Oracle 1Z0-1050-23

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Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

1. You are creating a custom balance that needs to include run results of all elements associated with the regular earnings and supplemental earnings classifications.
How should you define the balance feeds to meet this requirement?

A) Create balance feeds for each element belonging to regular earnings and supplemental earnings classifications.
B) This requirement cannot be met because a balance cannot be fed by elements from more than one element classification.
C) Create balance feeds for each element belonging to regular earnings and supplemental earnings classifications but ensure the number of feeds does not exceed 250.
D) Create a balance feed for the regular earnings classification and a balance feed for the supplemental earnings classification.

2. Which statement accurately describes how you create a tax reporting unit (TRU)?

A) When you identify a legal entity as a payroll statutory unit, the application transfers the legal reporting units that are associated with that legal entity to HCM as tax reporting units.
B) You can identify a legal entity as a tax reporting unit.
C) When you identify a legal entity as a legal employer, the application transfers the legal reporting units that are associated with that legal employer to HCM as tax reporting units.
D) If you identify a legal entity as a payroll statutory unit, you will have the option to identify the payroll statutory unit as a tax reporting unit.

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

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

5. Which two statements regarding the relationship between legal entities, legal employers, and payroll statutory units (PSU) are correct?

A) Legal employers are legal entities responsible for paying workers.
B) A legal employer can be associated with multiple PSUs.
C) A legal entity cannot be both a legal employee and a PSU.
D) PSUs are legal entities responsible for payroll tax and social insurance reporting.

Solutions: