Oracle Payroll Cloud 2021 Implementation Essentials - 1Z0-1050-21 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

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.)
Response:

A. Write a formula to retrieve the employees business unit details. B. Create a Default Payer Element with a Payment Criteria input value. C. Create three organization payment methods each with a different payment source. D. Create one organization payment method with three payments sources and define three payment method rules based on each business unit.

Discussion 0

Correct Answer: B,C,D Vote an answer

Question 2

Which action should you take in a checklist to enable the process to be automatically re-processed?
Response:

A. Rollback B. Re Process C. Skip D. Mark for Retry

Discussion 0

Correct Answer: D Vote an answer

Question 3

Select the statements that are true about Payroll Elements.
(Choose two.)
Response:

A. It allows you to set an eligibility criteria to enable a certain element for a group of employees. B. It is associated only with Global Payroll. C. The processing rules can be set only to a default value of Flat Amount for the elements. D. It has three classifications: primary, secondary, and sub-classification.

Discussion 0

Correct Answer: A,D Vote an answer

Question 4

You are testing the retropay process and enter a retrospective bonus entry for a worker. The bonus is calculated based on a percentage of the worker's salary.
When you review the results of the retropay process you identify the bonus has not been included.
Identify two reasons why this is happening.
(Choose two.)
Response:

A. Retropay has not been enabled on the bonus element. B. Retropay has not been enabled on the salary element. C. Bonus element changes are not included in the retroactive event group. D. Element entry changes are not included in the retroactive event group.

Discussion 0

Correct Answer: A,B Vote an answer

Question 5

Select the statements that are true about Balance Definitions.
(Choose two.)
Response:

A. It cannot be set up manually by using "Setup and Maintenance". B. It allows you to accumulate balances over a period of time. C. All of the above. D. It is also referred to as special accumulators.

Discussion 0

Correct Answer: B,D Vote an answer

Question 6

Where would a payroll flow task retrieve its parameter information when selecting "Bind to Flow Parameter"?
Response:

A. Derives the value from one of the task parameter values B. Derives the value from one of the flow pattern parameter values C. Derives the value from the context of the current flow instance D. Derives the value from the output of the previous task

Discussion 0

Correct Answer: B Vote an answer

Question 7

A customer's organization has a grade structure with four grades - C1, C2, C3, and C4. You have a car allowance element, which is art 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?
Response:

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 C3 and C4. C. Define the element eligibility as an Open Eligibility and create an element entry only for employees with grades C3 and C4. D. Define multiple element eligibilities using grade C1, C2, C3, and C4, but create an element entry only for employees with grades C3 and C4.

Discussion 0

Correct Answer: B Vote an answer

Question 8

Your customer is using a third-party time product. You have created elements using the time category and now need to import time card hours into cloud payroll.
How can you meet this requirement?
Response:

A. It is not possible to load time directly from a third-party time product into cloudpayroll. B. Use the Load Time Card process to import time entries into cloud payroll. C. Use the batch Loader task to import time element entries into cloud payroll. D. Use the Load Time Card process to import time entries into cloud Time and Labour, and then use the batch loader task to import time element entries into cloud payroll.

Discussion 0

Correct Answer: C Vote an answer

Question 9

A worker's payroll frequency changes from weekly to monthly. What action should you take?
Response:

A. Transfer the worker from the weekly payroll to the monthly payroll. B. Terminate the worker's assignment record associated to the weekly payroll. Create a new assignment record and associate it to the monthly payroll. C. End the weekly payroll record to the worker and add a new monthly payroll record. D. Update the weekly payroll definition and change the calendar to a weekly frequency.

Discussion 0

Correct Answer: C Vote an answer

Question 10

Which option represents the costing hierarchy necessary to build a cost account when the element costing is defined with costing type as "Costed"?
Response:

A. Payroll, Department, Job or Position, Element Eligibility, Person, Element Entry B. Payroll, Element Eligibility, Department, Job, Position, Person Person Element, Element Entry C. Payroll, Person Element Entry, Department, Job or Position, Person, Element Eligibility D. Element Eligibility, Payroll, Department, Job or Position, Person, Element Entry

Discussion 0

Correct Answer: B Vote an answer