Free Oracle 1Z0-1050-24 Exam Questions

Become Oracle Certified with updated 1Z0-1050-24 exam questions and correct answers

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Total 86 Questions | Updated On: Jun 24, 2025

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Question 1

How should you configure the predefined payslip report to meet your customers payslip requirements?

A : Open the seeded Payslip report and edit the template.

B : Modify the copy of the seeded payslip template and use it in a copy of the seeded payslip report.

C : Rename the seeded Payslip report and edit the content within the seeded template.

D : Payslips cannot be configured and must be built from the beginning.

Answer: C

Question 2

A customer has asked for notifications to be sent for tasks within a flow pattern. Notifications can be sent based on the statuses of the flow task. Which option should the task statuses that are supported?

A : Error, Warning, Complete

B : Error, Warning, Complete, In Progress

C : Error or Warning

D : All statuses

Answer: B

Question 3

What happens if the costing process does not find a value for a segment defined as mandatory, and you create a suspense account at Payroll level?

A : Costing results are placed into suspense account.

B : Costing results display a blank (null) value in the segment.

C : Calculation displays an error, and the persons results are not costed.

D : No costing results are created for the person.

Answer: A

Question 4

Your company wants to pay its employees from company bank account A and their third parties from company bank account B. What is the recommended approach for this?

A : Create two personal payment methods for each of your employees: one for their salary payments and one for their third-party payments.

B : Write a formula to select the correct bank account for employees and third parties.

C : Ensure you run the prepayments process separately for your employees and your third parties.

D : Create one organization payment method with two payment sources and configure the usage for each payment source within the payment method rules table.

Answer: D

Question 5

Which statement accurately describes how you create a tax reporting unit?

A : When you identify a legal entity as a payroll statutory unit, the application transfers the legal reporting units that are associated with that legal entity to HCM as tax reporting units.

B : If you identify a legal entity as a payroll statutory unit, you will have the option to identify the payroll statutory unit as a tax reporting unit.

C : You can identify a legal entity as a tax reporting unit.

D : When you identify a legal entity as a legal employer, the application transfers the legal reporting units that are associated with that legal employer to HCM as tax reporting units.

Answer: A

Page: 1 / 18

Total 86 Questions | Updated On: Jun 24, 2025

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