1Z0-1050 Online Practice Questions and Answers

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 an indirect element, write a fast formula to convert the processed value and create the result for an indirect element.

B. Define your own Periodicity Conversion Rule and select it while creating the 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.

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

What three options should be considered while defining a costing key flexfield structure?

A. Required and Optional Segments

B. GL Accounting key flexfield structure

C. Value sets for the segments

D. Cost hierarchy levels enabled to populate each cost account segment

As a general rule when costing an element created with a primary classification of standard earnings, what element and input value do you cost?

A. Result Element and input value of Earnings Calculated

B. Base Element and input value of Pay value

C. Base Element and input value of Earning Calculated

D. Result Element and input value of Pay Value

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?

A. Payroll Activity Report

B. Balance Exception Report

C. Payroll Data Validation Report

D. Payroll Balance Report

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

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

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

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

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?

A. Enter the bank details on personal payment methods page

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

C. This requirement cannot be met in cloud payroll; all such payments should be sent to the court

D. Enter the bank details on a third-party organization page

You have a requirement for not processing an element entry based on a specific condition that will be evaluated during payroll run.

How should you achieve this?

A. You write a calculation formula with the condition so that the element is not processed when the condition is satisfied.

B. You cannot meet this requirement because once an element entry is created, it will be processed all the time.

C. You write a validation formula with the condition so that the element is not processed when the condition is satisfied.

D. You write a skip rule with the condition so that the element is not processed when the condition is satisfied.

You have a requirement to restrict the entry on an input value such that the entered value is greater than 30 but less than 50.

How do you achieve this?

A. Create a validation formula and attach it at the element eligibility level to validate the minimum and maximum of the input value at the time of entry.

B. Create a validation formula and attach it at the element level to validate the minimum and maximum of the input value at the time of entry.

C. In the element definition, enter minimum and maximum for the input value.

D. Create a validation formula and attach it at the element input value level to validate the minimum and maximum of the input value at the time of entry.

What three options should be considered while defining a costing key flexfield structure? (Choose three.)

A. Value sets for the segments

B. Cost hierarchy levels enabled to populate each cost account segment

C. segments required for the offset account

D. GL Accounting key flexfield structure