1z0-1050-20 Exam Questions Get Updated [2022] with Correct Answers
Practice 1z0-1050-20 Questions With Certification guide Q&A from Training Expert DumpsActual
Oracle 1z0-1050-20 Exam Syllabus Topics:
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NEW QUESTION 11
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 gets processed with prorated value.
- B. The element gets processed with full value.
- C. The element gets processed with zero value and a warning message is displayed.
- D. 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.
Answer: A
Explanation:
Explanation
If you select the last standard earning date option, also select proration for the element. This ensures that the element is processed up to this date, even if it isn't active at the end of a payroll period.
Reference https://docs.oracle.com/cd/E51367_01/globalop_gs/FAIGP/F1427197AN15697.htm
NEW QUESTION 12
You are testing the retropay process and enter a retrospective bonus entry for a worker. The bonus is calculated based on a percentage of the 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.)
- A. Element entry changes are not included in the retroactive event group.
- B. Bonus element changes are not included in the retroactive event group.
- C. Retropay has not been enabled on the salary element.
- D. Retropay has not been enabled on the bonus element.
Answer: A,D
NEW QUESTION 13
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 can use the OTBI - Payroll Run Costing Real Time subject area.
- B. You cannot view the costing results of a single person.
- C. You can run the Payroll Costing Report for a single person.
- D. You can view the costing results from Statement of Earnings -> View Costing Results.
Answer: A,C,D
NEW QUESTION 14
Your customer is using HCM cloud Absences. Where is the absence information passed from absences to payroll held in the application?
- A. Value definitions
- B. Input values
- C. Absence information is not passed from cloud absences to cloud payroll.
- D. User-defined tables.
Answer: B
NEW QUESTION 15
Your customer's requirement is to pay employees within each of their three business units from a different bank account. Which three setup steps should you complete? (Choose three.)
- A. Write a formula to retrieve the employees business unit details.
- B. Create one organization payment method with three payments sources and define three payment method rules based on each business unit.
- C. Create three organization payment methods each with a different payment source.
- D. Create a Default Payer Element with a Payment Criteria input value.
Answer: B,C,D
NEW QUESTION 16
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. Associate the salary balance to a calculation card and reference the calculation card in the allowance element formula.
- C. Enter the salary balance value as an input value on the car allowance element.
- D. Reference the database item and appropriate dimension for the salary balance in the allowance element formula.
Answer: D
NEW QUESTION 17
What three options should be considered while defining a costing key flexfield structure? (Choose three.)
- A. segments required for the offset account
- B. GL Accounting key flexfield structure
- C. Cost hierarchy levels enabled to populate each cost account segment
- D. Value sets for the segments
Answer: A,C,D
NEW QUESTION 18
A customer is implementing the two-tier employment model. At what level are payroll run results captured in cloud payroll?
- A. Assignment only
- B. Payroll Relationship only
- C. Payroll Relationship and Assignment
- D. Work Relationship and Assignment
Answer: A
NEW QUESTION 19
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. End date the element definition.
- D. You cannot achieve this requirement because you need to continue the existing element entries.
Answer: B
NEW QUESTION 20
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. Set the priority of the element on the element definition page.
- C. Set the effective process priority within the element entries page.
- D. Alter the sequence of the elements on the element entries page.
Answer: B
NEW QUESTION 21
You have a requirement for not processing an element entry based on a specific condition that will be evaluated during payroll run. How should you achieve this?
- A. You write a skip rule with the condition so that the element is not processed when the condition is satisfied.
- B. You write a validation formula with the condition so that the element is not processed when the condition is satisfied.
- C. You cannot meet this requirement because once an element entry is created, it will be processed all the time.
- D. You write a calculation formula with the condition so that the element is not processed when the condition is satisfied.
Answer: A
NEW QUESTION 22
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. Create a distribution group with earnings elements and create the distributed costing on relationship level element.
- B. you cannot distribute the costs of an element.
- C. Create the costing of type "Costed" and because it is a relationship level element, it automatically distributes the costs over earnings elements.
- 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.
Answer: A
NEW QUESTION 23
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. No costing results are created for the person.
- B. Costing results display a blank (null) value in the segment.
- C. Calculation displays an error, and the person's results are not costed.
- D. Costing results are placed into suspense account.
Answer: D
NEW QUESTION 24
You have run payroll process and need to validate and audit the run results before moving on to processing the payment. Which report helps you in diagnosing the results?
- A. Payroll Activity Report
- B. Payroll Balance Report
- C. Balance Exception Report
- D. Payroll Data Validation Report
Answer: A
NEW QUESTION 25
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 cannot rectify the costing results after they are created.
- B. You run the Calculate Retroactive Costing process to recalculate costs for retroactive changes to costing setups.
- C. You do the adjustments in General Ledger because you cannot do changes in the costing results.
- D. You roll back only the costing process and rerun it.
Answer: B
NEW QUESTION 26
Your company wants to pay its employees from company bank account A and their third parties from company bank account B. What is the recommended approach for this?
- A. Create one organization payment method with two payment sources and configure the usage for each payment source within the payment method rules table.
- B. Write a formula to select the correct bank account for employees and third parties.
- C. Ensure you run the prepayments process separately for your employees and your third parties.
- D. Create two personal payment methods for each of your employees: one for their salary payments and one for their third-party payments.
Answer: A
NEW QUESTION 27
Which costing levels can you enter for an offset account?
- A. Position
- B. Element Eligibility
- C. Department
- D. Job
Answer: B
NEW QUESTION 28
You are currently reconciling a payroll run and are informed of a late starter who you would like included in the payments part of the main processing flow.
Which feature should you use to achieve this?
- A. Calling a Flow
- B. Flow Linkage
- C. Connecting Flows
- D. Flow Interaction
Answer: D
NEW QUESTION 29
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?
- A. Work relationship records
- B. Payroll definition
- C. Element
- D. Payroll relationship records
Answer: C
NEW QUESTION 30
A court has issued an order for deductions to be taken from a worker's salary and paid to an ex-spouse. The court order includes instructions for the company to make payments directly to the ex-spouse and has included their bank details.
How should you enter these details into the application?
- A. This requirement cannot be met in cloud payroll; all such payments should be sent to the court.
- B. Enter the bank details on a third-party organization page.
- C. Enter the bank details on the manage third-party person payment methods page.
- D. Enter the bank details on personal payment methods page.
Answer: C
NEW QUESTION 31
Where do you define a custom schedule to be used during payroll flow submission?
- A. Within Manage Flow Patterns, create a custom schedule and associate it with the flow pattern.
- B. Within Manage Fast Formula, create a formula that defines the required schedule.
- C. Within Manage Run Types, create a schedule of the category "Normal".
- D. Within Manage Time Definitions, create a schedule using the type "Time Span".
Answer: B
NEW QUESTION 32
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