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1z0-1050-24 Practice Questions

Oracle Payroll Cloud 2024 Implementation Professional

Last Update 11 hours ago
Total Questions : 51

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Our Oracle Payroll Cloud practice questions crafted to reflect the domains and difficulty of the actual exam. The detailed rationales explain the 'why' behind each answer, reinforcing key concepts about 1z0-1050-24. Use this test to pinpoint which areas you need to focus your study on.

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Question # 1

Which legislative data group (LDG) description is incorrect?

Options:

A.  

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

B.  

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

C.  

An LDG marks a legislation in which payroll is processed.

D.  

An LDG is associated with a legislative code and currency.

Discussion 0
Question # 2

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?

Options:

A.  

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.

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 a distribution group with earnings elements and create the distributed costing on relationship level element.

Discussion 0
Question # 3

A customer’s organization has three Business Units - BU1, BU2, and BU3. You have an Onsite Allowanceelement, which is at Assignment level, for which only the employees in BU2 and BU3 are eligible. How do you define the element eligibility for the Onsite Allowance element so that the element entry is restricted only for BU2 and BU3?

Options:

A.  

You cannot meet the requirement as you cannot create element eligibility using business unit as the eligibility criteria

B.  

Define multiple element eligibilities using BU2 and BU3 for Business Unit criteria

C.  

Define the element eligibility as an Open Eligibility and create an element entry only for employees with BU2 and BU3

D.  

Onsite Allowance element should be defined as the Payroll Relationship level element so that the element eligibility can be defined using Business Unit as the criteria

Discussion 0
Question # 4

You have run the 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?

Options:

A.  

Balance Exception Report

B.  

Payroll Balance Report

C.  

Payroll Activity Report

D.  

Payroll Data Validation Report

Discussion 0
Question # 5

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?

Options:

A.  

Retry

B.  

Mark for Retry

C.  

Rollback

D.  

Delete Records

Discussion 0
Question # 6

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?

Options:

A.  

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

B.  

Define multiple element eligibilities using grade C3 and C4.

C.  

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

Discussion 0
Question # 7

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?

Options:

A.  

Use the Load Time Card process to import time entries into Cloud Payroll.

B.  

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

C.  

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

D.  

Use the batch loader task to import time element entries into Cloud Payroll.

Discussion 0
Question # 8

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?

Options:

A.  

This requirement cannot be met in Cloud Payroll; all such payments should be sent to the court

B.  

Enter the bank details on the personal payment methods page

C.  

Enter the bank details on a third-party organization page

D.  

Enter the bank details on the manage third-party person payment methods page

Discussion 0
Question # 9

Which statement accurately describes how you create a tax reporting unit?

Options:

A.  

When you identify a legal entity as a payroll statutory unit, the application transfers the legal reporting units that are associated with that legal entity to HCM as tax reporting units.

B.  

If you identify a legal entity as a payroll statutory unit, you will have the option to identify the payroll statutory unit as a tax reporting unit.

C.  

You can identify a legal entity as a tax reporting unit.

D.  

When you identify a legal entity as a legal employer, the application transfers the legal reporting units that are associated with that legal employer to HCM as tax reporting units.

Discussion 0
Question # 10

You have run the 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?

Options:

A.  

Balance Exception Report

B.  

Payroll Balance Report

C.  

Payroll Activity Report

D.  

Payroll Data Validation Report

Discussion 0
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