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Oracle 1Z0-1050-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Analytics | - Payroll Reports
|
| Costing and Accounting | - Payroll Costing Setup
|
| Payroll Processing and Runs | - Payroll Flow Execution
|
| Implementation and Security | - Security Configuration
|
| Payroll Setup and Configuration | - Payroll Definitions
|
| Payroll Elements and Fast Formulas | - Fast Formulas
|
Oracle Payroll Cloud 2026 Implementation Professional Sample Questions:
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, Person Element Entry, Department, Job or Position, Person, Element Eligibility
- B. Payroll, Department, Job or Position, Element Eligibility, Person, Element Entry
- C. Element Eligibility, Payroll, Department, Job or Position, Person, Element Entry
- D. Payroll, Element Eligibility, Department, Job, Position, Person, Element Entry
Correct Answer: D 🗳️
Explanation: Only visible for TestsDumps members. You can sign-up / login (it's free).
You defined the department costing information after the Calculate Payroll process is run that creates the costing results also. You noticed that the department costing information is not created for the employees who are in that department. What should you do to ensure the department costing information is reflected for those employees without rolling back and rerunning the Calculate Payroll?
- A. You do the adjustments in General Ledger because you cannot do changes in the costing results.
- B. You run the Calculate Retroactive Costing process to recalculate costs for retroactive changes to costing setups.
- C. You cannot rectify the costing results after they are created.
- D. You roll back only the costing process and rerun it.
Correct Answer: B 🗳️
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A customer's organization has a grade structure with four grades - C1, C2, C3, and C4. You have a car allowance element, which is at 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. You cannot meet the requirement as you cannot create element eligibility using grade as the eligibility criteria.
- 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 multiple element eligibilities using grade C3 and C4.
- D. Define the element eligibility as an Open Eligibility and create an element entry only for employees with grades C3 and C4.
Correct Answer: C 🗳️
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The element template has created a "Results" element for a voluntary deduction element along with the base element. Which element is referenced here?
- A. Distributor element
- B. Calculator element
- C. Base element
- D. Results element
Correct Answer: D 🗳️
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How should you configure the predefined payslip report to meet your customer's payslip requirements?
- A. Rename the seeded Payslip report and edit the content within the seeded template.
- B. Payslips cannot be configured and must be built from the beginning.
- C. Open the seeded Payslip report and edit the template.
- D. Modify the copy of the seeded payslip template and use it in a copy of the seeded payslip report.
Correct Answer: A 🗳️
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