Oracle Oracle Certifications 1Z0-1050-22 Questions & Answers

• Question 61:

  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. Enter the salary balance value as an input value on the car allowance element.

  B. Associate the salary balance to a calculation card and reference the calculation card in the allowance element formula.

  C. Create a balance feed to feed the salary balance to the car allowance element.

  D. Reference the database item and appropriate dimension for the salary balance in the allowance element formula.

  Correct Answer: D

• Question 62:

  You have a requirement to verify the costing results, such as debit and credit, of a particular payroll run at costing segments combination level, without manually adding the individual costing results. Which two options achieve this requirement?

  A. Run the Payroll Costing Report with Summary scope

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

  C. Run the Payroll Activity Report in Detail scope

  D. You cannot achieve this requirement

  Correct Answer: AB

• Question 63:

  Which two delivered reports can be used to view the results of a payroll run immediately after running the Calculate Payroll process? (Choose two.)

  A. Payroll Balance Report

  B. Payroll Register Report

  C. Payroll Activity Report

  D. Payment Register Report

  Correct Answer: AC

  Reference: https://docs.oracle.com/cd/E60665_01/globalcs_gs/OAPAY/F1427133AN1BE47.htm

• Question 64:

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

  A. There is no impact

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

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

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

  Correct Answer: B

• Question 65:

  What are three important considerations when you create your batch data to initialize employee balances? (Choose three.)

  A. You must create your batches by Legislative Data Group

  B. You must use the same date for all batch detail lines

  C. You must initialize balances before you run any payroll processes

  D. You must include all balances for one employee within one batch

  Correct Answer: ABD

• Question 66:

  Which two seeded job roles have access to the Setup and Maintenance work area and can access all payroll setup tasks? (Choose two.)

  A. Payroll Manager

  B. Payroll Administrator

  C. Application Implementation Consultant

  D. Payroll Interface Coordinator

  Correct Answer: BC

  Reference: https://docs.oracle.com/en/cloud/saas/procurement/r13-update17d/oapro/overview.html#OAPRO1684917

• Question 67:

  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. Retropay has not been enabled on the bonus element.

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

  C. Retropay has not been enabled on the salary element.

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

  Correct Answer: AB

• Question 68:

  An element is defined with costing type as "Fixed Costing".

  Which costing levels are considered while building cost account?

  A. Payroll, Element Eligibility, Department, Element Entry

  B. Payroll, Department, Element Eligibility

  C. Payroll, Element Eligibility, Element Entry

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

  Correct Answer: C

• Question 69:

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

  A. A legal employer can be associated with multiple PSUs

  B. A legal entity can be both a legal employer and a PSU

  C. Legal entities responsible for paying workers

  D. PSUs are legal entities responsible for payroll tax and social insurance reporting

  Correct Answer: CD

  Reference: https://docs.oracle.com/en/cloud/saas/financials/r13-update17d/faigl/legal-entities.html#FAIGL1453110

• Question 70:

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

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

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

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

  Correct Answer: D