Study HIGH Quality 1Z0-1050-21 Free Study Guides and Exams Tutorials [Q22-Q40]

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Study HIGH Quality 1Z0-1050-21 Free Study Guides and Exams Tutorials

Download Oracle 1Z0-1050-21 Exam Dumps to Pass Exam Easily

Q22. Your customer pays their workers on a semi-monthly payroll frequency. To save costs, the customer is changing their company policy and effective from 1st January, all workers will be paid on a monthly payroll frequency.
What action should you take to implement this change?
Response:

Create a new monthly payroll definition, and date the workers employment records associated with the semi-monthly payroll, create new employment records for the workers and associate these to the monthly payroll.

Create a new monthly payroll definition and transfer the workers from the semimonthly payroll to the monthly payroll.

Navigate to the semi-monthly payroll and update the Date Paid field on the payroll time periods to reflect the new monthly payment dates.

Navigate to the semi-monthly payroll and update the Start and End Dates on the payroll time periods to reflect the new monthly payroll period dates.

Q23. Which two seed job roles have access to the Setup and Maintenance work area and can access all payroll setup tasks?
(Choose two.)
Response:

Application Implementation Consultant

Payroll Interface Coordinator

Payroll Administrator

Payroll Manager

Q24. From the HR system, select the tasks that are also used for validation and tax purposes in Global Payroll.
(Choose three.)
Response:

Manage Legal Jurisdictions.

Manage Geographies.

Manage Elements.

Manage Common Lookups.

Q25. As a general rule when costing an element created with a primary classification of standard earnings, what element and input value do you cost?
Response:

Result Element and input value of Earnings Calculated

Base Element and input value of Pay value

Base Element and input value of Earning Calculated

Result Element and input value of Pay Value

Q26. You need to enter bank account detailsfor the employees within your company. Which task should you use to do this?

Manage Third-Party Person Payment Methods

Manage Personal Payment Methods

Manage Element Entries

Manage Organization Payment Methods

Q27. You are testing the retropay process and enter a retrospective bonus entry for a worker. The bonus is calculated based on a percentage ofthe 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.)

Retropay has not been enabled on the bonus element.

Retropay has not been enabled on the salary element.

Element entry changes are not included in the retroactive event group.

Bonus element changes are not included in the retroactive event group.

Q28. You were trying to attach the lookup that you created to an input value in order to restrict the values for that input value, but the lookup field is not enabled. What is the reason for the lookup field not being enabled?
Response:

The unit of measure for the input value should be Date.

The unit of measure for the input value should be Character.

This is a bug in the application.

The unit of measure for the input value should be Number.

Q29. Acustomer’s organization has three Business Units – BU1, BU2, and BU3. You have an Onsite Allowance element, which is at Assignment level, for which only the employees in BU2 and BU3 are eligible.
How do you define the element eligibility for Onsite Allowance element so that the element entry is restricted only for BU2 and BU3?

You cannot meet the requirement as you cannot create element eligibility using business unit as the eligibility criteria.

Onsite Allowance element should be defined as the Payroll Relationship level element so that the element eligibility can be defined using Business Unit as the criteria.

Define the element eligibility as an Open Eligibility and create an element entry only for employees with BU2 and BU3.

Define multipleelement eligibilities using BU2 and BU3 for Business Unit criteria.

Q30. You want to pay employees on 27th of very month(in monthly payroll). How do you achieve this?
Response:

Using fixed dates, giving the value as 3 days before the end of pay period.

Using offset dates, giving the value as the 27th as date paid.

Using fixed dates, giving the value as the 27th as date paid.

Using offset dates, giving the value as 3 days before the end of pay period.

Q31. 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?

You can usethe 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.

You cannot extract the costing results from cloud payroll to send it to third party financials system.

You can run the Payroll Costing Report to extract the costing results of a particular run.

You can use the OTBI – Payroll Run Costing Real Time subject area to extract the costing results of a particular run.

Q32. You have a requirement to verify the costing results of a person in a particular payroll run. In which three ways do you verify the costing results of a single person?
(Choose three.)
Response:

You cannot view the costing results of a single person.

You can view the costing results from Statement of Earnings -> View Costing Results.

You can run the Payroll Costing Report for a single person.

You can use the OTBI – Payroll Run Costing Real Time subject area.

Q33. You are implementing retropay. You have created a retroactive event group to tract the changes that need to be considered by the retropay process.
To which feature should the retroactive event group be associated?

Element

Payroll relationship records

Payroll definition

Work relationship records

Q34. You have a requirement to stop the new entries from being created for an element and to continue the existing entries. How do you achieve this?
Response:

End date the element definition.

Change the effective date to the required date and select the “Closed for entry” check box.

You cannot achieve this requirement because you need to continue the existing element entries.

Delete the element definition and re-create it with a different effective date.

Q35. Your customer’s bonus payments are based on a percentage of salary. Therefore, salary must be calculated before bonus in the payroll run. How do you determine the element processing sequence within a payroll run?
Response:

Use the default priority of the primary classification of the element.

Set the priority of the element on the element definition page.

Set the effective process priority within the element entries page.

Alter the sequence of the elements on the element entries page.

Q36. How should you configure the predefined payslip report to meet your customer’s payslip requirements?

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

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

Open the seeded Payslip report and edit the template.

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

Q37. Which action should you take in a checklist to enable the process to be automatically re-processed?
Response:

Rollback

Skip

Mark for Retry

Re Process

Q38. A customer is implementing the two-tier employment model. At what level are payroll run results captured in cloud payroll?

Payroll Relationship only

Work Relationship and Assignment

Assignmentonly

Payroll Relationship and Assignment

Q39. Where would a payroll flow task retrieve its parameter information when selecting “Bind to Flow Task Parameter”?

Derives the value from a SQL Bind

Derives the value from the output of the previous task

Derives the value from the context of the current flow instance

Derives a specific value to the parameter as entered by the user

Q40. The element template has created a “Results” element for a voluntary deduction element along with the base element. What is needed to be created for each employee that is eligible for deduction?

Distributor element

Calculator element

Results element

Base element

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