
                                              • C. You can run the Payroll Costing Report to extract the costing results of a particular run.
                                              • D. 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.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A,C  🗳️

                                              Question #3

                                              You have a requirement for not processing an element entry based on a specific condition that will be evaluated during payroll run. How should you achieve this?

                                              • A. You write a skip rule with the condition so that the element is not processed when the condition is satisfied.
                                              • B. You write a validation formula with the condition so that the element is not processed when the condition is satisfied.
                                              • C. You write a calculation formula with the condition so that the element is not processed when the condition is satisfied.
                                              • D. You cannot meet this requirement because once an element entry is created, it will be processed all the time.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A  🗳️

                                              Question #4

                                              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?

                                              • A. Manually enter the absence units in the employees 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.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: C,D  🗳️

                                              Question #5

                                              Your customer has some questions around the parameters that must be entered when running the prepayments process.
                                              From which two work areas can you access the prepayment process?

                                              • A. Accounting Distribution
                                              • B. Payment Distribution
                                              • C. Payroll Checklist
                                              • D. Payroll Calculating
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A,D  🗳️

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