1Z0-1050-23 by Oracle Actual Free Exam Q&As

Question 1

You are creating a car allowance element. The rules for this allowance need to reference the salary balance.
How can you meet this requirement?

A. Create a balance feed to feed the salary balance to the car allowance element. B. Enter the salary balance value as an input value on the car allowance element. C. Reference the database item and appropriate dimension for the salary balance in the allowance element formula. D. Associate the salary balance to a calculation card and reference the calculation card in the allowance element formula.

Discussion 0

Correct Answer: A Vote an answer

Question 2

Your customer has some questions around the parameters that must be entered when running the prepayments process.
From which two work areas can you access the prepayment process?

A. Payroll Checklist B. Accounting Distribution C. Payroll Calculating D. Payment Distribution

Discussion 0

Correct Answer: B,C Vote an answer

Question 3

Which two seed job roles have access to the Setup and Maintenance work area and can access all payroll setup tasks?

A. Resubmit, Rollback, and Skip B. Skip, Retry, and Submit C. Resubmit, Force Resubmit, and Skip D. Mark for Retry

Discussion 0

Correct Answer: B Vote an answer

Question 4

You created organization payment methods of type Check and EFT for your customer. However, they inform you that they only want to allow their employees to create personal payment methods of type EFT.
Which additional setup step must you also complete?

A. Disable the payment type field from the personal payment method page. B. Only attach organization payment methods of type EFT to the employees' payroll. C. Create a formula to restrict payment types available to employees and attach it to the payroll user interface configuration user-defined table. D. Create an information element, with an input value to store the payment types available to employees.

Discussion 0

Correct Answer: D Vote an answer

Question 5

A customer wants to distribute the costs of a benefits element, which is at payroll relationship level, to employee earnings.
How should you define the costing rules to meet this requirement?

A. you cannot distribute the costs of an element. B. Create the costing of type "Costed" and because it is a relationship level element, it automatically distributes the costs over earnings elements. C. Create a distribution group with earnings elements and create the distributed costing on relationship level element. D. Create the costing as Fixed Costed on payroll relationship level element, because the element is at relationship level. It automatically distributes costs for earnings elements, which are at assignment level.

Discussion 0

Correct Answer: A Vote an answer

Question 6

Which is the correct cost hierarchy used to build each account segment?

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

Discussion 0

Correct Answer: D Vote an answer

Question 7

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?

A. Delete the element definition and re-create it with a different effective date. B. Change the effective date to the required date and select the "Closed for entry" check box. C. You cannot achieve this requirement because you need to continue the existing element entries. D. End date the element definition.

Discussion 0

Correct Answer: D Vote an answer

Question 8

You have an earnings element with the latest entry date as "Last Standard Earning Date" without Proation enabled.
When an employee is terminated in the middle of a pay period, how would the element be processed?

A. The element does not get processed with because it gets end dated before the standard earning date and proratio is not enabled on this element. B. The element gets processed with prorated value. C. The element gets processed with zero value and a warning message is displayed. D. The element gets processed with full value.

Discussion 0

Correct Answer: B Vote an answer

Question 9

You defined the department costing information after the Calculate Payroll process is run that creates the costing results also. You noticed that the department costing information is not created for the employees who are in that department.
What should you do to ensure the department costing information is reflected for those employees without rolling back and rerunning the Calculate Payroll?

A. You run the Calculate Retroactive Costing process to recalculate costs for retroactive changes to costing setups. B. You cannot rectify the costing results after they are created. C. You roll back only the costing process and rerun it. D. You do the adjustments in General Ledger because you cannot do changes in the costing results.

Discussion 0

Correct Answer: C Vote an answer

Oracle Payroll Cloud 2023 Implementation Professional - 1Z0-1050-23 Exam Practice Test