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High-quality Exam 1Z0-1050-24 Reference Offers Candidates Free-download Actual Oracle Oracle Payroll Cloud 2024 Implementation Professional Exam Products

Hundreds of applicants who register themselves for the Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) certification exam, lack updated practice test questions to prepare successfully in a short time. As a result of which, they don't crack the Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) examination which causes a loss of time and money and sometimes loss of the encouragement to take the test for the second time. ActualPDF can save you from facing these issues with its real Oracle 1Z0-1050-24 Exam Questions.

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

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.

Topic 3

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 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.

Topic 5

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 6

Managing Employee Level Payroll Information: This section measures the expertise of HR Payroll Coordinators in managing employee-specific payroll data. It includes adding element entries, bank account details, and payroll frequency details for employees. Additionally, it covers managing absences, initializing payroll balances, and ensuring accurate costing for individuals.

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In today's competitive technology sector, the Oracle 1Z0-1050-24 certification is a vital credential. Many applicants, however, struggle to obtain up-to-date and genuine Oracle 1Z0-1050-24 exam questions in order to successfully prepare for the exam. If you find yourself in this circumstance, don't worry since ActualPDF has you covered with their real Oracle 1Z0-1050-24 Exam Questions. Let's look at the characteristics of these Oracle Oracle Payroll Cloud 2024 Implementation Professional test Questions and how they can help you pass the Oracle 1Z0-1050-24 certification exam on the first try.

Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q51-Q56):

NEW QUESTION # 51
You have a requirement to verify the costing results, such as debit and credit, of a particular payroll run at costing segments combination level, without manually adding the individual costing results.
Which two options achieve this requirement?

A. You can use the OTBI - Payroll Run Costing Real Time subject area.
B. You cannot achieve this requirement.
C. Run the Payroll Costing Report in Summary scope.
D. Run the Payroll Activity Report in Detail scope.

Answer: A,C

NEW QUESTION # 52
You have a requirement to stop the new entries from being created for an element and to continue the existing entries. How do you achieve this?

A. Delete the element definition and re-create it with a different effective date.
B. You cannot achieve this requirement because you need to continue the existing element entries.
C. End date the element definition.
D. Change the effective date to the required date and select the "Closed for entry" check box.

Answer: D

Explanation:
In Oracle Payroll Cloud, to prevent new entries for an element while allowing existing entries to continue processing, you can modify the element definition by setting an effective date and selecting the "Closed for entry" check box (Option D). This action ensures that no new element entries can be created after the specified date, but existing entries remain active and processable in payroll runs. Option A is incorrect because this requirement is achievable. Option B (end-dating the element) stops all processing, including existing entries, which does not meet the requirement. Option C (deleting and re-creating) is unnecessary and disrupts continuity. Oracle documentation confirms that "Closed for entry" is the intended mechanism for this scenario.

NEW QUESTION # 53
Where would a payroll flow task retrieve its parameter information when selecting "Bind to Flow Parameter"?

A. Derives the value from one of the flow pattern parameter values
B. Derives the value from the output of the previous task
C. Derives the value from the context of the current flow instance
D. Derives the value from one of the task parameter values

Answer: A

NEW QUESTION # 54
A worker's payroll frequency changes from weekly to monthly. What action should you take?

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

Answer: D

Explanation:
In Oracle Payroll Cloud, when a worker's payroll frequency changes (e.g., from weekly to monthly), the simplest and recommended action is to transfer the worker from the weekly payroll to the monthly payroll (Option B). This is done via the "Manage Payroll Relationships" task, where you update the payroll assignment to point to the new payroll definition, effective from the desired date. Option A (terminate and create a new assignment) is overly complex and disrupts continuity of employment records. Option C (update payroll definition) is incorrect, as it alters the payroll for all workers, not just one. Option D (end and add payroll record) is not a precise description of the process, as payroll records are not ended individually; the transfer handles this seamlessly. Oracle documentation outlines payroll transfers for frequency changes.

NEW QUESTION # 55
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. It is not possible to override the payslip availability date for a subset of workers.
C. Using the payroll time definition, override the payslip availability date for the impacted workers.
D. Create a payroll object group for the impacted workers and enter the overriding payslip availability date when submitting the payroll run.

Answer: D

NEW QUESTION # 56
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