1Z0-1050-22 Online Practice Questions and Answers

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? (Choose two.)

A. Payroll Checklist

B. Payment Distribution

C. Accounting Distribution

D. Payroll Calculating

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. What action should you take to implement this change?

A. Create a new monthly payroll definition and transfer the workers from the semi-monthly payroll to the monthly payroll.

B. Create a new monthly payroll definition, end 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.

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

D. 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.

When submitting a payroll flow, who is the owner of a task if no one has been indicated within the payroll flow definition?

A. The user that submitted the payroll flow

B. Any user with the Payroll Administrator role

C. Any user with the Payroll Manager role

D. Any user with either the Payroll Administrator or Payroll Manager Role

You are a payroll customer but when you have created an earnings element using the Manage Elements feature it has not created a pay value input value. What is the reason for this?

A. The selected extension in Manage Features by Country or Territory was set to "Payroll Interface".

B. The selected extension in Manage Features by Country or Territory was set to "Human Resources or None".

C. The earnings element template always creates "Pay Value" as the input value.

D. The selected extension in Manage Features by Country or Territory was set to "Payroll".

What happens if the costing process does not find a value for a segment defined as mandatory, and you create a suspense account at Payroll level?

A. Costing results are placed into suspense account

B. No costing results are created for the person

C. Calculation displays an error, and the person's results are not costed

D. Costing results display a blank (null) value in the segment

What three options should be considered while defining a costing key flexfield structure?

A. Required and Optional Segments

B. GL Accounting key flexfield structure

C. Value sets for the segments

D. Cost hierarchy levels enabled to populate each cost account segment

The customer requires that a team of payroll clerks be able to view the output of a task submitted by another user. Which Owner Type should be configured against the task?

A. All

B. User

C. Active Users

D. Group

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

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

C. End date the element definition.

D. Change the effective date to the required date and select the "Closed for entry" check box.

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

A. Rollback

B. Mark for Retry

C. Re Process

D. Skip

You have an employee tax deduction element that credits the same account for all employees irrespective of their home department. How do you define the costing rules to meet this requirement?

A. You create Fixed Costing on tax deduction element

B. You create the costing with distributed option

C. You create the costing with "Costed" option on tax element

D. You cannot meet this requirement because the costs are automatically apportioned to the respective departments

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

A. The element gets processed with zero value and a warning message is displayed

B. The element gets processed with prorated value

C. The element gets processed with full value

D. The element does not get processed because it gets end dated before the standard earning date and proration is not enabled on this element

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, Element Eligibility, Department, Job, Position, Person Person Element, Element Entry

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

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

Which statement accurately describes how you create a tax reporting unit (TRU)?

A. When you identify a legal entity as a payroll statutory unit, the application transfers the legal reporting units that are associated with that legal entity to HCM as tax reporting units.

B. You can identify a legal entity as a tax reporting unit.

C. When you identify a legal entity as a legal employer, the application transfers the legal reporting units that are associated with that legal employer to HCM as tax reporting units.

D. If you identify a legal entity as a payroll statutory unit, you will have the option to identify the payroll statutory unit as a tax reporting unit.

How should you change the order of the task displayed within the payroll flows checklist?

A. Amend both the sequence of the tasks on the task definition page and the task

B. Amend the task sequence on the task sequencing page.

C. Amend the sequence of the tasks within the task definition page.

D. Amend both the task sequence on the task sequencing page and the sequence within the edit task details page.

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.)

A. You cannot view the costing results of a single person.

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

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

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