Free Oracle 1Z0-1050 Exam Dumps Questions & Answers

You want to define your own rules for converting a rate value from one periodicity to another, such as from weekly to annual.
How can you achieve this?

• A.  Create an additional input value, calculate the converted value outside the system, and enter it while creating an element entry.
• B.  Define your own Periodicity Conversion Rule and select it while creating the element.
• C.  You cannot define your own rules for converting from one periodicity to another.
• D.  Define an indirect element, write a fast formula to convert the processed value and create the result for an indirect element.

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?

• A.  Navigate to the semi-monthly payroll and update the Date Paid field on the payroll time periods to reflect the new monthly payment dates.
• B.  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.
• C.  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.
• D.  Create a new monthly payroll definition and transfer the workers from the semi-monthly payroll to the monthly payroll.

When submitting a payroll flow, who is the owner of a task if no one has been indicated within the payroll flow definition?

• A.  Any user with the Payroll Administrator role
• B.  Any user with either the Payroll Administrator or Payroll Manager Role
• C.  The user that submitted the payroll flow
• D.  Any user with the Payroll Manager role

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?

• A.  Costing results are placed into suspense account.
• B.  Costing results display a blank (null) value in the segment.
• C.  Calculation displays an error, and the person's results are not costed.
• D.  No costing results are created for the person.

You are creating a car allowance element. The rules for this allowance need to reference the salary balance.
How can you meet this requirement?

• A.  Associate the salary balance to a calculation card and reference the calculation card in the allowance element formula.
• B.  Enter the salary balance value as an input value on the car allowance element.
• C.  Create a balance feed to feed the salary balance to the car allowance element.
• D.  Reference the database item and appropriate dimension for the salary balance in the allowance element formula.