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Oracle 1Z0-1050-23 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Payroll Cloud 2023 Implementation Professional |
| Exam Number: | 1Z0-1050-23 |
| Available Languages: | English |
| Certificate Validity Period: | Typically 18 months to 2 years (Oracle certifications may vary by policy) |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle HCM Cloud Implementation Professional Oracle Payroll Cloud Implementation Associate |
| Exam Price: | USD 245 (may vary by country) |
| Exam Format: | Multiple Response, Multiple Choice |
| Recommended Training: | Oracle University Payroll Cloud Training |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or onsite testing center (Pearson VUE) |
| Pre Condition: | Recommended: Oracle Global Human Resources Cloud experience; prior knowledge of HCM concepts is strongly advised |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1050-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Elements and Earnings/ Deductions | - Balances and formulas
|
| Topic 2: Reporting and Compliance | - Payroll reports
|
| Topic 3: Payroll Processing | - Payroll run cycles
|
| Topic 4: Security and Integration | - Integration
|
| Topic 5: Costing and Accounting | - Payroll costing setup
|
| Topic 6: Payroll Fundamentals | - Payroll setup overview
|
Everything Candidates Ask About the Oracle 1Z0-1050-23 Exam
The 1Z0-1050-23 exam is the official Oracle exam that leads to the Oracle Payroll Cloud 2023 Implementation Professional certification, positioned at the Professional level. It validates the skills employers expect from certified professionals, and passing it is a concrete step forward in an IT career. It is also connected with other credentials in the same track, including Oracle HCM Cloud Implementation Professional, Oracle Payroll Cloud Implementation Associate.
Yes. Real4Prep offers a free PDF demo of the Oracle Payroll Cloud 2023 Implementation Professional material, so you can check the question style and answer quality before paying. After purchase, your product includes 365 days of free updates; once that period expires, you can extend the update service at a 50% discount from your member zone.
The Oracle Payroll Cloud 2023 Implementation Professional exam is organized into 6 domains. The main ones include Reporting and Compliance; Security and Integration; Payroll Processing. Weightings tell you where to spend most of your study time, and the full topic breakdown is listed in the exam outline section above on this page.
You can book the 1Z0-1050-23 exam through the official registration channels below:
The exam is delivered as Online proctored or onsite testing center (Pearson VUE), so pick the option that fits your schedule when booking.
If you take the Oracle Payroll Cloud 2023 Implementation Professional exam within 60 days of your purchase and do not pass, you can apply for a full refund under the Real4Prep refund policy. The claim requires a scanned enrollment slip and your official Score Report in PDF, submitted within 2 days after the exam; claims are processed within 7 days. Note that the guarantee applies only to the corresponding exam — attempts taken within 3 days of purchase, downloaded-but-never-taken exams, free materials, and expired orders are not covered, and the candidate name must match the payer name. Prefer new material instead of a refund? You can swap for two free exam products of equal value and keep the update service on your original purchase. As for delivery, everything is instant: the download link reaches your mailbox within one minute of payment (contact support if nothing arrives within 2 hours), and there is no limit on how many computers you can install it on.
Recommended: Oracle Global Human Resources Cloud experience; prior knowledge of HCM concepts is strongly advised Requirements like these can change, so before you book, confirm the current eligibility rules on the official page: https://education.oracle.com.
Oracle recommends the following training options for 1Z0-1050-23 candidates:
Official courses build the theory; the 86 practice questions from Real4Prep then let you measure how ready you actually are for the real exam.
Oracle Payroll Cloud 2023 Implementation Professional Sample Questions:
Your customer has the financial system in a third party system and you have to send the payroll costing entries to a third party system. Which two options should be used to extract the data from Cloud Payroll system?
- A. You can run the Payroll Costing Report to extract the costing results of a particular run.
- B. You can use the OTBI - Payroll Run Costing Real Time subject area to extract the costing results of a particular run.
- C. You cannot extract the costing results from cloud payroll to send it to third party financials system.
- D. You can use the OTBI - Payroll Run Results Real Time subject area to extract the costing results of a particular run, because payroll costing is part of payroll run.
Correct Answer: A,B 🗳️
You have completed the setup of third parties and third-party payment methods for your company. However, you receive a notification that one of the third-party persons to whom an employee is making payment has changed his or her bank details.
What action should you take to rectify this?
- A. Create a new third party and attach the new bank account details.
- B. Correct the bank account details associated with the employee's personal payment method.
- C. Search for the employee using the "Manage Third-Party Person Payment Methods" task and correct the bank details associated with the third-party person.
- D. Change the bank details on the involuntary deduction card.
Correct Answer: A 🗳️
Your customer's requirement is to pay employees within each of their three business units from a different bank account. Which three setup steps should you complete? (Choose three.)
- A. Create three organization payment methods each with a different payment source.
- B. Create one organization payment method with three payments sources and define three payment method rules based on each business unit.
- C. Create a Default Payer Element with a Payment Criteria input value.
- D. Write a formula to retrieve the employees business unit details.
Correct Answer: A,C,D 🗳️
Which option represents the costing hierarchy necessary to build a cost account when the element costing is defined with costing type as "Costed"?
- A. Element Eligibility, Payroll, Department, Job or Position, Person, Element Entry
- B. Payroll, Person Element Entry, Department, Job or Position, Person, Element Eligibility
- C. Payroll, Element Eligibility, Department, Job, Position, Person Person Element, Element Entry
- D. Payroll, Department, Job or Position, Element Eligibility, Person, Element Entry
Correct Answer: A 🗳️
You want to define your own rules for converting a rate value from one periodicity to another, such as from weekly to annual.
How can you achieve this?
- A. Define an indirect element, write a fast formula to convert the processed value and create the result for an indirect element.
- B. Create an additional input value, calculate the converted value outside the system, and enter it while creating an element entry.
- C. You cannot define your own rules for converting from one periodicity to another.
- D. Define your own Periodicity Conversion Rule and select it while creating the element.
Correct Answer: D 🗳️
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