Free Oracle Payroll Cloud 2020 Implementation Essentials Exam 1Z0-1050-20 Exam Practice Test

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

• Value sets for the segments
• Cost hierarchy levels enabled to populate each cost account segment
• segments required for the offset account
• GL Accounting key flexfield structure

If the status of a task on the checklist is ''On Hold'', what actions can be taken against that task?

• Mark for Retry
• Skip, Retry, and Submit
• Resubmit, Force Resubmit, and Skip
• Resubmit, Rollback, and Skip

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

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

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.)

• You cannot view the costing results of a single person.
• You can view the costing results from Statement of Earnings -> View Costing Results.
• You can run the Payroll Costing Report for a single person.
• You can use the OTBI -- Payroll Run Costing Real Time subject area.

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?

• Run the Payroll Activity Report in Detail scope.
• Run the Payroll Costing Report in Summary scope.
• You can use the OTBI -- Payroll Run Costing Real Time subject area.
• You cannot achieve this requirement.

Your customer has some questions around the parameters that must be entered when running the prepayments process.From which two work areas can you access the prepayment process? (Choose two.)

• Payroll Checklist
• Payment Distribution
• Accounting Distribution
• Payroll Calculating

You are implementing retropay. You have created a retroactive event group to tract the changes that need to be considered by the retropay process.To which feature should the retroactive event group be associated?

• Element
• Payroll relationship records
• Payroll definition
• Work relationship records

Your customer is using HCM Cloud Absence Management and wants to transfer absence information to Cloud Global Payroll so that it can be processed.Aside from creating your absence plan, which two steps do you need to complete in Cloud Global Payroll? (Choose two.)

• Create your absence elements
• Create an Absence Calculation Card to store the absence details
• Create element eligibility for each absence element
• Manually enter the absence units in the employees' element entry

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?

• Delete Records
• Rollback
• Retry
• Mark for Retry

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?

• Ensure you run the prepayments process separately for your employees and your third parties.
• Create one organization payment method with two payment sources and configure the usage for each payment source within the payment method rules table.
• Write a formula to select the correct bank account for employees and third parties.
• Create two personal payment methods for each of your employees: one for their salary payments and one for their third-party payments.