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Oracle 1Z0-1050-21 Exam

Oracle Payroll Cloud 2021 Implementation Essentials Sample Questions (Q40-Q45):

NEW QUESTION # 40
A customer's organization has agrade structure with four grades - C1, C2, C3, and C4. You have a car allowance element, which is art 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 C3 and C4.
• C. Define multiple element eligibilities using gradeC1, C2, C3, and C4, but create an element entry only for employees with grades C3 and C4.
• D. You cannot meet the requirement as you cannot create element eligibility using grade as the eligibility criteria.

Answer: A
NEW QUESTION # 41
Where do you define a custom schedule to be used duringpayroll flow submission?

• A. Within Manage Time Definitions, create aschedule using the type "Time Span".
• B. Within Manage Run Types, create a schedule of the category "Normal".
• C. Within Manage Flow Patterns, create a custom schedule and associate it with the flow pattern.
• D. Within Manage Fast Formula, create a formula that defines the required schedule.

Answer: D
NEW QUESTION # 42
A customer's organization has a grade structure with four grades - C1, C2, C3, and C4. You have a car allowance element, which is art 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?
Response:

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

Answer: C
NEW QUESTION # 43
What is the maximum number of segments that a cost allocation key flexfield can have?
Response:

• A. 0
• B. 1
• C. 2
• D. 3
• E. 4

Answer: A
NEW QUESTION # 44
Your customer's requirement is to pay employees within each of their three business units from a different bank account. Which three setup steps should you complete?
(Choose three.)
Response:

• A. Write a formula to retrieve the employees business unit details.
• B. Create a Default Payer Element with a Payment Criteria input value.
• C. Create three organization payment methods each with a different payment source.
• D. Create one organization payment method with three payments sources and define three payment method rules based on each business unit.

Answer: B,C,D
NEW QUESTION # 45
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