1Z1-1050 Exam Training Practice Tests (Oracle Payroll Cloud 2019 Implementation Essentials)]

Question 1

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 use the OTBI - Payroll Run Costing Real Time subject area. C. You can view the costing results from Statement of Earnings -> View Costing Results. D. You can run the Payroll Costing Report for a single person.

Correct Answer: B,C,D

Question 2

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?

A. Import time card entries by submitting the load Time Card Batches process from the Payroll Checklist or Payroll Administration work areas B. Import time entries using the Batch Loader task in the Payroll Administration work area. C. Import time card entries by submitting the Load Time Card process from the Time and Labor work area. D. Import element entries using the Batch Loader task in the Payroll Administration work area.

Correct Answer: A

Question 3

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 your own Periodicity Conversion Rule and select it while creating the element. B. Define an indirect element, write a fast formula to convert the processed value and create the result for an indirect 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.

Correct Answer: A

Question 4

Which two statements regarding the relationship between legal entities, legal employers, and payroll statutory units (PSU) are correct? (Choose two.)

A. A legal entity cannot be both a legal employee and a PSU. B. PSUs are legal entities responsible for payroll tax and social insurance reporting. C. A legal employer can be associated with multiple PSUs. D. Legal employers are legal entities responsible for paying workers.

Correct Answer: B,D

Question 5

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

A. Manage Personal Payment Methods B. Manage Organization Payment Methods C. Manage Third-Party Person Payment Methods D. Manage Element Entries

Correct Answer: A

Question 6

Where would a payroll flow task retrieve its parameter information when selecting "Bind to Flow Parameter"?

A. Derives the value from one of the task parameter values B. Derives the value from one of the flow pattern parameter values C. Derives the value from the output of the previous task D. Derives the value from the context of the current flow instance

Correct Answer: B

Question 7

You are creating a custom balance that needs to include run results of all elements associated with the regular earnings and supplemental earnings classifications.
How should you define the balance feeds to meet this requirement?

A. Create balance feeds for each element belonging to regular earnings and supplemental earnings classifications. B. This requirement cannot be met because a balance cannot be fed by elements from more than one element classification. C. Create balance feeds for each element belonging to regular earnings and supplemental earnings classifications but ensure the number of feeds does not exceed 250. D. Create a balance feed for the regular earnings classification and a balance feed for the supplemental earnings classification.

Correct Answer: D

Question 8

Your customer has the financial system in a third party system and you have to send the payroll costing entries to a third party system. Which two options should be used to extract the data from Cloud Payroll system?

A. You can use the OTBI - Payroll Run Costing Real Time subject area to extract the costing results of a particular run. B. You can run the Payroll Costing Report to extract the costing results of a particular run. C. 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. D. You cannot extract the costing results from cloud payroll to send it to third party financials system.

Correct Answer: A,B

Question 9

You have run the payroll calculation and several workers have an error status.
What action should you take to remove the payroll calculation results for all workers?

A. Mark for Retry B. Rollback C. Retry D. Delete Records

Correct Answer: B

Oracle Payroll Cloud 2019 Implementation Essentials - 1Z1-1050 Exam Practice Test