Oracle Payroll Cloud 2023 Implementation Professional : 1Z0-1050-23

1Z0-1050-23 real exams

Exam Code: 1Z0-1050-23

Exam Name: Oracle Payroll Cloud 2023 Implementation Professional

Updated: Oct 04, 2026

Q & A: 86 Questions and Answers

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Oracle 1Z0-1050-23 Exam Syllabus Topics:

SectionObjectives
Payroll Fundamentals- Payroll setup overview
  • 1. Legislative data groups
    • 2. Payroll definitions
      - Payroll concepts and lifecycle
      • 1. Payroll relationship model
        • 2. Payroll flows and processes
          Payroll Processing- Payments
          • 1. Off-cycle payments
            • 2. Payment methods and distribution
              - Payroll run cycles
              • 1. Payroll reconciliation
                • 2. Calculate payroll
                  Security and Integration- Security roles
                  • 1. Payroll security model
                    - Integration
                    • 1. Third-party payroll integration
                      • 2. HCM integration with Payroll
                        Costing and Accounting- Payroll costing setup
                        • 1. Cost allocation rules
                          • 2. Costing results review
                            Elements and Earnings/ Deductions- Balances and formulas
                            • 1. Balance definitions
                              • 2. Formula creation and validation
                                - Element configuration
                                • 1. Earnings elements setup
                                  • 2. Deduction elements setup
                                    Reporting and Compliance- Payroll reports
                                    • 1. Standard payroll reports
                                      • 2. Audit and reconciliation reports

                                        Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:

                                        Question #1

                                        Which is the correct cost hierarchy used to build each account segment?

                                        • A. Element Entry, Person Payroll, Person Element, Position, Job, Payroll, Department, Element Eligibility, Payroll.
                                        • B. Element Entry, Person Payroll, Person Element, Position, Job, Department, Payroll, Element Eligibility.
                                        • C. Element Entry, Person Element, Person Payroll, Position, Job, Department, Element Eligibility, Payroll.
                                        • D. Element Entry, Person Element, Person Payroll, Job, Position, Department, Payroll, Element Eligibility.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A  🗳️

                                        Question #2

                                        How should you configure the predefined payslip report to meet your customer's payslip requirements?

                                        • A. Open the seeded Payslip report and edit the template.
                                        • B. Payslips cannot be configured and must be built from the beginning.
                                        • C. Modify the copy of the seeded payslip template and use it in a copy of the seeded payslip report.
                                        • D. Rename the seeded Payslip report and edit the content within the seeded template.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: D  🗳️

                                        Question #3

                                        How should you change the order of the task displayed within the payroll flows checklist?

                                        • A. Amend both the sequence of the tasks on the task definition page and the task
                                        • B. Amend the task sequence on the task sequencing page.
                                        • C. Amend both the task sequence on the task sequencing page and the sequence within the edit task details page.
                                        • D. Amend the sequence of the tasks within the task definition page.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: B  🗳️

                                        Question #4

                                        You are using a third-party time product and want to import time to Fusion Payroll using the time interface.
                                        What steps should you take?

                                        • A. Import time card entries by submitting the Load Time Card process from the Time and Labor work area.
                                        • B. Import time card entries by submitting the load Time Card Batches process from the Payroll Checklist or Payroll Administration work areas
                                        • C. Import element entries using the Batch Loader task in the Payroll Administration work area.
                                        • D. Import time entries using the Batch Loader task in the Payroll Administration work area.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: B  🗳️

                                        Question #5

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

                                        • A. 30
                                        • B. 20
                                        • C. 25
                                        • D. 15
                                        • E. 10
                                        Reveal Solution  Discussion  0

                                        Correct Answer: B  🗳️

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