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Free PDF 2025 Oracle Efficient 1Z0-1050-24: Oracle Payroll Cloud 2024 Implementation Professional Reliable Test Tutorial

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Exam 1Z0-1050-24 Format, Detail 1Z0-1050-24 Explanation

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Oracle 1Z0-1050-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 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

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.

Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q47-Q52):

NEW QUESTION # 47
Your customer is using HCM Cloud Absence Management and wants to transfer absence information to Cloud Global Payroll so that it can be processed. Aside from creating your absence plan, which two steps do you need to complete in Cloud Global Payroll? (Choose two.)

A. Create your absence elements
B. Create element eligibility for each absence element
C. Create an Absence Calculation Card to store the absence details
D. Manually enter the absence units in the employees' element entry

Answer: A,B

Explanation:
Comprehensive and Detailed in Depth Explanation:
To transfer absence information from HCM Cloud Absence Management to Cloud Global Payroll, two key steps in Payroll are required: (1) "Create your absence elements" (D) to define the payroll elements linked to absence types, and (2) "Create element eligibility for each absence element" (B) to specify which employees qualify for these elements. Option A (Absence Calculation Card) is not a payroll component, and Option C (manual entry) is unnecessary as the integration automates data transfer via input values. This is detailed in the "Absence Integration with Payroll" section.

NEW QUESTION # 48
You have an earnings element with the latest entry date as "Last Standard Earning Date" without Proation enabled.
When an employee is terminated in the middle of a pay period, how would the element be processed?

A. The element gets processed with zero value and a warning message is displayed.
B. The element gets processed with full value.
C. The element gets processed with prorated value.
D. The element does not get processed with because it gets end dated before the standard earning date and proratio is not enabled on this element.

Answer: C

NEW QUESTION # 49
What is the maximum number of segments that a cost allocation key flexfield can have?

A. 0
B. 1
C. 2
D. 3
E. 4

Answer: C

NEW QUESTION # 50
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. Value definitions
C. Absence information is not passed from
D. Input values
E. Cloud absences to Cloud Payroll

Answer: D

Explanation:
Comprehensive and Detailed in Depth Explanation:
In Oracle Payroll Cloud, absence information from HCM Cloud Absences is passed to payroll and stored in the "Input Values" of absence-related elements. These input values (e.g., absence hours or days) are linked to payroll elements and processed during the payroll run. Option A is vague and not a specific location, Option B is incorrect as absence data is indeed passed, Option C (user-defined tables) is not used for this integration, and Option E (value definitions) defines structure, not data storage. This integration is detailed in the "Absence and Payroll Integration" section.

NEW QUESTION # 51
Your customer is using a third-party time product. You have created elements using the time category and now need to import time card hours into Cloud Payroll. How can you meet this requirement?

A. Use the Load Time Card process to import time entries into Cloud Time and Labour, and then use the batch loader task to import time element entries into Cloud Payroll.
B. Use the Load Time Card process to import time entries into Cloud Payroll.
C. It is not possible to load time directly from a third-party time product into Cloud Payroll.
D. Use the batch loader task to import time element entries into Cloud Payroll.

Answer: B

Explanation:
Comprehensive and Detailed in Depth Explanation:
Oracle Payroll Cloud supports importing time card hours from third-party time products directly into payroll using the "Load Time Card" process. This process maps time entries to payroll elements (created with the time category) and integrates them into the payroll calculation. Option B introduces an unnecessary step via Cloud Time and Labour, which is not required for direct payroll integration. Option C is incorrect, as this integration is supported, and Option D (batch loader) is less specific and not the primary method for time imports. The Oracle documentation details this under "Integrating with Third-Party Time Systems."

NEW QUESTION # 52
......

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