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

1Z0-1050-23 real exams

Exam Code: 1Z0-1050-23

Exam Name: Oracle Payroll Cloud 2023 Implementation Professional

Updated: Jul 20, 2026

Q & A: 86 Questions and Answers

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Oracle 1Z0-1050-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Implementing Payroll- Manage Payroll Processing
  • 1. Correct payroll processing errors
  • 2. Run payroll calculations
  • 3. Validate payroll results
- Define Earnings and Deductions
  • 1. Create elements and element eligibility
  • 2. Configure input values and balances
  • 3. Manage voluntary and involuntary deductions
- Explain Payroll Concepts
  • 1. Describe payroll architecture and processing concepts
  • 2. Explain payroll relationships and statutory units
  • 3. Understand payroll flow patterns
- Configure Payment Methods
  • 1. Configure payment distribution
  • 2. Set up organization payment methods
  • 3. Manage personal payment methods
- Configure Payroll Definitions
  • 1. Configure payroll periods and calendars
  • 2. Define payrolls and consolidation groups
  • 3. Set up balance definitions
- Configure Payroll Costing
  • 1. Configure cost allocation accounts
  • 2. Manage payroll costing results
  • 3. Define costing structures and rules
- Manage Payroll Flows and Reporting
  • 1. Analyze payroll balances and results
  • 2. Submit and monitor payroll flows
  • 3. Configure payroll reports

Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

1. Your customer's requirement is to pay employees within each of their three business units from a different bank account. Which three setup steps should you complete? (Choose three.)

A) Write a formula to retrieve the employees business unit details.
B) Create a Default Payer Element with a Payment Criteria input value.
C) Create three organization payment methods each with a different payment source.
D) Create one organization payment method with three payments sources and define three payment method rules based on each business unit.


2. 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) Result Element and input value of Earnings Calculated
B) Base Element and input value of Earning Calculated
C) Result Element and input value of Pay Value
D) Base Element and input value of Pay value


3. 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 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.
C) You cannot extract the costing results from cloud payroll to send it to third party financials system.
D) You can run the Payroll Costing Report to extract the costing results of a particular run.


4. Your customer is using HCM cloud Absences. Where is the absence information passed from absences to payroll held in the application?

A) User-defined tables.
B) Input values
C) Value definitions
D) Absence information is not passed from cloud absences to cloud payroll.


5. 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 Payroll, Person Element, Position, Job, Department, Payroll, Element Eligibility.
C) Element Entry, Person Element, Person Payroll, Job, Position, Department, Payroll, Element Eligibility.
D) Element Entry, Person Element, Person Payroll, Position, Job, Department, Element Eligibility, Payroll.


Solutions:

Question # 1
Answer: A,B,C
Question # 2
Answer: C
Question # 3
Answer: A,D
Question # 4
Answer: C
Question # 5
Answer: A

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