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Reference: https://education.oracle.com/oracle-payroll-cloud-2020-implementation-essentials/pexam_1Z0-1050-20
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Oracle 1Z0-1050-20 is a test designed to measure your knowledge of the features of Oracle Payroll Cloud. This exam has multiple-choice questions which evaluate your understanding of the basic concepts and terminology of the application. Candidates must demonstrate knowledge of both general concepts and Oracle Payroll Cloud-specific terminology. Extension of the basic skills in the required areas will be tested as well.
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| Section | Weight | Objectives |
|---|---|---|
| Payroll Concepts | 10% | - Payroll Statutory Units - Legislative Data Groups - Cloud HR and Payroll Person Models - Security Roles and Users |
| Employee Level Payroll Information | 10% | - Enter Earnings and Deductions - Bank Account Details - Initialize Balances - Payroll Frequency - Person-Level Costing |
| Earnings and Deduction Definitions | 10% | - Element Behavior and Rules - Element Eligibility - Create Earnings and Deduction Elements - Absence Elements - Retroactive Changes |
| Calculate, Validate and Correct Payroll Processes | 15% | - Payment Process Validation - Costing Reconciliation - Verify and Correct Results - Payroll Run Execution |
| Payroll Flows | 15% | - Submit and Monitor Flows - Define Flow Parameters - Manage Flow Patterns |
| Payroll and Balance Definitions | 15% | - Set Up Balance Definitions - Configure Payroll Definitions - Define Payment Dates |
| Payroll Costing Rules | 10% | - Configure Costing Types - Subledger and GL Transfers - Cost Allocation Flexfields - Costing Hierarchy |
| Payroll Payment Details | 15% | - Company Payment Setup - Configure Payslip Reports - Third-Party Payments |
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