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Oracle Payroll Cloud 1Z0-1050 You may try it!
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1Z0-1050 PDF DEMO:
QUESTION NO: 1
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. This requirement cannot be met in cloud payroll; all such payments should be sent to the court.
B. Enter the bank details on a third-party organization page.
C. Enter the bank details on personal payment methods page.
D. Enter the bank details on the manage third-party person payment methods page.
Answer: D
QUESTION NO: 2
Which statement accurately describes how you create a tax reporting unit (TRU)?
A. 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.
B. 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.
C. You can identify a legal entity as a tax reporting unit.
D. 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.
Answer: B
QUESTION NO: 3
If you create an overtime element with a category of "Timecard", on which input will the overtime hours be held?
A. An element with "Timecard" category does not create any input values.
B. Overtime hours will be captured in the "Hours Worked" input value.
C. Overtime hours will be captured in the "Hours Calculated" input value.
D. Overtime hours will be captured in the "Hours" input value.
Answer: D
QUESTION NO: 4
Where would a payroll flow task retrieve its parameter information when selecting "Bind to
Flow Task Parameter"?
A. Derives the value from the context of the current flow instance
B. Derives a specific value to the parameter as entered by the user
C. Derives the value from a SQL Bind
D. Derives the value from the output of the previous task
Answer: D
QUESTION NO: 5
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. You cannot achieve this because the cost center is automatically picked up from the manage department costing.
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. Define element entry level costing for all elements for this person with the required cost center.
Answer: D
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Updated: May 28, 2022