Oracle Payroll Cloud 2020 Implementation Essentials (1Z0-1050-20) Practice Exam
Oracle Payroll Cloud 2020 Implementation Essentials (1Z0-1050-20)
About Oracle Payroll Cloud 2020 Implementation Essentials (1Z0-1050-20) Practice Exam
An Oracle Payroll Cloud 2020 Certified Implementation Specialist has demonstrated the knowledge required to set up Oracle Payroll Cloud using Workforce Deployment tasks offered in the functional setup manager. Individuals who earn this certification are able to identify the key concepts of Oracle Payroll Cloud that determine a successful implementation, test your setup by entering data and performing common payroll processes, use Oracle Payroll Cloud Functional Setup Manager (FSM) to implement payroll and much more.
Exam Details
- Exam Title: Oracle Payroll Cloud 2020 Implementation Essentials
- Exam Number: 1Z0-1050-20
- Exam Price: $245 USD
- Format: Multiple Choice
- Duration: 85 Minutes
- Number of Questions: 55
- Passing Score: 64%
- Validated Against: This exam has been validated against 20B. (Previous version of this exam was validated against 19C)
Course Outline
The Oracle Payroll Cloud 2020 Implementation Essentials (1Z0-1050-20) exam covers the following topics -
1. Payroll Concepts
Describe cloud Human Resources and the cloud payroll person models
Describe legislative data groups
Describe payroll statutory units
Create payroll users and roles
2. Earnings and Deduction Definitions
Create an earnings or deduction element
Explain the behavior of an element
Create element entry business rules
Configure an absence element
Add eligibility rules for an element
Create rules for retroactive changes
3. Payroll Costing Rules
Describe the levels of a costing hierarchy
Set up a payroll cost allocation flexfield
Configure various types of costing
Perform a transfer to subledger accounting and a posting to GL
4. Payroll Flows
Copy a flow pattern
Edit a flow pattern
Define parameters for tasks within a flow pattern
Submit a payroll flow
5. Payroll and Balance Definitions
Configure a payroll definition
Configure a balance definition
Edit payment dates
6. Payroll Payment Details
Add company payment details
Explain how to configure a payslip report
Add third-party payment details
7. Employee Level Payroll Information
Add a standard earnings entry earning or deduction to an employee
Add bank account details for an employee
Enter payroll frequency details for an employee
Manage absences for an employee
Explain how to initialize payroll balances
Manage costing for a person
8. Calculate, Validate and Correct Payroll Processes
Describe the Payroll Checklist
Verify the results of a payroll run
Correct the payroll run details for an employee
Submit and verify the results of the payment process
Confirm the status of the payroll flow
Verify the results of the costing process
Describe how to reconcile the payroll
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