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1z0-1050 Oracle Payroll Cloud 2019 Implementation Essentials Exam

September 19, 2019 by admin

Exam Title: Oracle Payroll Cloud 2019 Implementation Essentials
Exam Number: 1Z0-1050
Exam Price: Rs.22,584.00 More on exam pricing
Format: Multiple Choice
Duration: 120 Minutes
Number of Questions: 74
Passing Score: 64%
Validated Against: This exam has been validated against 19B. (Previous version of this exam was validated against 18B in 2018)

Associated Certification Paths

Passing this exam is required to earn these certifications. Select each certification title below to view full requirements.

Oracle Payroll Cloud 2019 Certified Implementation Specialist

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Payroll Concepts
Describe cloud Human Resources and the cloud payroll person models
Describe legislative data groups
Describe payroll statutory units
Create payroll users and roles

Earnings and Deduction Definitions
Create an earnings or deduction element
Explain the behavior of an element
Create element entry business rules
Configure an absence element
Add eligibility rules for an element
Create rules for retroactive changes

Payroll Costing Rules
Describe the levels of a costing hierarchy
Set up a payroll cost allocation flexfield
Configure various types of costing
Perform a transfer to subledger accounting and a posting to GL

Payroll Flows
Copy a flow pattern
Edit a flow pattern
Define parameters for tasks within a flow pattern
Submit a payroll flow

Payroll and Balance Definitions
Configure a payroll definition
Configure a balance definition
Edit payment dates

Payroll Payment Details
Add company payment details
Explain how to configure a payslip report
Add third-party payment details

Employee Level Payroll Information
Add a standard earnings entry earning or deduction to an employee
Add bank account details for an employee
Enter payroll frequency details for an employee
Manage absences for an employee
Explain how to initialize payroll balances
Manage costing for a person

Calculate, Validate and Correct Payroll Processes
Describe the Payroll Checklist
Verify the results of a payroll run
Correct the payroll run details for an employee
Submit and verify the results of the payment process
Confirm the status of the payroll flow
Verify the results of the costing process
Describe how to reconcile the payroll

Question: 1
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 calculation formula with the condition so that the element is not processed when the condition is satisfied.
C. You write a validation 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.

Answer: A

Question: 2
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?

A. Remove the “Manage Personal Payment Method” privilege from the employee role, so that employees cannot create personal payment methods.
B. Create a formula to define the maximum number of payment methods allowed, ant attach it to the payroll user interface configuration user defined table.
C. Create an information element with an input value to store the maximum number of payment methods allowed.
D. It is not possible to implement this type of restriction within the application.
Answer: B

Question: 3
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.)

A. Create an Absence Calculation Card to store the absence details.
B. Create element eligibility for your absence elements.
C. Manually enter the absence units in the employees element entry.
D. Select the “Transfer absence payment Information for payroll processing”Checkbox and attach the absence element to the absence plan.

Answer: A,D

Question: 4
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?

A. Navigate to the Document of Records (DOR) and override the payslip availability date for the impacted employees.
B. Create a payroll object group for the impacted workers and enter the overriding payslip availability date when submitting the payroll run.
C. It is not possible to override the payslip availability date for a subset of workers.
D. Using the payroll time definition, override the payslip availability date for the impacted workers.

Answer: B

Question: 5
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 one organization payment method with three payments sources and define three payment method rules based on each business unit.
D. Create three organization payment methods each with a different payment source.

Answer: B,C,D

 

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