1Z0-1050 Online Practice Questions and Answers

You want to define your own rules for converting a rate value from one periodicity to another, such as from weekly to annual.

How can you achieve this?

A. Define an indirect element, write a fast formula to convert the processed value and create the result for an indirect element.

B. Define your own Periodicity Conversion Rule and select it while creating the element.

C. Create an additional input value, calculate the converted value outside the system, and enter it while creating an element entry.

D. You cannot define your own rules for converting from one periodicity to another.

A person has one Payroll Relationship and two assignments. Each assignment has two different departments. Each department is associated with a different cost center. You would like to transfer all the costs of this person to one cost center only.

Which two options achieve the requirement? (Choose two.)

A. Define payroll costing with the cost center required

B. Define the Person – Payroll Relationship level costing with the required cost center so that all costs are charged to the same cost center

C. You cannot achieve this because the cost center is automatically picked up from the manage department costing

D. Define element entry level costing for all elements for this person with the required cost center

The element template has created a "Results" element for a voluntary deduction element along with the base element.

On which element eligibility should you enter the costing account information?

A. Base element

B. Calculator element

C. Results element

D. Distributor element

An element is defined with costing type as "Fixed Costing".

Which costing levels are considered while building cost account?

A. Payroll, Element Eligibility, Department, Element Entry

B. Payroll, Department, Element Eligibility

C. Payroll, Element Eligibility, Element Entry

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

Your customer has the finance system in a third party system and you have to send the payroll costing entries to a third party system.

Which two options can be used to extract the data from Cloud Payroll system?

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

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

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

D. You can use the 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.

Your customer is running their weekly payroll, which includes a number of high-performing workers, who will be receiving a bonus. They want these workers to be able to view their payslip two days earlier than other workers on the weekly payroll.

What action should be taken to meet this requirement?

A. Using the payroll time definition, override the payslip availability date for the impacted workers.

B. It is not possible to override the payslip availability date for a subset of workers.

C. Navigate to the Document of Records (DOR) and override the payslip availability date for the impacted employees.

D. Create a payroll object group for the impacted workers and enter an overriding payslip availability date when submitting the payroll run.

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

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

C. Set the effective process priority within the element entries page.

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

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. 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.

C. In the element definition, enter minimum and maximum for the input value.

D. 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.

You need to enter bank account details for the employees within your company.

Which task should you use to do this?

A. Manage Third-Party Person Payment Methods

B. Manage Personal Payment Methods

C. Manage Element Entries

D. Manage Organization Payment Methods

There are several flows showing on the payroll dashboard that are incomplete. What action should be taken to complete the flow and remove it from showing on the dashboard?

A. From the Payroll Calculation Work Area, highlight the flow and select the complete flow action.

B. From the Payroll Calculation Work Area, highlight the flow and select the delete flow action.

C. From the Payroll Calculation Work Area, highlight the flow and select the skip all tasks action.

D. From the Payroll Calculation Work Area, highlight the flow and select the rollback all tasks action.