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[Hardware] Hot 1Z0-1050-24 Exam Sample–High-quality Valid Dumps Book Providers for Oracle 1

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【Hardware】 Hot 1Z0-1050-24 Exam Sample–High-quality Valid Dumps Book Providers for Oracle 1

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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
  • 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 3
  • 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 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.

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Oracle Payroll Cloud 2024 Implementation Professional Sample Questions (Q52-Q57):NEW QUESTION # 52
A customer wants to distribute the costs of a benefits element, which is at payroll relationship level, to employee earnings. How should you define the costing rules to meet this requirement?
  • A. You cannot distribute the costs of an element.
  • B. Create a distribution group with earnings elements and create the distributed costing on relationship level element.
  • C. Create the costing as Fixed Costed on payroll relationship level element, because the element is at relationship level. It automatically distributes costs for earnings elements, which are at assignment level.
  • D. Create the costing of type "Costed" and because it is a relationship level element, it automatically distributes the costs over earnings elements.
Answer: B
Explanation:
Comprehensive and Detailed in Depth Explanation:
To distribute costs of a benefits element (at payroll relationship level) to employee earnings in Oracle Payroll Cloud, you must create a distribution group containing the target earnings elements and configure distributed costing on the relationship-level element. This ensures costs are allocated proportionally across specified earnings. Option A ("Fixed Costed") does not support distribution to earnings, Option B is incorrect as cost distribution is possible, and Option C ("Costed") lacks the specificity of a distribution group, which is required for this scenario. The process is detailed in the "Costing Setup" section of the Oracle documentation.

NEW QUESTION # 53
Your customer is using HCM Cloud Absence Management and wants to transfer absence information to Cloud Global Payroll so that it can be processed.
Aside from creating your absence plan, which two steps do you need to complete in Cloud Global Payroll? (Choose two.)
  • A. Manually enter the absence units in the employees' element entry
  • B. Create an Absence Calculation Card to store the absence details
  • C. Create element eligibility for each absence element
  • D. Create your absence elements
Answer: C,D

NEW QUESTION # 54
Your customer's requirement is to pay employees within each of their three business units from a different bank account. Which three setup steps should you complete? (Choose three.)
  • A. Create a Default Payer Element with a Payment Criteria input value
  • B. Create one organization payment method with three payment sources and define three payment method rules based on each business unit
  • C. Write a formula to retrieve the employees' business unit details
  • D. Create three organization payment methods each with a different payment source
Answer: B,C,D
Explanation:
Comprehensive and Detailed in Depth Explanation:
To pay employees in three business units from different bank accounts in Oracle Payroll Cloud, you need: (1) "Create three organization payment methods each with a different payment source" (A) to define distinct bank accounts; (2) "Write a formula to retrieve the employees' business unit details" (C) to dynamically assign payment methods based on business unit; and (3) "Create one organization payment method with three payment sources and define three payment method rules based on each business unit" (D) to link the payment sources to business units via rules. Option B (Default Payer Element) is unrelated to this requirement. This is detailed in the "ayment Methods Setup" section.

NEW QUESTION # 55
When a customer runs a payroll, it creates payroll run actions for all workers included in the process.
On which employment record are the process actions created?
  • A. Assignment, Work Relationship
  • B. Payroll Relationship only
  • C. Assignment, Payroll Relationship
  • D. Assignment only
Answer: B

NEW QUESTION # 56
A customer's organization has a grade structure with four grades - C1, C2, C3, and C4. You have a car allowance element, which is art Assignment level, for which only the employees with grade C3 and C4 are eligible. You should not be able to create an element entry for employees with grades C1 and C2.
How do you define the element eligibility for Car Allowance element?
  • A. Define multiple element eligibilities using grade C3 and C4.
  • B. Define multiple element eligibilities using grade C1, C2, C3, and C4, but create an element entry only for employees with grades C3 and C4.
  • C. Define the element eligibility as an Open Eligibility and create an element entry only for employees with grades C3 and C4.
  • D. You cannot meet the requirement as you cannot create element eligibility using grade as the eligibility criteria.
Answer: C

NEW QUESTION # 57
......
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