1z0-1050-22 by Oracle Actual Free Exam Q&As

Question 1

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

A. Result Element and input value of Pay Value B. Base Element and input value of Pay value C. Base Element and input value of Earning Calculated D. Result Element and input value of Earnings Calculated

Discussion 0

Correct Answer: D Vote an answer

Question 2

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: C Vote an answer

Question 3

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?

A. Set the effective process priority within the element entries page. B. Set the priority of the element on the element definition page. C. Use the default priority of the primary classification of the element. D. Alter the sequence of the elements on the element entries page.

Discussion 0

Correct Answer: B Vote an answer

Question 4

You have a requirement to restrict the entry on an input value such that the entered value is greater than 30 but less than 50. How do you achieve this?

A. Create a validation formula and attach it at the element eligibility level to validate the minimum and maximum of the input value at the time of entry. B. In the element definition, enter minimum and maximum for the input value. C. Create a validation formula and attach it at the element input value level to validate the minimum and maximum of the input value at the time of entry. D. Create a validation formula and attach it at the element level to validate the minimum and maximum of the input value at the time of entry.

Discussion 0

Correct Answer: C Vote an answer

Question 5

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: A Vote an answer

Question 6

A customer'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?

A. 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. B. Define multiple element eligibilities using BU2 and BU3 for Business Unit criteria. C. You cannot meet the requirement as you cannot create element eligibility using business unit as the eligibility criteria. D. Define the element eligibility as an Open Eligibility and create an element entry only for employees with BU2 and BU3.

Discussion 0

Correct Answer: C Vote an answer

Question 7

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: A Vote an answer

Question 8

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

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

Discussion 0

Correct Answer: A Vote an answer

Question 9

Which status should you select for your flow pattern so it is available under "Submit a Payroll Flow"?

A. Active. Process. Report, or Payroll Flow B. Active. Payroll Flow C. Active. Process of Report D. Active. Flow Pattern Submission

Discussion 0

Correct Answer: A Vote an answer

Oracle Payroll Cloud 2022 Implementation Professional - 1z0-1050-22 Exam Practice Test