QUIZ ACCURATE ORACLE - 1Z0-1050-24 - PASS ORACLE PAYROLL CLOUD 2024 IMPLEMENTATION PROFESSIONAL TEST

Quiz Accurate Oracle - 1Z0-1050-24 - Pass Oracle Payroll Cloud 2024 Implementation Professional Test

Quiz Accurate Oracle - 1Z0-1050-24 - Pass Oracle Payroll Cloud 2024 Implementation Professional Test

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Almost everyone is trying to get the Oracle 1Z0-1050-24 certification to update their CV or get the desired job. Every student faces just one problem and that is not finding updated study material. Applicants are always confused about where to copyright Oracle 1Z0-1050-24 Dumps Questions and prepare for the Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) exam in less time. Nowadays everyone is interested in getting the Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) certificate because it has multiple benefits for Oracle career.

Oracle 1Z0-1050-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 2
  • 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.
Topic 3
  • 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 4
  • 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.

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Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q50-Q55):

NEW QUESTION # 50
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 # 51
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 display a blank (null) value in the segment.
  • B. No costing results are created for the person.
  • C. Costing results are placed into suspense account.
  • D. Calculation displays an error, and the person's results are not costed.

Answer: C

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 # 52
Your customer is using HCM cloud Absences. Where is the absence information passed from absences to payroll held in the application?

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

Answer: D


NEW QUESTION # 53
An element is defined with costing type as "Fixed Costing". Which costing levels are considered while building cost account?
Response:

  • A. Payroll, Element Eligibility, Department, Element Entry
  • B. Payroll, Person Element Entry, Department, Job or Position, Person, Element Eligibility
  • C. Payroll, Department, Element Eligibility
  • D. Payroll, Element Eligibility, Element Entry

Answer: D


NEW QUESTION # 54
A customer's organization has a grade structure with four grades - C1, C2, C3, and C4. You have a car allowance element, which is art Assignment level, for which only the employees with grade C3 and C4 are eligible. You should not be able to create an element entry for employees with grades C1 and C2.
How do you define the element eligibility for Car Allowance element?

  • A. Define multiple element eligibilities using grade C3 and C4.
  • B. Define the element eligibility as an Open Eligibility and create an element entry only for employees with grades C3 and C4.
  • C. You cannot meet the requirement as you cannot create element eligibility using grade as the eligibility criteria.
  • D. Define multiple element eligibilities using grade C1, C2, C3, and C4, but create an element entry only for employees with grades C3 and C4.

Answer: B


NEW QUESTION # 55
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