RELIABLE ORACLE 1Z0-1050-24 BRAINDUMPS, LATEST 1Z0-1050-24 TEST CAMP

Reliable Oracle 1Z0-1050-24 Braindumps, Latest 1Z0-1050-24 Test Camp

Reliable Oracle 1Z0-1050-24 Braindumps, Latest 1Z0-1050-24 Test Camp

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Oracle Reliable 1Z0-1050-24 Braindumps Reliable IT Certifications | 1Z0-1050-24: Oracle Payroll Cloud 2024 Implementation Professional

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Oracle 1Z0-1050-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 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
  • 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
  • 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.
Topic 5
  • 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.

Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q56-Q61):

NEW QUESTION # 56
You have completed the setup of third parties and third-party payment methods for your company. However, you receive a notification that one of the third-party persons to whom an employee is making payment has changed his or her bank details.
What action should you take to rectify this?

  • A. Change the bank details on the involuntary deduction card.
  • B. Correct the bank account details associated with the employee's personal payment method.
  • C. Search for the employee using the "Manage Third-Party Person Payment Methods" task and correct the bank details associated with the third-party person.
  • D. Create a new third party and attach the new bank account details.

Answer: C


NEW QUESTION # 57
You notice that the Cost Center segment, which is defined using Manage Department Costing, has not been populated for an element in the costing results.
What are two reasons for this?

  • A. There is no costing option defined for the element.
  • B. Element is at Payroll relationship level and the costing type is defined as "Costed".
  • C. The costing type on the element is defined as "Fixed Costed".
  • D. The costing type is defined as Distributed for the element.

Answer: A,D


NEW QUESTION # 58
A worker's check has been returned to the company as it is damaged. This must be recorded in the application. What action should they take?

  • A. Delete the check payment payment result.
  • B. Change the check payment status from paid to cancelled.
  • C. Rollback the prepayment process for this employee.
  • D. Change the check payment status from paid to void.

Answer: D


NEW QUESTION # 59
Which two delivered reports can be used to view the results of a payroll run immediately after running the Calculate Payroll process? (Choose two.)

  • A. Payroll Activity Report
  • B. Payroll Balance Report
  • C. Payroll Register Report
  • D. Payment Register Report

Answer: A,B


NEW QUESTION # 60
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. 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.
  • 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. You can identify a legal entity as a tax reporting unit.

Answer: A


NEW QUESTION # 61
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