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1Z0-1050-24 Valid Dumps Ppt, 1Z0-1050-24 Latest Dumps Book

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Oracle 1Z0-1050-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 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

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 4

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.

Topic 5

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 6

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.

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Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q108-Q113):

NEW QUESTION # 108
You are a payroll customer but when you have created an earnings element using the Manage Elements feature it has not created a pay value input value.
What is the reason for this?

A. The selected extension in Manage Features by Country or Territory was set to "Payroll Interface".
B. The selected extension in Manage Features by Country or Territory was set to "Human Resources or None".
C. The earnings element template always creates "Pay Value" as the input value.
D. The selected extension in Manage Features by Country or Territory was set to "Payroll".

Answer: B

NEW QUESTION # 109
You are using a third-party time product and want to import time to Fusion Payroll using the time interface.
What steps should you take?

A. Import time card entries by submitting the Load Time Card process from the Time and Labor work area.
B. Import element entries using the Batch Loader task in the Payroll Administration work area.
C. Import time card entries by submitting the load Time Card Batches process from the Payroll Checklist or Payroll Administration work areas
D. Import time entries using the Batch Loader task in the Payroll Administration work area.

Answer: C

NEW QUESTION # 110
If you encounter errors after transferring the batch using the Load Initial Balances process, what must you do?

A. Correct the errors, delete the batch, create a new batch, validate and transfer the batch again.
B. Correct the errors, create a new batch, validate ant transfer the batch again.
C. Undo the batch, correct the errors, validate and transfer the batch again.
D. Perform a rollback, correct the errors, create a new batch, validate and transfer the batch again.

Answer: C

NEW QUESTION # 111
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. Change the effective date to the required date and select the "Closed for entry" check box.
B. You cannot achieve this requirement because you need to continue the existing element entries.
C. Delete the element definition and re-create it with a different effective date.
D. End date the element definition.

Answer: A

NEW QUESTION # 112
When a customer runs a payroll, it creates payroll run actions for all workers included in the process.
On which employment record are the process actions created?

A. Payroll Relationship only
B. Assignment, Work Relationship
C. Assignment, Payroll Relationship
D. Assignment only

Answer: A

NEW QUESTION # 113
......

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