Oracle 1Z0-1050-21 Exam | Questions | Preparation Tips |
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1Z0-1050-21 Certification DetailExam Code 1Z0-1050-21
Full Exam Name Oracle Payroll Cloud 2021 Implementation Essentials
Number of
Questions
55
Practice Exams 1Z0-1050-21 Online Practice Exam
Passing Score 64%
Time Limit 90 minutes
Recommended
Training
Oracle Payroll Cloud 2021 Certified Implementation
Specialist
Oracle Global Human Resources Cloud Learning
Subscription
Syllabus Topics for Oracle 1Z0-1050-21 Exam
Topic Name
Payroll Concepts Payroll and Balance Definitions
Earnings and Deduction Definitions Payroll Payment Details
Payroll Costing Rules Employee Level Payroll Information
Payroll Flows Calculate, Validate and Correct Payroll
Processes
Oracle 1Z0-1050-21Exam Questions
?
01. What happens if the costing process does not find a value for a segment defined as mandatory, and you create a suspense account at Payroll level?
Option
a) Costing results display a blank (null) value in the segment.
b) Calculation displays an error, and the person’s results are not costed.
c) Costing results are placed into suspense account.
d) No costing results are created for the person.
ANSWER
c) Costing results are placed into suspense account.
02. Which legislative data group (LDG) description is incorrect?
Option
a) An LDG can be associated to multiple cost allocation key flexfield structures.
b) An LDG can contain many legal entities that act as payroll statutory units.
c) An LDG is associated with a legislative code and currency.
d) An LDG marks a legislation in which payroll is processed.
ANSWERa) An LDG can be associated to multiple cost allocation key flexfield structures.
03. The element template has created a “Results” element for a voluntary deduction element along with the base element.
Option
a) Distributor element
b) Calculator element
c) Results element
d) Base element
ANSWER
d) Base element
04. Where do you define a custom schedule to be used during payroll flow submission?
Option
a) Within Manage Flow Patterns, create a custom schedule and associate it with the flow pattern.
b) Within Manage Fast Formula, create a formula that defines the required schedule.
c) Within Manage Time Definitions, create a schedule using the type “Time Span”.
d) Within Manage Run Types, create a schedule of the category “Normal”.
ANSWERb) Within Manage Fast Formula, create a formula that defines the required schedule.
05. 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?
Option
a) End date the element definition.
b) Change the effective date to the required date and select the “Closed for entry” check box.
c) You cannot achieve this requirement because you need to continue the existing element entries.
d) Delete the element definition and re-create it with a different effective date.
ANSWER
b) Change the effective date to the required date and select the “Closed for entry” check box.
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