Try Free and Start Using Realistic Verified 1Z0-1050-21 Dumps Instantly [Q22-Q46]

Rate this post

Try Free and Start Using Realistic Verified 1Z0-1050-21 Dumps Instantly

1Z0-1050-21 Actual Questions – Instant Download 96 Questions

Certification Topics of Oracle 1Z0-1050-21 Exam?

This exam is designed to assess knowledge of designing and implementing Oracle Payroll Cloud 2021.

Oracle 1Z0-1050-21 Exam Topics:

Oracle Payroll Cloud 2021 Implementation Essentials, Financial Management
Oracle Payroll Cloud 2021 Implementation Essentials, Planning and Scheduling
Oracle Payroll Cloud 2021 Implementation Essentials, Project Management
Oracle Payroll Cloud 2021 Implementation Essentials, Human Resources Management

NO.22 The element template has created a “Results” element for a voluntary deduction element along with the base element.
Response:

Distributor element

Calculator element

Results element

Base element

NO.23 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?

Ensure you run the prepayments process separately for your employees and your third parties.

Create one organization payment method with two payment sources and configure the usage for each payment sourcewithin the payment method rules table.

Write a formula to select the correct bank account for employees and third parties.

Create two personal payment methods for each of your employees: one for their salary payments and one for their third-party payments.

NO.24 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?
Response:

Disable the payment type field from the personal payment method page.

Create a formula to restrict payment types available to employees and attach it to the payroll user interface configuration user-defined table.

Only attach organization payment methods of type EFT to the employees’ payroll.

Create an information element, with an input value to store the payment types available to employees.

NO.25 You are testing the retropay process and enter a retrospective bonus entry for a worker. The bonus is calculated based on a percentage ofthe 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.)

Retropay has not been enabled on the bonus element.

Retropay has not been enabled on the salary element.

Element entry changes are not included in the retroactive event group.

Bonus element changes are not included in the retroactive event group.

NO.26 As a general rule when costing an element created with a primary classification of standard earnings, what element and input value do you cost?

Result Element and input value of Earnings Calculated

Base Element and input value of Pay value

Base Element and input value of Earning Calculated

Result Element and input value of Pay Value

NO.27 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?

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

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

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

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

NO.28 Which two seed job roles have access to the Setup and Maintenance work area and can access all payroll setup tasks?
(Choose two.)
Response:

Application Implementation Consultant

Payroll Interface Coordinator

Payroll Administrator

Payroll Manager

NO.29 You hire an employee on 01-JAN-2016. The employee is in the process of moving bank accounts and is yet to create a personal payment method.
How will the employee receive their payroll payment for the month of January?
Response:

They will be paid by check, because this is the default payment method on the employee’s payroll.

They won’t receive payment until they have created a personal payment method.

A cash payment request will be sent to accounts payable, and the employee will bepaid in cash.

The payment process will error and they will not receive payment for the month of January.

NO.30 If you encounter errors after transferring the batch using the Load Initial Balances process, what must you do?
Response:

Undo the batch, correct the errors, validate and transfer the batch again.

Correct the errors, create a new batch, validate ant transfer the batch again.

Perform a rollback, correct the errors, create a new batch, validate and transfer the batch again.

Correct the errors, delete the batch, create a new batch, validate and transfer the batch again.

NO.31 You were trying to attach the lookup that you created to an input value in order to restrict the values for that input value, but the lookup field is not enabled. What is the reason for the lookup field not being enabled?
Response:

The unit of measure for the input value should be Date.

The unit of measure for the input value should be Character.

This is a bug in the application.

The unit of measure for the input value should be Number.

NO.32 How should you configure the predefined payslip report to meet your customer’s payslip requirements?

Payslips cannot be configured and must be built from the beginning.

Modify the copy of the seeded payslip template and use it in a copy of the seeded payslip report.

Open the seeded Payslip report and edit the template.

Rename the seeded Payslip report and edit the content within the seeded template.

NO.33 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?
Response:

Payroll Data Validation Report

Payroll Activity Report

Balance Exception Report

Payroll Balance Report

NO.34 Where do you define a custom schedule to be used during payroll flow submission?
Response:

Within Manage Flow Patterns, create a custom schedule and associate it with the flow pattern.

Within Manage Fast Formula, create a formula that defines the required schedule.

Within Manage Time Definitions, create a schedule using the type “Time Span”.

Within Manage Run Types, create a schedule of the category “Normal”.

NO.35 You are using a third-party time product and want to import time to Fusion Payroll using the time interface.
What steps should you take?

Import time card entries by submitting the load Time Card Batches process from the Payroll Checklist or Payroll Administration work areas

Import time entries using the Batch Loader task in the Payroll Administration work area.

Import time card entries by submitting the Load Time Card process from the Time and Labor work area.

Import element entries using the Batch Loader task in the Payroll Administration work area.

NO.36 You need to enter bank account detailsfor the employees within your company. Which task should you use to do this?

Manage Third-Party Person Payment Methods

Manage Personal Payment Methods

Manage Element Entries

Manage Organization Payment Methods

NO.37 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?

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

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

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

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

NO.38 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?
Response:

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

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

Costing results are placed into suspense account.

No costing results are created for the person.

NO.39 Your customer is using a third-party time product. You have created elements using the time category and now need to import time card hours into cloud payroll.
How can you meet this requirement?

Use the batch Loader task to import time element entries into cloud payroll.

Use the Load Time Card process to import time entries into cloud payroll.

It is not possible to load time directly from a third-party time product into cloud payroll.

Use the Load Time Card process to import time entries into cloud Time and Labour, and then use the batch loader task toimport time element entries into cloud payroll.

NO.40 You need to associate a worker to your customer’s weekly payroll but the payroll field only displays values for the monthly and be-weekly payrolls.
Which two issues are the source of problem?
(Choose two.)
Response:

The weekly payroll has not been created in the worker’s legislative data group.

Your data role does not include a payroll security profile that includes the weekly payroll.

You do not have the Manage Payroll Definition duty role.

The weekly payroll has not been enabled for the worker’s PSU.

NO.41 A line manager has hired a worker who will be paid on a weekly basis. What navigation path should the payroll user take to enter the weekly payroll details for the worker?
Response:

Manage Work Relationship > Work Relationship Record

Manage Work Relationship > Assignment Record

Manage Payroll Relationship > Assignment Record

Manage Payroll Relationship > Payroll Relationship Record

NO.42 Which legislative data group (LDG) description is incorrect?
Response:

An LDG can be associated to multiple cost allocation key flexfield structures.

An LDG can contain many legal entities that act as payroll statutory units.

An LDG is associated with a legislative code and currency.

An LDG marks a legislation in which payroll is processed.

NO.43 Which is the correct cost hierarchy used to build each account segment?
Response:

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

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

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

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

NO.44 A worker’s payroll frequency changes from weekly to monthly. What action should you take?

Terminatethe worker’s assignment record associated to the weekly payroll. Create a new assignment record and associate it to the monthly payroll.

Transfer the worker from the weekly payroll to the monthly payroll.

End the weekly payroll record to the workerand add a new monthly payroll record.

Update the weekly payroll definition and change the calendar to a weekly frequency.

NO.45 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.)

You cannot view the costing results of a single person.

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

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

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

NO.46 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?

Element

Payroll relationship records

Payroll definition

Work relationship records

The Exam cost of the Oracle 1Z0-1050-21 Exam?

The cost of the Oracle 1Z0-1050-21 Exam is $245 per attempt.

Download Free Latest Exam 1Z0-1050-21 Certified Sample Questions: https://www.trainingdump.com/Oracle/1Z0-1050-21-practice-exam-dumps.html

Try Free and Start Using Realistic Verified 1Z0-1050-21 Dumps Instantly [Q22-Q46]