Dan Scott Dan Scott's Profile Page

Dan Scott Dan Scott

0 Course Enrolled • 0 Course Completed

Biography

Valid Dumps Oracle 1Z0-1050-24 Files & 1Z0-1050-24 Free Exam Questions

Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) Practice exams (desktop and web-based) are designed solely to help you get your Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) certification on your first try. Our Oracle 1Z0-1050-24 mock test will help you understand the Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) exam inside out and you will get better marks overall. It is only because you have practical experience of the Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) exam even before the exam itself.

Oracle 1Z0-1050-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 2

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 3

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 4

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.

>> Valid Dumps Oracle 1Z0-1050-24 Files <<

1Z0-1050-24 Free Exam Questions & Reliable 1Z0-1050-24 Source

You may think choosing 1Z0-1050-24 practice materials at the first time is a little bit like taking gambles. However, you can be assured by our 1Z0-1050-24 learning quiz with free demos to take reference, and professional elites as your backup. They are a bunch of censorious elites who do not compromise on any errors happened on our 1Z0-1050-24 Training Materials. So their accuracy rate is unbelievably high and helped over 98 percent of exam candidates pass the 1Z0-1050-24 exam.

Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q38-Q43):

NEW QUESTION # 38
A worker's payroll frequency changes from weekly to monthly. What action should you take?

A. Update the weekly payroll definition and change the calendar to a weekly frequency.
B. Terminate the worker's assignment record associated to the weekly payroll. Create a new assignment record and associate it to the monthly payroll.
C. End the weekly payroll record to the worker and add a new monthly payroll record.
D. Transfer the worker from the weekly payroll to the monthly payroll.

Answer: D

NEW QUESTION # 39
You are creating a car allowance element. The rules for this allowance need to reference the salary balance. How can you meet this requirement?

A. Associate the salary balance to a calculation card and reference the calculation card in the allowance element formula.
B. Reference the database item and appropriate dimension for the salary balance in the allowance element formula.
C. Enter the salary balance value as an input value on the car allowance element.
D. Create a balance feed to feed the salary balance to the car allowance element.

Answer: B

Explanation:
In Oracle Payroll Cloud, to reference a salary balance in the rules for a car allowance element, the most direct and recommended method is to use a fast formula that references the database item (DBI) and the appropriate dimension of the salary balance (Option A). Database items provide real-time access to balance values (e.g., "Gross Earnings YTD"), and the dimension specifies the time period or scope (e.g., period-to-date, year-to-date). This approach allows the car allowance calculation to dynamically pull the salary balance without additional setup. Option B (calculation card) is not applicable, as calculation cards are for individual overrides, not balance references. Option C (balance feed) is used to feed one balance into another, not for direct formula references. Option D (manual input) is static and impractical for ongoing calculations. Oracle documentation supports using DBIs in formulas for this purpose.

NEW QUESTION # 40
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 Pay Value
B. Result Element and input value of Earnings Calculated
C. Base Element and input value of Pay value
D. Base Element and input value of Earning Calculated

Answer: B

NEW QUESTION # 41
Which two seed job roles have access to the Setup and Maintenance work area and can access all payroll setup tasks?

A. Resubmit, Force Resubmit, and Skip
B. Resubmit, Rollback, and Skip
C. Skip, Retry, and Submit
D. Mark for Retry

Answer: C

NEW QUESTION # 42
What happens if the costing process does not find a value for a segment defined as mandatory, and you create a suspense account at Payroll level?

A. Costing results are placed into suspense account.
B. Calculation displays an error, and the person's results are not costed.
C. Costing results display a blank (null) value in the segment.
D. No costing results are created for the person.

Answer: A

Explanation:
In Oracle Payroll Cloud, when a costing segment (e.g., cost center) is defined as mandatory and the costing process cannot find a value, a fallback mechanism is needed. If a suspense account is configured at the Payroll level, the costing results for that payroll run are automatically directed to the suspense account (Option A). This ensures that payroll processing completes without errors, and costs are temporarily held in the suspense account until corrected. Option B (blank value) is not allowed for mandatory segments. Option C (error stopping costing) and Option D (no results) do not occur when a suspense account exists, as it acts as a safety net. Oracle documentation confirms this behavior for handling missing mandatory cost segments.

NEW QUESTION # 43
......

We are a group of IT experts and certified trainers who write Oracle vce dumps based on the real questions. Besides, our 1Z0-1050-24 exam dumps are always checked to update to ensure the process of preparation smoothly. You can try our 1Z0-1050-24 Free Download study materials before you purchase. Please feel free to contact us if you have any questions about the 1Z0-1050-24 pass guide.

1Z0-1050-24 Free Exam Questions: https://www.passsureexam.com/1Z0-1050-24-pass4sure-exam-dumps.html

Dan Scott Dan Scott

Biography

Quick Links

Resources

Support