[2023] 1Z0-1050-21 Answers 1Z0-1050-21 Free Demo Are Based On The Real Exam [Q23-Q39]

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[2023] 1Z0-1050-21 Answers 1Z0-1050-21 Free Demo Are Based On The Real Exam

1Z0-1050-21 [Mar-2023 Newly Released] Exam Questions For You To Pass

The advantages of taking the Oracle 1Z0-1050-21 Exam?

The Oracle Payroll Cloud 2021 Implementation Essentials exam is an important step in your career. If you want to be a successful developer, you must have the knowledge and skills that this certification can provide. This exam is designed to test your knowledge of the latest developments in the field of payroll processing.

The advantages of taking the Oracle 1Z0-1050-21 Exam are following:

The first benefit of taking this exam is that it will allow you to become certified in a new area of expertise. Many organizations are looking for developers who can help them implement new technology solutions and services. This certification will show employers that you are ready, willing and able to do this type of work. The second advantage is that employers often want employees who have taken advanced degrees or completed professional certifications. By receiving this certificate, you will be able to show potential employers that you have received additional training on current technologies and practices in the workplace. Oracle 1Z0-1050-21 exam dumps will boost you perp.

Oracle Payroll Cloud 2021 Implementation Essentials exam is designed to test your knowledge of the latest developments in the field of payroll processing. It covers all aspects of payroll processing such as how to create an employee file, how to process payroll transactions, how to manage employee benefits and much more!

NEW QUESTION 23
You are a payroll customer but when you have created an earnings element using the Manage Elements feature it has not created a pay value input value. What is the reason for this?
Response:

The earnings element template always creates “Pay Value” as the input value.

The selected extension in Manage Features by Country or Territory was set to “Human Resources or None”.

The selected extension in Manage Features by Country or Territory was set to “Payroll”.

The selected extension in Manage Features by Country or Territory was set to “Payroll Interface”.

NEW QUESTION 24
Where do you define a custom schedule to be used duringpayroll flow submission?

Within Manage Flow Patterns, create a custom schedule and associate it with the flow pattern.

Within Manage Fast Formula, create a formula that defines the required schedule.

Within Manage Time Definitions, create aschedule using the type “Time Span”.

Within Manage Run Types, create a schedule of the category “Normal”.

NEW QUESTION 25
You hire an employee on 01-JAN-2016. The employee is in the process of moving bank accounts and is yet to create a personal payment method. How will the employee receive their payroll payment for the month of January?

They will be paid by check, because this is the default payment method on the employee’s payroll.

They won’t receive payment until they have created a personal payment method.

A cash payment request will be sent toaccounts payable, and the employee will be paid in cash.

The payment process will error and they will not receive payment for the month of January.

NEW QUESTION 26
You need to associate a worker to your customer’s weekly payroll but the payroll field only displays values for the monthly and be-weekly payrolls.
Which two issues are the source of problem?
(Choose two.)
Response:

The weekly payroll has not been created in the worker’s legislative data group.

Your data role does not include a payroll security profile that includes the weekly payroll.

You do not have the Manage Payroll Definition duty role.

The weekly payroll has not been enabled for the worker’s PSU.

NEW QUESTION 27
You have run the payroll calculation and several workershave an error status.
What action should you take to remove the payroll calculation results for all workers?

Delete Records

Rollback

Retry

Mark for Retry

NEW QUESTION 28
You are creating a custom balance that needs to include run results of all elements associated with the regular earnings and supplemental earnings classifications.
How should you define the balance feeds to meet this requirement?

Create balance feeds for each element belonging to regular earnings and supplemental earnings classifications.

This requirement cannot be met because a balance cannot be fed by elements from more than one element classification.

Create a balance feedfor the regular earnings classification and a balance feed for the supplemental earnings classification.

Create balance feeds for each element belonging to regular earnings and supplemental earnings classifications but ensure the number of feeds does not exceed 250.

NEW QUESTION 29
Which statement accurately describes how you create a tax reporting unit (TRU)?
Response:

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.

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.

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

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.

NEW QUESTION 30
You have a requirement to stop the new entries from being created for an element and to continue the existing entries. How do you achieve this?
Response:

End date the element definition.

Change the effective date to the required date and select the “Closed for entry” check box.

You cannot achieve this requirement because you need to continue the existing element entries.

Delete the element definition and re-create it with a different effective date.

NEW QUESTION 31
You are testing the retropay process and enter a retrospective bonus entry for a worker. The bonus is calculated based on a percentage ofthe 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.)

Retropay has not been enabled on the bonus element.

Retropay has not been enabled on the salary element.

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

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

NEW QUESTION 32
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?
Response:

Delete Records

Rollback

Retry

Mark for Retry

NEW QUESTION 33
A worker’s payroll frequency changes from weekly to monthly. What action should you take?

Terminatethe worker’s assignment record associated to the weekly payroll. Create a new assignment record and associate it to the monthly payroll.

Transfer the worker from the weekly payroll to the monthly payroll.

End the weekly payroll record to the workerand add a new monthly payroll record.

Update the weekly payroll definition and change the calendar to a weekly frequency.

NEW QUESTION 34
Functional Setup Manager enables user to:
(Choose three.)
Response:

Automatically assign the abstract roles to users.

Configure the offerings for the product that they want to implement.

Build a project and group the related tasks together in a hierarchical fashion.

Associate the Legislative Data Group to the project tasks as part of the scope.

NEW QUESTION 35
Where would a payroll flow task retrieve its parameter information when selecting “Bind to Flow Task Parameter”?
Response:

Derives the value from a SQL Bind

Derives the value from the output of the previous task

Derives the value from the context of the current flow instance

Derives a specific value to the parameter as entered by the user

NEW QUESTION 36
Where do you define a custom schedule to be used during payroll flow submission?
Response:

Within Manage Flow Patterns, create a custom schedule and associate it with the flow pattern.

Within Manage Fast Formula, create a formula that defines the required schedule.

Within Manage Time Definitions, create a schedule using the type “Time Span”.

Within Manage Run Types, create a schedule of the category “Normal”.

NEW QUESTION 37
Your customer pays their workers on a semi-monthly payroll frequency. To save costs, the customer is changing their company policy and effective from 1st January, all workers will be paid on a monthly payroll frequency.
What action should you take to implement this change?
Response:

Create a new monthly payroll definition, and date the workers employment records associated with the semi-monthly payroll, create new employment records for the workers and associate these to the monthly payroll.

Create a new monthly payroll definition and transfer the workers from the semimonthly payroll to the monthly payroll.

Navigate to the semi-monthly payroll and update the Date Paid field on the payroll time periods to reflect the new monthly payment dates.

Navigate to the semi-monthly payroll and update the Start and End Dates on the payroll time periods to reflect the new monthly payroll period dates.

NEW QUESTION 38
Which action should you takein a checklist to enable the process to be automatically re-processed?

Rollback

Skip

Mark for Retry

Re Process

NEW QUESTION 39
Where would a payroll flow task retrieve its parameter information when selecting “Bind to Flow Parameter”?
Response:

Derives the value from the output of the previous task

Derives the value from one of the flow pattern parameter values

Derives the value from one of the task parameter values