[May-2025] Verified Oracle 1Z0-1050-24 Bundle Real Exam Dumps PDF
1Z0-1050-24 Dumps PDF New [2025] Ultimate Study Guide
NEW QUESTION # 23
Which option represents the costing hierarchy necessary to build a cost account when the element costing is defined with costing type as "Costed"?
- A. Payroll, Element Eligibility, Department, Job, Position, Person Person Element, Element Entry
- B. Payroll, Department, Job or Position, Element Eligibility, Person, Element Entry
- C. Payroll, Person Element Entry, Department, Job or Position, Person, Element Eligibility
- D. Element Eligibility, Payroll, Department, Job or Position, Person, Element Entry
Answer: A
NEW QUESTION # 24
There are several flows showing on the payroll dashboard that are incomplete. What action should be taken to complete the flow and remove it from showing on the dashboard?
- A. From the Payroll Calculation Work Area, highlight the flow and select the skip all tasks action.
- B. From the Payroll Calculation Work Area, highlight the flow and select the delete flow action.
- C. From the Payroll Calculation Work Area, highlight the flow and select the complete flow action.
- D. From the Payroll Calculation Work Area, highlight the flow and select the rollback all tasks action.
Answer: D
NEW QUESTION # 25
Where would a payroll flow task retrieve its parameter information when selecting "Bind to Flow Task Parameter"?
- A. Derives the value from the context of the current flow instance
- B. Derives the value from the output of the previous task
- C. Derives a specific value to the parameter as entered by the user
- D. Derives the value from a SQL Bind
Answer: B
NEW QUESTION # 26
You are a payroll customer but when you have created an earnings element using the Manage Elements feature it has not created a pay value input value.
What is the reason for this?
- A. The selected extension in Manage Features by Country or Territory was set to "Human Resources or None".
- B. The selected extension in Manage Features by Country or Territory was set to "Payroll".
- C. The earnings element template always creates "Pay Value" as the input value.
- D. The selected extension in Manage Features by Country or Territory was set to "Payroll Interface".
Answer: A
NEW QUESTION # 27
How should you configure the predefined payslip report to meet your customer's payslip requirements?
- A. Modify the copy of the seeded payslip template and use it in a copy of the seeded payslip report.
- B. Open the seeded Payslip report and edit the template.
- C. Payslips cannot be configured and must be built from the beginning.
- D. Rename the seeded Payslip report and edit the content within the seeded template.
Answer: D
NEW QUESTION # 28
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.
Answer: D
NEW QUESTION # 29
Your customer has the financial system in a third party system and you have to send the payroll costing entries to a third party system. Which two options should be used to extract the data from Cloud Payroll system?
- A. You cannot extract the costing results from cloud payroll to send it to third party financials system.
- B. You can use the OTBI - Payroll Run Results Real Time subject area to extract the costing results of a particular run, because payroll costing is part of payroll run.
- C. You can run the Payroll Costing Report to extract the costing results of a particular run.
- D. You can use the OTBI - Payroll Run Costing Real Time subject area to extract the costing results of a particular run.
Answer: C,D
NEW QUESTION # 30
Which is the correct cost hierarchy used to build each account segment?
- A. Element Entry, Person Element, Person Payroll, Position, Job, Department, Element Eligibility, Payroll.
- B. Element Entry, Person Payroll, Person Element, Position, Job, Payroll, Department, Element Eligibility, Payroll.
- C. Element Entry, Person Element, Person Payroll, Job, Position, Department, Payroll, Element Eligibility.
- D. Element Entry, Person Payroll, Person Element, Position, Job, Department, Payroll, Element Eligibility.
Answer: A
NEW QUESTION # 31
You are testing the retropay process and enter a retrospective bonus entry for a worker. The bonus is calculated based on a percentage of the worker's salary. When you review the results of the retropay process you identify the bonus has not been included.
Identify two reasons why this is happening. (Choose two.)
- A. Retropay has not been enabled on the bonus element.
- B. Element entry changes are not included in the retroactive event group.
- C. Retropay has not been enabled on the salary element.
- D. Bonus element changes are not included in the retroactive event group.
Answer: A,B
NEW QUESTION # 32
The element template has created a "Results" element for a voluntary deduction element along with the base element. Which element is referenced here?
- A. Results element
- B. Base element
- C. Distributor element
- D. Calculator element
Answer: A
Explanation:
Comprehensive and Detailed in Depth Explanation:
In Oracle Payroll Cloud, when an element template is used to create a voluntary deduction element, it generates multiple related elements, including a "Base" element and a "Results" element. The "Results" element specifically stores the outcome of the payroll calculation for that deduction (e.g., the amount deducted). The question highlights that a "Results" element is created alongside the base element, making "Results element" (D) the correct reference. The "Distributor element" (A) and "Calculator element" (C) are not standard outputs of a voluntary deduction template, while "Base element" (B) is a separate component. This is explained in the Oracle documentation under "Element Templates and Results."
NEW QUESTION # 33
Your customer has a business requirement to only allow their employees to create one personal payment method. How should you configure this within the product?
- A. Remove the "Manage Personal Payment Method" privilege from the employee role, so that employees cannot create personal payment methods.
- B. It is not possible to implement this type of restriction within the application.
- C. Create a formula to define the maximum number of payment methods allowed, ant attach it to the payroll user interface configuration user defined table.
- D. Create an information element with an input value to store the maximum number of payment methods allowed.
Answer: C
NEW QUESTION # 34
When submitting a payroll flow, who is the owner of a task if no one has been indicated within the payroll flow definition?
- A. The user that submitted the payroll flow
- B. Any user with either the Payroll Administrator or Payroll Manager Role
- C. Any user with the Payroll Manager role
- D. Any user with the Payroll Administrator role
Answer: A
NEW QUESTION # 35
There are several flows showing on the payroll dashboard that are incomplete. What action should be taken to complete the flow and remove it from showing on the dashboard?
- A. From the Payroll Calculation Work Area, highlight the flow and select the skip all tasks action.
- B. From the Payroll Calculation Work Area, highlight the flow and select the delete flow action.
- C. From the Payroll Calculation Work Area, highlight the flow and select the complete flow action.
- D. From the Payroll Calculation Work Area, highlight the flow and select the rollback all tasks action.
Answer: D
Explanation:
In Oracle Payroll Cloud, incomplete flows on the payroll dashboard indicate that a payroll process (e.g., Calculate Payroll) has not fully completed due to errors or interruptions. To resolve this and remove the flow from the dashboard, the recommended action is to rollback all tasks from the Payroll Calculation Work Area (Option B). Rolling back the tasks reverses the incomplete process, allowing users to address any issues (e.g., data errors) and resubmit the flow. Option A (skip all tasks) does not resolve the underlying issue and leaves the flow incomplete. Option C (complete flow action) is not a valid action for an incomplete flow, as completion requires successful task execution. Option D (delete flow action) is not applicable, as flows cannot be arbitrarily deleted from the dashboard without proper resolution. The rollback action ensures data integrity and is the standard approach per Oracle documentation.
NEW QUESTION # 36
You have run the payroll process and need to validate and audit the run results before moving on to processing the payment. Which report helps you in diagnosing the results?
- A. Payroll Activity Report
- B. Payroll Data Validation Report
- C. Balance Exception Report
- D. Payroll Balance Report
Answer: A
Explanation:
Comprehensive and Detailed in Depth Explanation:
The "Payroll Activity Report" is the primary tool in Oracle Payroll Cloud for validating and auditing payroll run results. This report provides a detailed breakdown of the payroll process, including earnings, deductions, taxes, and any errors or warnings encountered during the run. It is designed to help payroll administrators diagnose issues before finalizing payments. The "Balance Exception Report" (A) focuses on identifying discrepancies in balances, the "Payroll Balance Report" (B) summarizes balance totals rather than detailed diagnostics, and the "Payroll Data Validation Report" (D) is used for data setup validation, not run result auditing. The Oracle documentation highlights the Payroll Activity Report's role in the "Reviewing Payroll Results" section.
NEW QUESTION # 37
Your customer has some questions around the parameters that must be entered when running the prepayments process. From which two work areas can you access the prepayment process? (Choose two.)
- A. Payment Distribution
- B. Payroll Checklist
- C. Accounting Distribution
- D. Payroll Calculating
Answer: A,B
Explanation:
In Oracle Payroll Cloud, the Prepayments process prepares payroll data for payment distribution and can be accessed from two key work areas: Payment Distribution (Option A) and Payroll Checklist (Option D). The Payment Distribution work area allows users to submit the prepayments process directly as part of managing payment methods and distributions. The Payroll Checklist work area provides a task-based interface where prepayments can be scheduled or submitted as part of a payroll flow. Option B (Accounting Distribution) is related to costing, not prepayments. Option C (Payroll Calculating) is a typo or misnomer; the correct area is "Payroll Calculation," but prepayments are not accessed from there-it's for calculation processes like Calculate Payroll. Oracle documentation confirms these access points.
NEW QUESTION # 38
If the status of a task on the checklist is "On Hold", what actions can be taken against that task?
Response:
- A. Mark for Retry
- B. Resubmit, Rollback, and Skip
- C. Resubmit, Force Resubmit, and Skip
- D. Skip, Retry, and Submit
Answer: D
NEW QUESTION # 39
Whilst testing the payroll ran, five workers went into error status. The remaining 10,000 workers completed successfully. You have reviewed and corrected the underlying issues for the five workers and now need to correct their payroll results.
What action should you take?
- A. Manually update the payroll run status for each worker from error to complete.
- B. Process Payroll
- C. Rollback the payroll run and reprocess
- D. Mark erred workers for retry and retry the payroll.
Answer: D
NEW QUESTION # 40
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. Create a new third party and attach the new bank account details.
- 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. Correct the bank account details associated with the employee's personal payment method.
Answer: C
NEW QUESTION # 41
Your customer pays their workers on a semi-monthly payroll frequency. To save costs, the customer is changing their company policy and, effective from 1st January, all workers will be paid on a monthly payroll frequency. What action should you take to implement this change?
- A. Create a new monthly payroll definition and transfer the workers from the semi-monthly payroll to the monthly payroll.
- B. Navigate to the semi-monthly payroll and update the Start and End Dates on the payroll time periods to reflect the new monthly payroll period dates.
- C. Create a new monthly payroll definition, end-date the workers' employment records associated with the semi-monthly payroll, create new employment records for the workers, and associate these to the monthly payroll.
- D. Navigate to the semi-monthly payroll and update the Date Paid field on the payroll time periods to reflect the new monthly payment dates.
Answer: A
Explanation:
Comprehensive and Detailed in Depth Explanation:
To transition workers from a semi-monthly to a monthly payroll frequency in Oracle Payroll Cloud, the recommended approach is to create a new monthly payroll definition and transfer the workers to it. This maintains historical data integrity and aligns with payroll configuration best practices. Options A and B involve modifying the existing semi-monthly payroll, which is not feasible as it changes the payroll frequency fundamentally and could disrupt past records. Option C, involving end-dating and creating new employment records, is overly complex and unnecessary, as payroll assignments can be updated directly. The "Transfer Payroll" process, detailed in Oracle documentation, supports moving workers between payrolls efficiently.
NEW QUESTION # 42
An element is defined with costing type as "Fixed Costing".
Which costing levels are considered while building cost account?
- A. Payroll, Element Eligibility, Element Entry
- B. Payroll, Department, Element Eligibility
- C. Payroll, Element Eligibility, Department, Element Entry
- D. Payroll, Person Element Entry, Department, Job or Position, Person, Element Eligibility
Answer: A
NEW QUESTION # 43
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