Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) Free Practice Test

Question 1

You need to enter bank account details for the employees within your company. Which task should you use to do this?

A. Manage Organization Payment Methods

B. Manage Third-Party Person Payment Methods

C. Manage Personal Payment Methods

D. Manage Element Entries

Correct Answer: C

Question 2

A worker moves to a different legal employer within the same country. The HR uses performs a global transfer to meet this requirement.
What is the impact of the transfer on the worker's payroll relationship record?

A. The payroll relationship will be ended and a new relationship is created.

B. It depends on the customer's payroll statutory unit and legal employer structure.

C. There is no impact.

D. It depends on the customer's payroll statutory unit and tax reporting structure.

Correct Answer: B

Question 3

The element template has created a "Results" element for a voluntary deduction element along with the base element. What is needed to be created for each employee that is eligible for deduction?

A. Distributor element

B. Calculator element

C. Results element

D. Base element

Correct Answer: D

Question 4

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. Connecting Flows

B. Calling a Flow

C. Flow Interaction

D. Flow Linkage

Correct Answer: C

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Question 5

A customer's organization has a grade structure with four grades - C1, C2, C3, and C4. You have a car allowance element, which is at Assignment level, for which only the employees with grade C3 and C4 are eligible. You should not be able to create an element entry for employees with grades C1 and C2. How do you define the element eligibility for Car Allowance element?

A. Define multiple element eligibilities using grade C1, C2, C3, and C4, but create an element entry only for employees with grades C3 and C4.

B. You cannot meet the requirement as you cannot create element eligibility using grade as the eligibility criteria.

C. Define multiple element eligibilities using grade C3 and C4.

D. Define the element eligibility as an Open Eligibility and create an element entry only for employees with grades C3 and C4.

Correct Answer: C

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Question 6

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 period to one cost center only.
Which two options achieve this requirement?

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

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

C. Define payroll costing with the cost center required.

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

Correct Answer: A

Question 7

Which two seed job roles have access to the Setup and Maintenance work area and can access all payroll setup tasks?

A. Resubmit, Force Resubmit, and Skip

B. Resubmit, Rollback, and Skip

C. Skip, Retry, and Submit

D. Mark for Retry

Correct Answer: C

Question 8

An element is defined with costing type as "Fixed Costing".
Which costing levels are considered while building cost account?

A. Payroll, Department, Element Eligibility

B. Payroll, Element Eligibility, Department, Element Entry

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

D. Payroll, Element Eligibility, Element Entry

Correct Answer: D

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Oracle Payroll Cloud 2024 Implementation Professional (1Z0-1050-24) Free Practice Test