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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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Reference: https://education.oracle.com/oracle-payroll-cloud-2020-implementation-essentials/pexam_1Z0-1050-20
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There is no prerequisite for this exam as it does not require any specific qualification to be able to take it. However, the candidate must be willing to go through the Oracle Payroll Cloud Functional Setup Manager to implement Oracle Payroll Cloud 2020. Standard and advanced skills are required to complete the Functional Setup Manager. Eligibility for the Oracle 1Z0-1050-20 Certification Exam can be obtained by going through the official website of Oracle.
| Section | Weight | Objectives |
|---|---|---|
| Employee Level Payroll Information | 10% | - Bank Account Details - Person-Level Costing - Payroll Frequency - Enter Earnings and Deductions - Initialize Balances |
| Payroll Concepts | 10% | - Legislative Data Groups - Payroll Statutory Units - Cloud HR and Payroll Person Models - Security Roles and Users |
| Payroll Flows | 15% | - Manage Flow Patterns - Submit and Monitor Flows - Define Flow Parameters |
| Payroll Costing Rules | 10% | - Subledger and GL Transfers - Configure Costing Types - Cost Allocation Flexfields - Costing Hierarchy |
| Payroll Payment Details | 15% | - Company Payment Setup - Configure Payslip Reports - Third-Party Payments |
| Earnings and Deduction Definitions | 10% | - Create Earnings and Deduction Elements - Absence Elements - Element Eligibility - Element Behavior and Rules - Retroactive Changes |
| Payroll and Balance Definitions | 15% | - Configure Payroll Definitions - Set Up Balance Definitions - Define Payment Dates |
| Calculate, Validate and Correct Payroll Processes | 15% | - Costing Reconciliation - Payroll Run Execution - Verify and Correct Results - Payment Process Validation |
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